Timothy Le Cornu - Global Referral - Financial Consultant Timothy Le Cornu - Global Referral - Financial Consultant

Biography

Tim Le Cornu is the Managing Director of KRyS Global’s Guernsey Office. He has in excess of thirty years’ experience in insolvency administrations, corporate restructuring and financial consulting to companies in financial distress. Previously, he was a Director in the Cayman Islands office of KRyS Global specializing in formal insolvency administrations, asset tracing and fraud investigations.

He is an Insolvency Practitioner and has acted as Joint Official Liquidator and Receiver of a number of Guernsey, Cayman and BVI entities. His experience spans not only to the Caribbean, but also Asia and Australia.

Mr. Le Cornu has a Bachelor of Business (Accounting) and is a member of the Institute of Chartered Accountants Australia and New Zealand, the Guernsey Society of Chartered and Certified Accountants, is a Graduate of the Australian Institute of Company Directors, is a Fellow of INSOL International, is the President of the Association of Restructuring and Insolvency Experts (Channel Islands) and sits on the Board of Directors of INSOL International.

Firm Description

Founded in 2007 in the Cayman Islands, KRyS Global is an international asset recovery firm with an expertise in offshore focused fraud investigations, cross-border insolvency and restructurings, and litigation support. The firm has grown to over 30 outstanding professionals working from seven offices worldwide, predominantly situated in offshore financial centres, KRyS Global has built an enviable reputation for timely, proactive and innovative solutions, particularly in situations of uncertainty, leveraging the knowledge and experience of our professionals and incorporating practical common sense in ensuring positive outcomes for our clients.

All of our service lines have an ultimate focus on achieving positive outcomes and recoveries for our clients and stakeholders: whilst many of our professionals hold accountancy qualifications we do not offer audit or tax advisory services. We prefer to avoid conflicts of interests and we value the independence and free-thinking that empowers.

Although many of our professionals are experienced in dealing with contentious and non-contentious insolvencies and restructurings, we are not a traditional firm of “insolvency practitioners”. Our cases often require that we utilize our full suite capabilities and skills to make recoveries for stakeholders.

We also invest heavily in ensuring that our people have in-house access to the most cutting edge digital forensic and e-discovery tools. Coupled with the local fraud investigation expertise and knowledge, our clients can rely upon being best placed to get a favourable result.

Our competitors tend to be the international accounting firms: some managed from their onshore headquarters with little awareness of local knowledge. These behemoths simply cannot offer the nimble, hands on approach which we can to our client’s problems. We live, work and operate within the offshore world: this is what we do.

And, in all that we do, we are relentless in continuously striving to be innovators within our field. We are a unique firm offering sophisticated but practical solutions to complex issues. Our approach and the successful outcomes our clients enjoy are unrivalled.

Member Details

Jurisdictions

flagBermuda ,

flagBritish Virgin Islands ,

flagCayman Islands ,

flagGuernsey ,

flagNew York ,

flagJersey

Exclusive Member

Asset Tracing , Fraud Investigation

Member Groups

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