New York court authorizes serving subpoenas to Three Arrows Capital founders Su Zhu and Kyle Davies, creditors can request disclosure of information

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New York court authorizes serving subpoenas to Three Arrows Capital founders Su Zhu and Kyle Davies, creditors can request disclosure of information

According to legal documents, the founders and investment managers of Three Arrows Capital should disclose and hand over any information related to creditors' assets or financial affairs to foreign creditor representatives, including books, documents, records, and papers.

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According to legal documents, as long as it is related to creditors' property or financial affairs, the founders and investment managers of Three Arrows Capital should be transferred and disclosed to foreign creditor representatives, including books, documents, records, and hard copies.

Since Three Arrows Capital is subject to Chapter 15 bankruptcy regulations, which mainly deal with the relationships among debtors, assets, and creditors in multiple countries, it helps facilitate international cooperation and fair and efficient cross-border bankruptcy management. It grants foreign representatives the right to resort to U.S. courts.

The order also mentions that members of Three Arrows Capital, Mark Dubois, Cheuk Yao Pau, and Kyle Davies's wife Kelly Chen, are targets of the investigation; this also includes the related companies DeFiance Capital and Starry Night Capital that were mentioned.