Alexia is Counsel in our commercial litigation, insolvency and restructuring practice.

Alexia has acted in multiple high-profile, high-value cases in London, the Cayman Islands and Singapore.

Alexia has a wide range of experience representing clients in complex multi-jurisdictional disputes, insolvencies, shareholder and fund disputes, fraud and asset tracing claims and the recognition and enforcement of foreign judgments and arbitral awards. She regularly advises insolvency practitioners, companies, directors, shareholders, debtors, creditors and high-net-worth individuals.

Before joining Claritas in 2023, Alexia practiced Cayman Islands law at global offshore law firms, Harneys in the Cayman Islands and Walkers in Singapore. She has also practised at leading litigation firms in London, most recently, at DLA Piper.

Alexia is recognized by Legal 500 (2025), where client sources report that “Alexia Adda is a recent addition who has fitted well into the team. She is incredibly able and very responsive” and “Alexia Adda is a popular and intelligent associate.”

Alexia’s case highlights include:

• Fortunate Drift Limited (FDL) v Canterbury Securities Ltd (CSL): Acting for Chinese-owned, BVI-incorporated company, FDL, in its claim against Cayman broker, CSL, that had misappropriated approx. USD20m in share sale proceeds. Having found in favour of FDL on liability, the Court imposed a series of disclosure orders, restraining orders and unless orders to try to manage CSL’s attempts to evade the Court’s orders. The Court issued judgment on quantum following a hearing in December 2023, which led to CSL being put into liquidation in January 2024.

• Re Seahawk China Dynamic Fund: Acting for a high-net-worth individual who was the majority investor in Seahawk China Dynamic Fund, a Cayman hedge fund, in a billion-dollar dispute with fund management.

• Northeast Securities Co. v Tricor Services: Acting for a creditor of a Chinese individual, obtained a Norwich Pharmacal order ordering the registered office providers of two Cayman companies suspected to be connected with the debtor to disclose beneficial ownership and other information, as part of a global asset tracing exercise.

• Acted for a Cayman company in distress trying to complete a USD10m sale of its business being blocked by a shareholder. Advised on and implemented strategy to place company into soft touch provisional liquidation. Sale completed, company wound up and assets distributed to creditors.

• Irving H. Picard, Bernard L Madoff Investment Securities v Primeo Fund et al: Acted as Cayman Counsel to Irving Picard, trustee for the liquidation of Bernard L. Madoff Investment Securities, to pursue multi billion dollar claims of constructive trust, preference and turnover.

• Algosaibi Brothers v Saad Investments: Acted as Cayman Counsel to a professional trustee defendant in the Saad/AHAB USD9bn fraud. Successfully negotiated with plaintiffs to discontinue proceedings against client and recover costs.

• Successfully defended summary judgment application of USD7bn interpleader seeking recovery of traceable proceeds from sale of a yacht. Client convicted of fraud that caused insolvency of a major Caribbean bank.

• Re SPhinX Group: Counsel to former auditors in USD525m liquidation of SPhinX Cayman Islands hedge funds. Advising on liquidators’ attempts to enable an interim distribution while maintaining a reserve for potential indemnity claims.

• Acorn International v Andrew Yan, Gordon Wang, Jing Wang: Acted for Cayman Islands company, Acorn International, in USD45m claim against former directors for breach of fiduciary duty, misconduct and mismanagement. Negotiated complex settlement.

• Re Axiom Legal Financing Fund: Acted for the receivers of collapsed litigation funding Cayman hedge fund, involving the first fully operational segregated portfolio receivership in Cayman. Persuaded the Court to make groundbreaking rulings where the legislation and rules were silent on key points.

• Caribbean Islands Development (In Official Liquidation) v Simba Ltd: Acted for liquidators of failed resort development. Mass actions of USD8m against Cayman Islands real estate brokers and bank.

• In the Matter of Sextant Strategic Global Water Fund et al: Counsel to creditor in multi-million dollar liquidation of two Cayman hedge funds following investment in failed Icelandic (bottled water) venture. Claims against auditors and administrators. Negotiated complex settlement.

• Re Lehman Brothers: Represented administrators of Lehman Brothers entity in application for waterfall distribution of surplus assets. (London)

• Acted for liquidators, alongside litigation funders, in GBP250m misfeasance claim against former director. (London)

• Defended a £30m Oil & Gas arbitration involving contract and maritime law, spanning US, UAE, Panama, Cameroon, Cyprus. (London)

Bar Admissions
Cayman Islands, 2010
British Virgin Islands, 2013 (non-practicing)
Solicitor, England and Wales, 2008 (non-practicing)
Barrister, England and Wales, 2004 (non-practicing)

Education
Executive MBA, Singapore, INSEAD, 2018
BPP Law School, London, England, Bar Vocational Course, 2004
BPP Law School, London, England, Postgraduate Diploma in Law, 2003
University of Edinburgh, MA (Hons), History of Art, 2002