Category: Press & Articles

Caymanian Compass–Six Caymanians demonstrating a talent for the compliance field have been awarded scholarships from the Cayman Islands Compliance Association. The recipients for 2009/2010 are Stephanie Scott (Krys & Associates Cayman Ltd.), Magdalyn Burlington (Butterfield Bank (Cayman) Limited, Drew Dhanraj (Active Services (Cayman) Limited, Nicole Prince-Smith (FirstCaribbean International Bank), Tasha Barton (Walkers) and Anganette McLaughlin […]

By Tim Le Cornu and Mathew Clingerman Cayman Financial Review, July 2009 This is the second article in a two-part series dedicated to discussing the recent reforms impacting the Cayman Islands’ insolvency regime as a result of the Companies Amendment Law 2007, the Companies Winding Up Rules 2008, the Insolvency Practitioners Regulations 2008 and the […]

Cayman Islands Journal–On 1 March, 2009, The Companies (Amendment) Law 2007 and related Insolvency Practitioners Regulations 2008 and the Companies Winding up Rules 2008 were enacted. In conjunction with these revisions, Krys & Associates, who specialise in corporate recovery, insolvency and forensic accounting took the opportunity to inform local lawyers, fund administrators, trust officers and […]

By Tim Le Cornu and Mathew Clingerman ABI Journal , June 2009 Historically, insolvency procedures in the Cayman Islands have been governed through the application of the U.K.’s Insolvency Rules 1986, insofar as such rules were not inconsistent with Cayman Islands’ law. While this practice worked well for many years, the U.K.’s Insolvency Rules 1986 […]

Caymanian Compass–During the month of May, members of Krys & Associates’ corporate recovery teams in Cayman and the British Virgin Islands were in Hong Kong and Singapore and provided an update on the changes in the insolvency world in Cayman and BVI, states a recent press release. The update to Asia’s leading litigation and bankruptcy […]

Caymanian Compass–In early February Krys and Associates hosted a panel discussion titled Cayman Insolvencies at 3,000 feet – A Bird’s Eye View at the Grand Cayman Beach Suites. Invitations were extended to attendees of the American Banking Institute Conference, which was held in Grand Cayman in early February. The majority of attendees at the event […]

HFM Week–Over almost 20 years, Cayman has distinguished itself as one of the world’s key financial centres. Now, as financial turmoil affects the industry globally, HFMWeek talks to some of Cayman’s fund experts about new regulation, the fortunes of its hedge fund business and future opportunities. Download article as a PDF.

Grand Cayman Magazine Financial Services and Wealth Management Supplement Vol. 1 issue 2, 2008) With any investment decision, balancing risk and return can be a tricky operation. Sometimes investors get it wrong and find their investments subject to financial distress; other times they are the unwitting victims of fraud. Whatever the cause or situation, whether […]

Caymanian Compass–Chapter 123 of the Association of Certified Fraud Examiners is hosting a half–day symposium that looks at the regulatory and legal duties and obligations of directors, and the resulting accountability and liability that arises from these duties and obligations. The session will be held Wednesday, 21 October, at the Grand Cayman Marriott Beach Resort. […]

Margot MacInnis and Mathew Clingerman provide insights on preparing for hedge fund litigation strategies “Focusing on Legal Strategy” Hedge Fund Managers Cayman Supplement April 2008 Download Article as a PDF.