Category: Articles & Publications

Published in INSOL World 3rd Quarter  Magazine 2015: By Samantha Wood, Manager Cayman Islands A scheme of arrangement (“Scheme”) is a flexible process, whereby a court approves an agreement between company stakeholders (e.g. equity holders, lenders or debenture holders) that may affect or alter shareholder or creditor rights. Unlike certain other insolvency processes or regimes, Schemes […]

Published: En Voyage May/June 2015 Stuart Place, Director, KRyS Global Guernsey The Scenario: You have just attended the sixth quarterly board meeting in a row as non-executive director for a fund that is clearly in decline. The advisers have been producing ever longer reports to explain the illiquidity of the assets and that shareholders just […]

Q: Has the nature of insolvency and restructuring in Guernsey changed over the last 12 months at all? There has been a continuing trend in relation to the liquidation of Guernsey domiciled property structures which hold assets in the UK. Changes to the UK tax regime have impacted the efficiency of holding property through an […]

Andrea Harris, Senior Manager of KRyS Global and David Jones, Advocate and Senior Associate of Carey Olsen, recently wrote a Technical Paper for INSOL International which was published this month. It is a country study on Guernsey, which comes under under INSOL’s Small Practice Technical Papers Series and focuses on “A Collection of Practical Issues […]

INSOL World Q1 2015: by Bryan Scott Perkinson – Director at KRyS Global USA Introduction Winston Churchill once stated, “you can always count on Americans to do the right thing – once they’ve tried everything else.” This attitude about American ways, probably shared far beyond the walls of Chartwell, may be correct; however, it can […]

The increase of the world’s appetite for technology and the resultant enhancement of interconnectivity and collaborative abilities has revolutionized the way the world communicates and conducts business. Unfortunately, not every technological advancement of the past few decades has been positive. Several factors such as the decreasing costs of machine time, the relative ease of initiating […]

KRyS Global is pleased to announce it has signed a binding agreement for the sale of Serbia’s largest dairy Imlek and biscuit and confectionery maker Bambi* and prestigious mineral water and non-alcoholic beverage company, Knjaz Milos.  In October 2012 Messrs Krys and Greenwood of KRyS Global were appointed Trustees of Value Discovery Partners LP (“VDP”), […]

Published: BVI Business, January 2015: Authors: Andrew Seekts, Senior Manager & Sean Theron, Manager, KRyS Global In the past five years we have seen more developments in technology than in all the years before that combined. Technology is fast, easy to access and paperless. While those developments have assisted us with our daily lives, they have […]

INSOL International Channel Islands One Day Seminar Report by Scott Andersen, KRyS Global, Channel Islands and Luke Olivier, Ogier, Channel Islands In September 2013 the Association of Restructuring and Insolvency Experts (“ARIES”), the Channel Islands Member Association of INSOL International, was founded and on 12 June 2014 the inaugural INSOL International Channel Islands One Day […]

Cayman Financial Review TOPIC: Offshore Financial Centres By: Edmund L. Rahming August 8, 2014 Whether a local business company, international business company, trust company or an individual, the instinctive reaction on discovering a fraud is often to call the police. However, in certain circumstances, immediately reporting the discovery of fraud to law enforcement may not […]