Author: Marketing

Published in The Royal Gazette, January 30,2016 The Bermuda Triple Challenge is back, with international pros taking part and a new division for America’s Cup teams to compete. The obstacle race, which raised more than $55,000 for charity last year, has grown by leaps and bounds: participation is up by 30 per cent year over […]

Join KRyS Global speakers, Kenneth Krys, Lee Coles, Bryan Perkinson, John Skelton & Kevin Haywood Crouch as they share insights in to work undertaken recently in relation to Russian Oligarchs and disputes over vast assets acquired overseas. For more details and to register for this event click here.  

Published on ABI Fraud Website Introduction “Let there be an end, a privacy, an obscure nook for me. I want to be forgotten even by God.”[1] This Browning verse would serve as an apt credo for many fraudsters looking to exit the game. The problem is that today the exit always seems to include an […]

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 […]

Published in Law360, October 15, 2015 By Kurt Orzeck A New York federal bankruptcy judge has granted a request by the liquidator for an offshore Bernard L. Madoff feeder fund to undo its allegedly imprudent sale of a $230 million claim against the Ponzi schemer’s defunct firm to a hedge fund. U.S. Bankruptcy Judge Stuart […]

Cayman27  October 15, 2015 One local firm takes credit for brokering a settlement in the largest ever Ponzi scheme in history. Some 6 years after Bernie Madoff’s multi billion dollar fraud went belly up, local firm KRyS Global says it’s making progress in recovering a fraction of what was stolen around the world. Click here […]

October 15, 2015 Kenneth Krys and Charlotte Caulfield of KRyS Global, the British Virgin Islands Joint Liquidators of Fairfield Sentry Limited, secured a significant decision yesterday (October 13, 2015) when US Bankruptcy Judge, Stuart M. Bernstein handed down his decision granting their motion to disapprove the sale of their $230 million allowed SIPA claim in […]

Published in the Bloomberg Business, October 12, 2015 By Dawn McCarty and John Lippert Baha Mar, the $3.5 billion Bahamas resort at the center of a bitter commercial dispute, will open early next year if Prime Minister Perry Christie has anything to say about it. An agreement could save the resort from liquidation, as a […]

Published in World Commerce Review – September 2015 By Anna Chan, Membership Director – ISACA Bermuda As a jurisdiction, Bermuda was an early adopter of e-commerce and electronic transactions legislation. To the many leading international organisations present on its shores, Bermuda provides a sophisticated technology infrastructure that includes several fibre optic cables connecting the Island to […]

Published in International Corporate Rescue Magazine 2015: Samantha Wood, Manager, KRyS Global, Cayman Islands Since the 2008 global financial crisis, some directors and managers of financial services companies, hedge funds and investment vehicles, have struggled to address the fall-out from the recession, and may still be facing financial uncertainties. Traditional solutions, such as voluntary and compulsory liquidations, have historically been […]