Category: Press

INSOL International is pleased to announce the sixth graduating class of the Global Insolvency Practice Course. The successful participants, including Andrea Harris, KRyS Global, are now formally recognised as a Fellows, INSOL International. The Global Insolvency Practice Course is the pre-eminent advanced educational qualification focusing on international insolvency. With the fast growing number of cross-border insolvency […]

Attracting the right talent to your business can be challenging particularly if you don’t have information about the latest salary and benefits trends in your industry sector. Look no further. The 2016 Chamber of Commerce Salary and Benefits Survey is now available. The survey, conducted by Krys Global, includes information reported by 138 businesses. “This […]

Published in Law360, (January 21, 2016)  By Jeff Montgomory Mattel Inc. has added bankrupt children’s tablet-maker Fuhu Inc. to its toybox, submitting a $21.5 million bid for the company in a stalking horse auction in Delaware and beating a private equity fund led by pro golfer Greg Norman, according to Thursday court filings. The Mattel […]

Published in www.reuters.com PricewaterhouseCoopers agreed to pay $55 million to settle claims it failed to audit properly the books of Fairfield Greenwich Group, the biggest operator of “feeder funds” for now-imprisoned swindler Bernard Madoff, court papers showed. The all-cash settlement with Fairfield Greenwich investors was disclosed on Wednesday night in filings with the Manhattan federal […]

Jones Day win M&A Team of the Year at the British Legal Awards for their representation of KRyS Global as liquidators of a significant BVI Private Equity Fund with assets throughout The Ukraine, Georgia and the Balkans. Published in www.legalweek.com, 08 December, 2015 The Jones Day team impressed the judges in M&A Team of the […]

Fuhu, Inc., the creator of the award-winning nabi® tablet and the foremost innovator in technology solutions for families, announced today that it has agreed upon the principal terms of an asset acquisition by Mattel, Inc. In order to proceed with a sale, Fuhu commenced voluntary proceedings under Chapter 11 in the U.S. Bankruptcy Court in […]

Published in The Cayman Reporter November 17, 2015 KRyS Global, an international fraud investigation and dispute resolution firm, has announced that earlier in November, it opened its eighth office, the most recent in London. The London office will facilitate and assist current and potential clients in the UK and Europe, and in particular those who […]

Published in the Wall Street Journal November 18, 2015 By Jacqueline Palanka Two judges on Wednesday approved a $1 billion-plus payout to victims of Bernard Madoff’s massive Ponzi scheme, including those who invested with New York money manager J. Ezra Merkin. Those who invested with Mr. Madoff directly will share $1.18 billion. Those who invested with Mr. […]

Published in the Wall Street Journal November 2, 2015 By Stephanie Gleason The Baha Mar resort’s Chinese lender has decided to foreclose on the $3.5 billion resort in the Bahamas and has appointed a receiver to bring the delayed project to completion, roughly six weeks after it was thrown out of bankruptcy protection in the […]

Published in Travelpulse, October 23, 2015 By Brian Major Stalled Bahamas mega-resort Baha Mar laid off 2,000 employees effective Oct. 23 after the country’s Supreme Court granted joint provisional liquidators KRyS Global and AlixPartners approval to release the workers Thursday. The layoffs, made due to the resort’s financial insolvency, affect about 1,440 non-active employees and […]