Category: Press

Minister for Employment Hon. Tara Rivers accepts a donated laptop from Senior Manager at KRyS Global Mr. Christopher Smith. Also pictured (L-R) are Councillor for the Ministry, Mr. Winston Connolly, Director of NWDA Mr. Brian Holland, Training and Development Manager Ms. Dianne Conolly, Deputy Chief Officer Dr. Tasha Ebanks-Garcia and Acting Chief Officer Mr. Christen […]

John Skelton highlighted as a Person to Watch in 2015 John Skelton of KRyS Global was recently featured as one of the ‘People to Watch – 2015’ in leading industry newsletter, Turnarounds and Workouts. John was the only offshore professional advisor included. Editor David Buzzell said “Mr. Skelton was among those chosen for the honor, […]

KRyS Global, an international firm dedicated to corporate asset recovery, insolvency, forensic accounting and business advisory services, is pleased to announce Senior Manager Andrew Seeckts has been approved as a Licensed Insolvency Practitioner (IP) by the British Virgin Islands Financial Services Commission. Originally from Australia, Andrew is a chartered accountant with over six years of […]

BVI Beacon: At some point on Sunday night, the website of FirstCaribbean International Bank began offering cheap Viagra to its customers. No, sales of erectile dysfunction pills did not suddenly replace banking as the company’s business model. The bank’s website appeared to be hacked. According to the bank, neither its website nor client accounts were […]

Law360, New York (March 04, 2015, 6:06 PM ET) — A New York federal judge on Tuesday again certified a class of investors accusing PriceWaterhouseCoopers LLP and Citco Group Ltd. of misleading them about the quality of feeder funds involved in Bernie Madoff’s Ponzi scheme after the Second Circuit vacated his previous decision in 2014. […]

By Andrew Scurria Law360, New York (February 20, 2015, 4:24 PM ET) — The liquidator probing an alleged $355 million insider fraud at a defunct Chinese medical technology company slammed a decision letting Paul Weiss Rifkind Wharton & Garrison LLP and AlixPartners LLP invoke attorney-client privilege to hold back the results of an internal investigation […]

Merger Market by Maryna Irkliyenko in London and Katka Krosnar in Prague Danube Foods Group (DFG), the Serbian food conglomerate, is being acquired by Mid Europa Partners, two sources said. The deal is due to be announced early tomorrow (3 February), the first source said. An announcement had been planned at the end of this […]

Law360, New York (January 21, 2015, 10:22 PM ET) — The Second Circuit on Wednesday gave the trustee of a former Refco client another opportunity to reopen the bankruptcy of hedge fund manager PlusFunds Inc., which entered Chapter 11 soon after Refco collapsed in 2005 amid an accounting scandal, saying the bankruptcy court must give […]

By Andrew Scurria Law360, New York (January 13, 2015, 6:03 PM ET) — The full Second Circuit on Tuesday stood behind a landmark panel decision that jeopardized a hedge fund’s purchase of a $230 million claim against the Bernard Madoff bankruptcy estate and enhanced Chapter 15 courts’ ability to unwind foreign transactions. Without comment, the […]

REUTERS Monday, December 8, 2014, 11:58 AM NEW YORK – Victims of Bernard Madoff’s fraud may recover less money than they had hoped after a federal appeals court limited the ability of the trustee liquidating the swindler’s firm to recoup “fictitious profits” and other transfers from other customers. The 2nd U.S. Circuit Court of Appeals […]