Category: Press

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 […]

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 […]

TheBahamasInvestor.com–Insolvency and forensic accounting firm with an office in The Bahamas is expanding its services to the Channel Islands, launching next month. KRyS Global, a corporate recovery, insolvency, forensic accounting and business advisory services firm with an office in The Bahamas, has announced the launching of a fifth office, in Guernsey, to commence business October […]

The Phoenix Magazine–The Liquidator of a Bernie Madoff feeder fund company is still pursuing Bank of Ireland Nominees and Irish Life International (ILI) for monies he claims were unduly paid out to these entities from Madoff’s ponzi scheme. Now and Irish-registered company called Monte Paschi Ireland Ltd. (MPI), which is based in Dublin’s IFSC, is […]

Press Release–KRyS Global, a firm dedicated to corporate recovery, insolvency, forensic accounting and business advisory services, today announces the launching of a fifth office, in Guernsey, to commence business this October 2012. The Guernsey office will be led by Timothy Le Cornu, who has been a Director in KRyS Global’s Cayman Islands’ office since 2008 […]

Bloomberg Businessweek–China Medical Technologies Inc., a maker of diagnostic products, filed for Chapter 15 foreign-firm bankruptcy protection in New York, listing as much as $500 million in assets and debts. China Medical, which makes products to monitor various diseases including cancer, also listed foreign bankruptcy proceedings pending in the Cayman Islands, according to a petition […]

TheBahamasInvestor.com –Corporate asset recovery, insolvency, forensic accounting and business advisory services firm, KRyS Global Bahamas scoops prestigious magazine award in international competition. KRyS Global, a corporate asset recovery, insolvency, forensic accounting and business advisory services firm, has been recognized as a leading player in The Bahamas. The firm has taken first place in ACQ magazine’s […]