Category: Press & Articles

Press Release–Krys & Associates is pleased to announce that Kenneth Krys and Joanna Lau have been approved as Licensed Insolvency Practitioners by the British Virgin Islands Financial Services Commission. As licensed insolvency practitioners, Ken and Joanna join Chris Stride and Charlotte Caulfield as professionals who can be appointed by the BVI court as liquidators of […]

By Kenneth Krys Insol World, Second Quarter 2010 Professional indemnity insurance (“PII”) for insolvency practitioners is liability insurance that provides cover in the event that a third party claims to have suffered a loss as a result of professional negligence by the insolvency on the part of the practitioner. PII cover is generally considered good […]

Reviewed by Mathew Clingerman Krys & Associates Cayman Ltd. Fellow, INSOL International Cayman Islands Insol World, Second Quarter 2010 Chair: John Verrill, Dundas & Wilson LLP Jeff Friedman, Kattern Muchin Rosenman LLP Paul Winer, Weksmans Incorporating Jan S. de Villiers Leon Zwier, Arnold Bloch Leibler Economic recessions not only increase the general level of corporate […]

Press Release–Kenneth Krys, Founder and CEO of Krys & Associates and Craig Powles, LLB (Hons), Senior Associate of Solomon Harris Attorneys-At-Law, were in Buenos Aires, Argentina last month as part of an international panel discussion entitled “Cross Border Issues: Madoff Goes Offshore.” The discussion took place at the 2010 International Insolvency Law Conference, sponsored in […]

Caymanian Compass–INSOL announced the second graduating class of its Global Insolvency Practice Course, an advanced educational qualification focusing on international insolvency. The successful participants, which this year included Mathew Clingerman, senior manager at Krys & Associates (Cayman) Ltd, are formally recognised as a Fellow, INSOL International. “Being recognised as a Fellow of INSOL International is […]

Tim Le Cornu and Mathew Clingerman discuss Published in Corporate Rescue and Insolvency, April 2010 Historically, insolvency procedures in the Cayman Islands have been governed through the application of the UK’s Insolvency Rules 1986 insofar as such rules were not inconsistent with Cayman Islands’ law. While this practice worked well for  many years, the UK’s […]

The Nassau Tribune–Krys Rahming & Associates Limited is pleased to announce the opening of its office in the Bahamas. The Bahamian firm will be dedicated to Corporate Recovery, Insolvency, Forensic Accounting and Business Advisory services. The firm maintains a strategic alliance with Krys & Associates Ltd. which has offices in the Cayman Islands and the […]

The BVI Beacon–Krys & Associates (BVI) Ltd is pleased to announce that Charlotte Caulfield, a Manager in its Corporate Recovery Department and an insolvency specialist originally from the UK, has recently been approved as a Licensed Insolvency Practitioner by the BVI Financial Services Commission. Kenneth M. Krys, Founder and CEO of Krys & Associates, gives […]

Caymanian Compass–A Cayman Islands insolvency professional has secured a spot in a prestigious training course that accepts only 25 candidates a year. Mathew Clingerman, a senior manager at the Cayman Islands office of Krys & Associates, was accepted as a candidate to INSOL International, the leading association of restructuring and insolvency professionals, which recently kicked […]

Margot MacInnis reviews INSOL 2009 Technical Session, ‘Do reorganizations really return more value than liquidations?’ INSOL World, Third Quarter 2009 Chair: John Jefferson, The Hilco Organization, Canada; Panelists: Mark Conzelman, Canadian Imperial Bank of Commerce, Canada; Philip Hertz, Clifford Chance LLP, UK; Gwyn Morgan, Westpac Banking Corporation, Australia. John Jefferson, session moderator, identified ‘value’ as […]