Category: Press & Articles

Stamford Advocate – Bloomberg News – The trustee for Bernard L. Madoff Investment Securities Inc. is near finding out whether he has succeeded in a third attempt at halting lawsuits or settlements where customers threaten to deplete assets of defendants accused of receiving money stolen from Madoff customers. Madoff trustee Irving Picard started a lawsuit in […]

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 […]

Michelle Jones (www.valuewalk.com)–When Bernard Madoff’s Ponzi scheme broke up, some victims of that scheme sold their claims to earn back their money fast. Kenneth Krys was one of those victims, and he sold his claim for $74 million to Baupost Group. Now he’s trying to get that trade reversed because of how quickly the value […]

Maria Chutchian (www.Law360.com)–A New York bankruptcy judge on Thursday refused to allow the trustee for Bernard L. Madoff feeder fund Fairfield Sentry Ltd. to invalidate the sale of a $230 million claim in the Madoff liquidation that later spiked in value. In his decision, U.S. Bankruptcy Judge Burton R. Lifland blasted Sentry trustee Kenneth Krys’ […]

Caymanian Compass–Corporate recovery and insolvency firm KRyS Global hosted its first CEO Symposium in Cayman on Thursday, 18 October, at the Britannia Golf Club. Managing Director Margot MacInnis and Chief Executive Officer Kenneth Krys devised the event to address the difficulties and challenges experienced by chief executives transitioning from being a project leader to a […]

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 […]

Marie Beaudette and Rachel Feintzeig (Dow Jones & Company, Inc.)–A judge has granted China Medical Technologies Inc. Chapter 15 protection in the U.S. as liquidators continue winding down the business in the Grand Caymans. Judge Robert E. Gerber of the U.S. Bankruptcy Court in Manhattan on Wednesday signed an order granting the company’s liquidators the […]

Bernews.com–KRyS Global, a firm dedicated to corporate recovery, insolvency, forensic accounting and business advisory services, has expanding the business services it offers to clients. Responding to an increased demand for technology based solutions in the areas of fraud investigation and asset recovery, KRyS Global has launched Ferret services. “We are excited to be able to […]

The Caymanian Compass–Corporate recovery and insolvency firm KRyS Global will be launching its fifth international office in Guernsey in October 2012. “We identified there was a need for the types of services and expertise we provide, primarily in the areas of fraud investigation and asset recovery,” said Kenneth Krys, founder and chief executive officer of […]