Category: Press & Articles

Law360–Fairfield Sentry Ltd., Bernard L. Madoff’s largest feeder fund, filed 57 New York federal court suits over a three-day span last week in a litigation binge aimed at recovering $3 billion the fund must turn over to Madoff’s trustee. Among the largest single targets of the litigation, all filed in the U.S. Bankruptcy Court for […]

Press Release–KRyS Global, a firm dedicated to corporate recovery, insolvency, forensic accounting and business advisory services, announces Patrick McPhee as the new Managing Director of its Bermuda office. Patrick brings over 18 years’ experience in the areas of corporate recovery, restructuring, forensic investigations and litigation support services. He started his professional career with two Big […]

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 […]

BVI Beacon–Most people regognise the image of arrows protruding from a circle as the international symbol for chaos. Kenneth Krys, cheif executive officer of KRyS Global, hopes that bringing order out of chaos will mean opportunity. Mr. Krys said his firm, which performs corporate recovery and insolvency services, adopted the logo because clients of its […]

Nassau Guardian–Financial statement fraud may be the next threat to businesses in The Bahamas, according to ant-fraud experts in the country, citing that it could become a common practice among scam artists. Several members of the newly-formed Bahamas chapter of the Association of Certified Fraud Examiners (ACFE) agreed that although financial statement fraud isn’t the […]

The Tribune–A leading Bahamian accountant yesterday said he had seen a 10 per cent increase in fraud-related assignments and investigations he had been asked to undertake since the recession hit, with various forms of fraud purchasing, inventory and financial statements all on the rise. Speaking at the launch of the Association of Certified Fraud Examiners […]

Bahamas Tribune–KRyS Global, the accounting firm specialising in corporate asset recovery, insolvency, forensic accounting and business advisory services, has named Tangela Russell as manager of its Bahamas office. She joins the firm with more than 10 years’ of accounting experience, most recently holding the positions of regional head of accounting at a Bahamas-based private bank […]

Royal Gazette–Krys Global, which operates in Bermuda, has been awarded the 2010 Corporate INTL Legal Awards for White Collar Law and International/Cross Border Law in the Cayman Islands. “We are honoured to have won these awards.” said company founder and CEO Kenneth Krys. “In a highly competitive field, retaining these awards for Krys Global is […]