Begbies Traynor Group

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

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Date Published: 17/12/2024

Begbies Traynor Group (“Begbies Traynor” or the “Group”) 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 in the Group’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 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 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 Begbies Traynor, comments:

"I am thrilled to be joining 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 is a licensed insolvency practitioner. Prior to joining CVR (acquired by Begbies Traynor Group in 2021), he was a Partner in two well-known law firms, specialising in insolvency, proceeds of crime and fraud work.

Experienced in working on a wide range of insolvency matters, the majority of Adrian’s assignments involve crime or dishonesty and many involve overseas issues at offshore jurisdictions and business centres.

Adrian has been splitting his time between London and Gibraltar while working on the liquidation of an international law firm. This has provided an opportunity to focus on the expansion of Begbies Traynor’s international business and has led to an increasing amount of international work.

Adrian is a former President of R3, the UK trade body representing the insolvency profession.

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