BTG Begbies Traynor expands British Virgin Islands team with strategic hire, Elaine Hanrahan

Date Published: 17/12/2024

BTG Begbies Traynor is pleased to announce the appointment of Elaine Hanrahan as partner in its British Virgin Islands (BVI) office.

Elaine, an accomplished insolvency practitioner, brings over 12 years of international experience, further enhancing the firm’s capabilities in this key offshore jurisdiction, and will work alongside BVI partner Brian Simpson.

Elaine’s appointment is a significant step forward BTG Begbies Traynor's strategy to expand its practice in the BVI, which provides services to creditors, directors, shareholders and regulators in recovering funds and assets and managing cross-border litigation and enforcement.

Elaine joins BTG Begbies Traynor from Kroll Advisory (BVI) Limited, where she successfully acted as liquidator of BVI companies with operations across a number of jurisdictions, including the BVI, the U.S., Hong Kong, PRC, Singapore and India. She has also acted as both an out of court receiver and as a court appointed receiver.

Adrian Hyde, Head of International and Partner at BTG Begbies Traynor, comments:

"We are delighted to welcome Elaine to our BVI team, where her extensive experience as an Insolvency Practitioner dealing with complex cross-border asset recoveries will be of immense value to our clients.

“The BVI continues to be a key hub for international businesses and financial institutions, with growing demand for advisory services in areas such as liquidation, asset recovery, and enforcement procedures. Elaine’s appointment strengthens our ability to meet these needs and reinforces our commitment to delivering exceptional service across the territory.”

Elaine Hanrahan, Partner at BTG Begbies Traynor, comments:

"I am thrilled to be joining BTG Begbies Traynor’s BVI team, which is well-known for its deep roster of clients and wide range of expertise. I look forward to working with the team to drive the firm’s growth both in the BVI and internationally, with a particular focus on strengthening our presence across Asian markets.”

About The Author

Meet the Team

Adrian Hyde is a Partner based in our London office. He specialises in corporate insolvency, proceeds of crime asset recovery and fraud, predominantly cross-border, and in the offshore jurisdictions. His appointments are mostly regulatory-driven, complex insolvency assignments across multiple jurisdictions.

Adrian has over 30 years of experience in the industry, working as a solicitor and as a licensed Insolvency Practitioner. He is regularly appointed as liquidator or trustee in bankruptcy in high profile cases involving fraud, money laundering and tax evasion.

His cross-border capabilities extend to asset recovery and enforcement actions across diverse jurisdictions, including the USA, Panama, Monaco, Switzerland, Israel, Northern Cyprus, Russia, Kazakhstan, Tanzania, Dubai, Oman, and Egypt. He has served as president of the Association of Business Recovery Professionals Forum (R3), as president of the Insolvency Practitioners Association (IPA), and is currently a director and board member of the IPA.

Prior to joining BTG, Adrian gained experience at a global advisory firm within the business recovery division. He is a licensed Insolvency Practitioner and a non-practising solicitor.

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