OWNERS OF UK RESIDENTIAL PROPERTY? TAX CHANGES AROUND THE CORNER MAY IMPACT YOU!

If you or your clients have UK residential property, you are probably aware that those properties held in offshore vehicles will be subject to tax changes which take effect from April 2017. Inheritance tax will be introduced to all offshore companies that own UK residential property, including tenanted property. Recently the Annual Tax on Enveloped […]

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Madoff Trustee’s Subsequent Transferee Claims against Fairfield Investors Dismissed

Originally posted on Reuters By Jonathan Stempel | NEW YORK A federal bankruptcy judge on Tuesday dismissed lawsuits by the trustee liquidating Bernard Madoff’s firm to recoup funds from Koch Industries Inc, the company controlled by billionaire brothers Charles and David Koch, and dozens of other defendants. U.S. Bankruptcy Judge Stuart Bernstein in Manhattan said […]

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650,000 EMAILS IN EIGHT DAYS?

One party is calling foul, the other is relieved, but it’s not only Hillary Clinton’s opponents who were asking how the FBI could have so quickly concluded, in eight days, that the further 650,000 uncovered emails do not alter the findings of its earlier investigation into the use of a private email server whilst Mrs […]

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KRYS GLOBAL TO SPEAK AT INSOL ONE DAY SEMINAR

Founder and Executive Chairman of KRyS Global, Kenneth Krys, will sit on a panel at the INSOL International British Virgin Islands One Day Seminar, hosted by INSOL International in association with the Restructuring and Insolvency Specialists Association (BVI) Ltd. The seminar will cover various hot topics on liquidation and other related fields, and will be held on 17th […]

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KRYS GLOBAL INVITED TO JOIN ABI CROSS-BORDER INSOLVENCY PANEL

Michael Schulz, Director at KRyS Global Bermuda, will be speaking on a panel at the 2016 ‘Cross-Border Insolvency Program’, hosted by the International Committee of the American Bankruptcy Institute, taking place in midtown Manhattan, on 14th November. The program will feature a discussion on today’s most relevant cross-border cases and topics. Michael and the other […]

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KRyS Global Halloween races on Sunday

Published in the Cayman Compass The KRyS Global 30K, Halloween 10-10-10 Relay and the Fun 5K all take place in East End, Grand Cayman, on Sunday, Oct. 30, starting and finishing at Morritt’s Tortuga Resort. Many participants dress up, and there is a prize for the best costume. The 30K race is used by many […]

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MVP Fund Range PCC Limited

Initially appointed as Administrators by the Royal Court of Guernsey after an application by the Commission for Compulsory Liquidation was vigorously defended by the Directors Issue: Purpose of the Administration Order was to “achieve a more advantageous realisation of the Fund’s asset than would be effected in a winding up” With assistance from the directors, […]

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50 people lose jobs after MEPCO closes doors

Published in the Cayman Compass Contractor MEPCO shut down its operations this week and approximately 50 employees at the company lost their jobs, according to the liquidators who took over the business on Tuesday. At the time, MEPCO representatives said the company would keep its four other ongoing contracts with DECCO. Responding by email, MEPCO […]

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KRyS Global 30K takes to the road on October 30th

 Cayman’s running community takes to the road again this month with a range of racing options to suit every runner.  The KRyS Global 30K, Halloween 10 10 10 relay and the Fun 5K all take place in East End, Grand Cayman on Sunday October 30th.  This is the sixth consecutive year for this suite of races, starting and finishing at […]

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Are cyber breaches a fact of life now?

By Kevin Haywood Crouch and Jacqui Sanaghan. Ask yourself, are cyber breaches a fact of life now?  Yahoo, the Bahamas corporate registry, Mossack Fonseca, World Anti-Doping Agency (WADA), the list is growing, and the profile of these hacks and leaks is no longer the traditional mining of personal or financial information to be sold to […]

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