Category: Articles & Publications

Corporate International–Unlike a number of other firms, KRyS Global only provides insolvency, liquidation, corporate recovery, forensic accounting and related services which enables us to provide independent, focused and experienced service to our clients. Our staff are experienced and qualified in the field of insolvency and forensics, and we ensure all engagements are carried out by […]

Business in Bermuda–Market Talk with KRyS Global Can you tell us a little bit about the key services KRyS Global offers? KRyS Global provides solutions to complex cross-border issues in the areas of Corporate Recovery, Insolvency, Forensic Accounting and Business Advisory Services. KRyS Global has over 40 professionals who work from offices in four jurisdictions […]

By Jonathan Murphy Cayman Financial Review, Second Quarter 2011 As a result of the bankruptcies of feeders funds and investment vehicles underlying Bernard L Madoff Investment Securities LLC and other recent Ponzi schemes, the authority and culpability of feeder fund shareholders vis-a-vis their own customers in certain situations is being put into the limelight by these […]

By Margot MacInnis and Andrea Harris-Kellow Published in Cayman Funds 2011 Liquidators and trustees in bancruptcy of entities that have sustained losses from fraudulent schemes in which management may have been involved will be paying close attention to recent decisions of the courts in the State of New York to determine whether to choose a […]

By Nilani Perara Published in Cayman Financial Review, First Quarter 2011 Both Cayman and the BVI play a huge role in offshore regional business and finance and there are significant capital flows between Caribbean offshore jurisdictions and in the People’s Republic of China (PRC). An overwhelming percentage of BVI and Cayman corporates have major operations in […]

Q&A with KRyS Global’s Tim Le Cornu Published in Lawyer Monthly, February 2011 Recent economic situations have acted as a lesson for businesses globally, where to invest your money and where not to take risks. As a result companies that weathered the recession have come through without having to go down the route of insolvency, […]

Cayman Islands Journal, February 2011 Global reach for local firm The Journal catches up with Kenneth Krys to appreciate the new developments at his company, as it evolves from Krys & Associates to KRyS Global. Tell us something about the evolution of KRyS Global – when did you begin operations and what type of business […]

Business in the Cayman Islands, Special Report 2011 What changes have you seen to the type of cases you are involved in since the global financial crisis? can you tell us a little bit about KRys Global’s role in the Fairfield sentry/ Bernie Madoff case? It could be said that the economic downturn simply reveals […]

When you first hear that a firm specialising in insolvency and corporate recovery is setting up in Bermuda, your first reaction might be, “Help-is Bermuda in trouble?” “Not at all,” says Kenneth Krys, founder and CEO of Krys and Associates. “In our business companies go under and fraud happens in good times and bad. In […]

By Tim Le Cournu and Gerard Rolton Published in the Cayman Islands Journal, October 2010 Section 1, Introduction of the ‘Guidance Notes on the Prevention and Detection of Money Laundering and Terrorist Financing in the Cayman Islands’ starts with the following: “Having an effective anti-money laundering / countering the financing of terrorism  regime has become a […]