KRyS Global is pleased to join many of its colleagues onshore and offshore to raise its concerns with the National Bankruptcy Conference's proposal to amend Chapter 15 to provide that a debtor's center of main interests

This represents the first edition of CDR's Essential Intelligence – Fraud, Asset Tracing & Recovery. Angela reflects on the position in the Cayman Islands, while Mat shares the situation in Bermuda.

The Fraud & White Collar Crime Roundtable 2018 addresses the latest trends and interesting developments in several key jurisdictions.

The interview starts at about 10 minutes 14 seconds in the sound file.

Kenneth Krys and Charlotte Caulfield secured a further victory in their long-running litigation with US hedge-fund Farnum Place LLC before the US Second Circuit of Appeals.

The panel will discuss the implications of recent US Bankruptcy Court decisions on offshore asset recovery.

Fairfield Sentry Limited is one of the first of the larger offshore feeder funds (that we are aware of) to pay distributions to its shareholders.

As many offshore professionals will be aware, Segregated Portfolio Companies originated in Guernsey (Channel Islands) and Delaware (USA), but two jurisdictions in particular, Bermuda and the Cayman Islands, ...

On 20 May 2019, the Privy Council issued a decision on the subject of the appeal to the Board against the Eastern Caribbean Court of Appeal's upholding of the BVI High Court's refusal...

One of the structures often encountered by insolvency practitioners who reside and practice in jurisdictions outside of the United States, and those who act for them, are hedge funds.

The U.S. Bankruptcy Court for the S.D.N.Y. provided further clarity in the Fairfield Sentry litigation on whether foreign constructive trust claims are avoidance claims in assessing the applicability of Sections 546(e) and 561(d).

In October 2016, the Liquidators sought leave to amend their complaints filed in the U.S. Redeemer Actions.

Clawback claims in excess of $6 billion of overpaid redemptions have been brought by the Fairfield Sentry liquidators in about 300 United States Bankruptcy Court claims pending before Judge Bernstein...

In a recent application for an increase in liquidators' fees in accordance with Practice Direction 3 of 2015...

An order issued by the U.S. Supreme Court this morning denied Farnum Place, LLC's petition for certiorari.

The U.S. Bankruptcy Court for the S.D.N.Y. provided clarity in the Fairfield Sentry litigation on the implication of Sections 546(e) and 561(d), U.S. bankruptcy safe harbor laws,...

If fraud or misconduct is discovered, it can have debilitating effects on a company; on its profits, consumer confidence, increased costs including legal costs, and in severe cases its reputation and the cutting of its workforce.

A British Virgin Islands court has sanctioned a liquidator's application for a blended fee remuneration, including a percentage of revenue from assets sold...

The Ordinance aims to enhance and streamline the insolvency process for stakeholders in Guernsey.

Senior associate David Jones recently collaborated with Andrea Harris, senior manager of KRyS Global, to produce a paper for INSOL's Small Practice Technical Papers Series.