HSBC Unit Can’t Duck $124M Fairfield Suit In New York

Originally posted on Law360 By Alex WittenbergLaw360 (January 5, 2024, 5:22 PM EST) — A Swiss subsidiary of HSBC Holdings PLC must face a more than $124 million clawback lawsuit in New York brought by the liquidators of funds that channeled money to Bernie Madoff’s fraudulent investment firm, a bankruptcy judge ruled this week, rejecting […]

read more

Tycoon Is Beneficial Owner Of Property, Liquidators Say

Originally posted on Law360 Law360, London (November 6, 2023, 5:48 PM GMT) — Liquidators attempting to enforce a €74.6 million ($80 million) award against a tycoon have alleged that he, rather than his wife, is the beneficial owner of a London mansion, arguing that he made unchallenged representations in court claiming that he was. Greig […]

read more

KRyS Supports INSOL One Day Bermuda Seminar

KRyS Global are pleased to welcome delegates to the INSOL One Day Conference in Bermuda on 1st June 2023. The firm is proud to be the Coffee Sponsor on the day. Some of the seminars to look forward to include “Segregated Account Companies – Cutting through the complexity”, “Views from the Bench”, and “Shifting East […]

read more

KRyS Global Is Knowledge Partner For FIRE Vilamoura

Following the success from this year’s FIRE Americas: Cayman symposium on 12 to 14 March 2023, Krys Global is excited to again announce it is a knowledge partner for FIRE International in Vilamoura. The programme is the flagship asset recovery event the fraud and insolvency practitioner’s calendar. The conference takes place on 17th – 19th […]

read more

KRyS Global’s Executive Chairman is Keynote Speaker at 28th Annual IBA Global Insolvency and Restructuring Conference

Kenneth Krys, Founder and Executive Chairman of KRyS Global is keynote speaker at the 28th Annual IBA Global Insolvency and Restructuring Conference – Restructuring vs Insolvency. The Conference takes place 21-23 May 2023 in Madrid Spain. The Conference looks to cover several current hot topics, including third party releases, enforcement of out of court restructuring […]

read more

KRyS Global Proud To Be Knowledge Partner for FIRE Americas

KRyS Global are excited to announce that it is a knowledge partner for this year’s FIRE Americas: Cayman symposium on 12 to 14 March 2023. The programme will bring together world-class professionals to discuss the latest developments in the US, Brazil, Panama, Columbia, Canada, Guatemala, Cayman, Argentina and more. Details on the symposium can be […]

read more

THE JUDICIAL IMPACT OF THE COVID-19 PANDEMIC ON BRITISH OVERSEAS TERRITORIES

Originally posted on Corporate Live WireWritten by Mark Longbottom The COVID-19 pandemic has resulted in a reduced demand for products and services, disruption in the supply of inputs and a tightening in the provision of credit. This, in turn, has significantly impacted the bankruptcy, restructuring and insolvency industry and this has been and continues to […]

read more

Important Judgement From UK Court for Liquidators Seeking Assistance From BVI Company Directors

In a judgment issued by Mrs. Justice Joanna Smith DBE in the High Court of Justice Business and Property Court of England and Wales, Insolvency and Companies List in the matter of the Joint Liquidators of MBI International & Partners Inc (in liquidation) (the “Company”) (the “Liquidators”) v. Sheikh Mohamed Bin Issa Al Jaber (the […]

read more

Off The Beaten Track Comes Around Again in 2023!

It’s a challenge unlike any other in Cayman! Off the Beaten Track, a one of a kind ultramarathon, is back and now in its 14th year! Do the solo run of 50 kilometers, or enter a team of 6 and run about 8 kilometers each. This epic run takes place March 5th, starting at 6am. […]

read more

Mark Longbottom Joins KRyS Global

KRyS Global is delighted to announce the joining of Mark Longbottom to their Cayman office in the position as Partner. As many of you will be aware, Mark has over 25 years experience and more recently has been in the Cayman Islands for the last 15 years working on several high profile and complex global […]

read more