Author: Marketing

An order issued by the U.S. Supreme Court this morning denied Farnum Place, LLC’s petition for certiorari. Farnum Place had sought review of whether chapter 15 of the Bankruptcy Code requires a U.S. bankruptcy court to independently analyze a foreign debtor’s sale of a U.S. asset, after the U.S. Bankruptcy Court disapproved Fairfield Sentry’s sale […]

Originally from Law360.com By Ryan Boysen Law360, New York (September 14, 2017, 5:35 PM EDT) — A hedge fund is asking the U.S. Supreme Court to review a Second Circuit decision that let a U.S. bankruptcy court void the sale of a $230 million claim despite the earlier approval of a foreign bankruptcy court, saying […]

KRyS Global is delighted to support the National Gallery Cayman Islands on the very special occasion of its 20th year anniversary. The National Gallery is charged with managing, conserving, exhibiting and promoting the National Art Collection of the Cayman Islands, in addition to actively acquiring works of art of national significance. The Firm has been […]

In an effort to provide a potent 1-2 punch for clients, KRyS Global USA has added the services of Peter Lennon as a director level in New York. Peter, who joins James Leda, is a seasoned professional whose career has been devoted to financial regulation, litigation and investigations involving complex financial issues. In addition to being a […]

Issue: Taurus was the parent company to a host of subsidiaries that held a variety of gold mining exploration licenses and permits in West Africa. The original winding-up application was made, after the company experienced a series of cash flow problems and failed to meet its liabilities as they fell due.  KRyS Global was appointed […]

KRyS Global is pleased to announce that James Leda will be replacing Grant Lyon of our US office. Jim is a senior restructuring professional with over 20 years’ experience in the areas of reorganization and addressed distressed situations, with a specific expertise in financial services matters. His former employers include PPM America, Inc. (a subsidiary of Prudential PLC), […]

Kenneth Krys, Executive Chairman and Founder of KRyS Global, along with co-panelist Jonathan Krieger of Grant Thornton Toronto, provided a presentation on third party private remedies at the 2017 OSC Enforcement Conference held in Hockley, Ontario, Canada. The conference, aptly titled Follow the Money, covered such topics as asset recovery: private remedies and cross-border issues, […]

Earlier this month, KRyS Global actively participated in the selection and awarding of the Vice President of Finance award in the Cayman Islands Junior Achievement Company Programme. This is KRyS’ 10th year in the Programme. The Junior Achievement Company Programme encompasses business, entrepreneurship, and economics curriculum for students in grades nine through twelve. Students are encouraged […]

At KRyS Global, we try to recognise the success of our people both in and out of the office. Earlier this month, Andrea Harris of our Guernsey office was named the Guernsey Raiders Club Ambassador of the Year for the 2016/17 season, an incredible achievement given Andrea only picked up rugby three years ago. The accolade concluded […]

Originally posted on Law360 By Ryan Boysen Law360, New York (May 22, 2017, 4:24 PM EDT) — A New York bankruptcy court was right to scrap the sale of a $230 million claim by the liquidator for an offshore Bernard L. Madoff feeder fund to a hedge fund, the Second Circuit affirmed on Monday, saying […]