The $140 million dispute between DeFiance Capital and 3AC liquidators will be heard in Singapore

2023/08/15 10:40

The $140 million dispute between DeFiance Capital and Teneo, the asset liquidator of Three Arrows Capital, will be held in Singapore. The dispute involves assets managed by DeFiance Capital, which operates independently of 3AC but is part of its corporate structure. According to court documents, the liquidator claims that these funds should be held as part of 3AC assets and distributed to creditors, while DeFiance Capital claims that these funds should be handled separately and returned to its own investors.

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