NEWS & EVENTS

For media inquiries, please contact Lawrence Yumkas at 443.569.0758 or lyumkas@acglimited.com.

ACG in the News…

The End of a Captive’s Lifecycle

Printed in U.S. Captive (May 2008) and Bermuda Captive (June 2008).

How do you handle your captive when it reaches the end of its lifecycle? Larry Yumkas, Sean Logan and Lawrence Dixon explain the options.

Alternative market vehicles have been around long enough now that we can all identify and appreciate their benefits. For instance, we know that by forming a captive, risk retention group or risk purchasing group (collectively known as ‘captives’), the owner and/or insured can: reduce its costs of insurance; help control cash flow; focus on risk management; help to stabilise pricing; gain access to reinsurance markets; provide coverages that are otherwise unavailable in the traditional insurance marketplace; help control the claims management process; provide an ability to control the investment options; and enjoy any number of other industry or captive-specific benefits as well. (full article)

Insolvency’s Lighter Side

By Basia Pioro, Caymanian Compass

In the world of business, it’s the winners who matter. But for every successful company out there, there’s one that was not so lucky and that’s where the insolvency pros come in. No matter if a company fails through legitimate or more nefarious means, it’s the job of the insolvency experts to dissolve the organization and tidy up loose ends.

“Basically, our job is to get the investors’ money back, and that can prove to be a rather exciting undertaking especially if the company executives don’t want to part with it,” said Tate Russack, director at ACG Limited. (full article)

ACG Press…

05.01.07 Insolvency Expert Larry Yumkas Joins Annapolis Consulting Group

ANNAPOLIS, Md. – ACG Ltd. has named veteran bankruptcy attorney Larry Yumkas, as its chief operating officer. Yumkas joins ACG from Rosenberg | Martin | Greenberg, a premier Baltimore mid-size full service business law firm, where he headed the bankruptcy, workouts, and creditors’ rights practice. In over 18 years in private practice representing debtors, lenders, creditors, bankruptcy trustees, receivers and investors in distressed companies, Yumkas has become recognized as an expert in efficiently and creatively resolving complex commercial and insolvency-related disputes. Yumkas is active in the insolvency community and serves currently as President of the Bankruptcy Bar Association for the District of Maryland. (full article)

03.22.07 International Financial Community to Gather at ACG-Hosted Insolvency Event

Grand Cayman Island (March 22, 2007) – ACG Limited will be the host of an informal reception to take an informative and entertaining look into international insolvency. The cocktail reception and discussion will explore issues that are influencing the banking, private equity, and insolvency industries, including Chapter 15 actions and the lessons learned from recent hedge fund crashes. The event will be held this evening in the lobby of the Grand Cayman Marriot at 4pm, and is hosted by ACG Limited, an insolvency consulting and asset recovery firm. (full article)



	HOME FIRM CAPTIVE RISK TRANSFERS CONSULTING EXPERTISE INDUSTRY FOCUS RESOURCES CAREERS NEWS & EVENTS CONTACT SITE MAP 443.569.0788 Annapolis, Maryland Offices and Affiliations in: United States and Bermuda	NEWS & EVENTS For media inquiries, please contact Lawrence Yumkas at 443.569.0758 or lyumkas@acglimited.com. ACG in the News… The End of a Captive’s Lifecycle Printed in U.S. Captive (May 2008) and Bermuda Captive (June 2008). How do you handle your captive when it reaches the end of its lifecycle? Larry Yumkas, Sean Logan and Lawrence Dixon explain the options. Alternative market vehicles have been around long enough now that we can all identify and appreciate their benefits. For instance, we know that by forming a captive, risk retention group or risk purchasing group (collectively known as ‘captives’), the owner and/or insured can: reduce its costs of insurance; help control cash flow; focus on risk management; help to stabilise pricing; gain access to reinsurance markets; provide coverages that are otherwise unavailable in the traditional insurance marketplace; help control the claims management process; provide an ability to control the investment options; and enjoy any number of other industry or captive-specific benefits as well. (full article) Insolvency’s Lighter Side By Basia Pioro, Caymanian Compass In the world of business, it’s the winners who matter. But for every successful company out there, there’s one that was not so lucky and that’s where the insolvency pros come in. No matter if a company fails through legitimate or more nefarious means, it’s the job of the insolvency experts to dissolve the organization and tidy up loose ends. “Basically, our job is to get the investors’ money back, and that can prove to be a rather exciting undertaking especially if the company executives don’t want to part with it,” said Tate Russack, director at ACG Limited. (full article) ACG Press… 05.01.07 Insolvency Expert Larry Yumkas Joins Annapolis Consulting Group ANNAPOLIS, Md. – ACG Ltd. has named veteran bankruptcy attorney Larry Yumkas, as its chief operating officer. Yumkas joins ACG from Rosenberg \| Martin \| Greenberg, a premier Baltimore mid-size full service business law firm, where he headed the bankruptcy, workouts, and creditors’ rights practice. In over 18 years in private practice representing debtors, lenders, creditors, bankruptcy trustees, receivers and investors in distressed companies, Yumkas has become recognized as an expert in efficiently and creatively resolving complex commercial and insolvency-related disputes. Yumkas is active in the insolvency community and serves currently as President of the Bankruptcy Bar Association for the District of Maryland. (full article) 03.22.07 International Financial Community to Gather at ACG-Hosted Insolvency Event Grand Cayman Island (March 22, 2007) – ACG Limited will be the host of an informal reception to take an informative and entertaining look into international insolvency. The cocktail reception and discussion will explore issues that are influencing the banking, private equity, and insolvency industries, including Chapter 15 actions and the lessons learned from recent hedge fund crashes. The event will be held this evening in the lobby of the Grand Cayman Marriot at 4pm, and is hosted by ACG Limited, an insolvency consulting and asset recovery firm. (full article) Back to Top