Category: Articles & Publications

By: Penny Cassell Published in: Lawyer Monthly The increase in high-profile corruption and fraud cases since the financial collapse has led the role of the forensic accountant to become more prominent in the public eye. With more and more companies finding themselves involved in legal action, the demand for forensic accountants has never been higher. […]

By: Andrea Harris Published in: Envoyage Boutique fraud investigation, asset recovery and insolvency firm KRyS Global expanded into Europe with the opening of its Guernsey office on 1 October 2012. KRyS Global is a professional services firm committed to resolving complex cross border issues. Clients benefit from the practical handson approach, along with the depth […]

INSOL International is pleased to present a country study on the Cayman Islands under its Technical Papers Series focusing on “A Collection of Practical Issues Important to Smaller Practitioners”. The paper was written by Scott Andersen & Margot MacInnis of KRyS Global. INSOL International sincerely thanks the authors for writing this paper that provides very […]

By: Declan Magennis Published in: Cayman Financial Review There comes a time at the end of any company’s life, or such other time as may be stipulated in the articles and memorandum of association, when the directors of the company must decide whether to formally wind up the company. Historically the decision was whether one […]

By Kenneth Krys Published in: The Bermudian When it comes to attempting to identify and recover concealed assets and proceeds of crime, one needs to have a team that includes professionals with experience and expertise in tracing assets in an offshore environment. Insolvency practitioners and corporate recovery professionals have these tools and often can bring […]

This month, as part of their Interview With feature, Lawyer Monthly speaks to Margot MacInnis, Managing Director of the Cayman Islands office of insolvency and corporate recovery firm, KRyS Global. Here, she discusses with us the firm, her work, the challenges she faces regularly and her favourite aspects of her work. Please introduce yourself, your firm and your […]

By Edmund Rahming Published in: The Bahamas Investor Historically, insolvency procedures in The Bahamas have been governed through the application of the Companies Act, 1992 and the International Business Companies Act ,2000. While these laws worked well for many years, there was a need to modernize them given the economic development in The Bahamas and […]

By Timothy Le Cornu Speaker INSOL 2012 This paper attempts to identify and illustrate, by practical example, the major impediments to the acceptance and use of China’s Enterprise Bankruptcy Law. I am deeply indebted to the following individuals, each of whom is a key player in insolvency practice in Hong Kong and the People’s Republic of China,for […]

By Jonathan Draper and John Greenwood Published in: INSOL World (Quarter 2 2012) Those who know or suspect they are a victim of fraud commissioned by a wrongdoer through a BVI-registered company will have an imperative need to be armed with information and legal remedies both to protect against further damage and open up a road towards recovery. […]

By Alyson Reilly and Andrea Harris IWIRC Connection (Spring 2012) A Liquidator appointed over a fund that has been the subject of a substantial loss and possi- bly fraud must consider the possible avenues for recovery. In such circumstances, a Liquidator will seek ways to address the inequities that exist between those shareholders who remain […]