The European, Middle Eastern and African Restructuring Review 2017 – Guernsey: Overview

Originally posted on Global Restructuring Review. Co-authored by Andrea Harris of KRyS Global and David Jones of Carey Olsen. Overview The laws that govern liquidation and restructuring regimes in Guernsey are encompassed in the Companies (Guernsey) Law 2008, as amended (the Law). Opinions on Reforming Guernsey’s insolvency regime were sought via a public consultation process […]

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Liquidator strikes gold as BVI mining company returns to solvency

Originally posted on Global Restructuring Review Photo taken from iStock.com/bodnarchuk A British Virgin Islands court has sanctioned a liquidator’s application for a blended fee remuneration, including a percentage of revenue from assets sold, after she returned an ailing gold mining company to solvency in “a remarkable success story”. Sitting in the Commercial Division of the […]

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Harris to Speak at III’s Annual Conference in London

Photo originally taken by David D’Amico. In conjunction with KRyS Global’s support as Bronze Sponsor of the International Insolvency Institute’s Annual Conference in London on June 18-20, 2017, Andrea Harris of our Guernsey office, who is an INSOL International Fellow and NextGen member, will be speaking on a panel at the NextGen Programme.  Andrea will be […]

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Clingerman & Krys appointed over Saab Financial, affiliated with FBME

Originally posted on Cyprus Business Mail By Stelios Orphanides A court in Bermuda on Friday ordered the liquidation of Saab Financial (Bermuda) Ltd, a company associated with the owners of the Tanzanian lender FBME Bank Ltd, the brothers Ayoub Farid Saab and Fadi Michel Saab. The court issued the order after Asedor Finance Ltd, a […]

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Speedsters back at Off The Beaten Track

Taken from the Cayman Reporter A group of young local athletes are training for one of Cayman’s most challenging and unique sporting events of the year which happens this weekend. The Solomon Harris Speedsters, will be taking on the eighth annual Off The Beaten Track 50k ultra-marathon and relay route, through tropical bush, sandy beaches […]

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C&J Energy Services Ltd. (“C&J”)

Issue: C&J is one of the largest midstream oil service providers serving the US market. On 27 July 2016 C&J, together with certain affiliates, filed for Chapter 11 protection in the United States seeking to restructure US$1.4 billion in secured debt. At the same time, C&J also sought the protection of the Bermuda and Canadian […]

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THE NINE MOST TERRIFYING WORDS IN THE ENGLISH LANGUAGE

Ronald Reagan once said “The nine most terrifying words in the English language are, ‘I’m from the government and I’m here to help.” Recent information released by WikiLeaks suggests this may need updating. WikiLeaks has disclosed a substantial collection of materials alleged to detail a portfolio of the US Central Intelligence Agency’s (CIA) hacking and […]

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FOREIGN REPRESENTATIVE PROVIDES PERSPECTIVE TO NYU LAW STUDENTS

For the 5th consecutive year, KRyS Global’s Executive Chairman, Kenneth Krys, was guest lecturer at the New York University School of Law, speaking from the perspective of Foreign Representative on the development and application of Chapter 15 of the US Bankruptcy Code and central to its determination, the location of foreign entity’s center of main […]

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Off The Beaten Track takes path less traveled

From the Caymanian Compass It’s time to lace up those running shoes and enjoy Cayman from a whole new perspective as Off The Beaten Track 2017 looms large on the horizon. For those still working on their New Year’s resolutions, or looking for a little motivation to restart them, Off The Beaten Track offers the […]

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Sculptures planned for roundabout renovation

Originally posted in the Caymanian Compass Caymanian artist Al Ebanks has been commissioned to create two sculptures from his series “Together We Stand” to be featured in the Esterley Tibbetts roundabout near Governors Square and Lime Tree Bay Avenue. Mr. Ebanks is an award-winning artist and one of the founding members of Caymanian art group […]

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