June 29, 2016

Search Results for: ann

Peter Binose: Sorry Eustace you cannot have the PetroCaribe or PDV S.A. accounts because you have not sworn allegiance to the Chavez revolution

Pin It

petrocaribe1By Peter Binose

PetroCaribe is part of PDV Caribe which is wholly owned by Petróleos de Venezuela S.A.   PDV S.A. Most of us thought it was the other way around. PDV SVG Ltd is a 55% owned subsidiary of PDV S.A. 45% being owned by the government of Saint Vincent and the Grenadines. Which according to the Prime Minister means we have no right to view the inner workings of PDV SVG Ltd. Not being a lawyer with the experience of company law we will have to get better advice on that. But I suppose being a Vincentian registered company and as a major minority shareholder we do have some rights to see the accounts each year as presented to the SVG Companies Registration department.

In July 2006, credit ratings agency Moody’s Investor Service said it was removing its standalone ratings on PDVSA because the oil company does not provide adequate operational and financial information. PDVSA had still not filed its 2004 financial results with the US Securities and Exchange Commission that were due in June 2005. They do not allow governments to see their inner workings, they hide their accounts. Just like PDV SVG Ltd do exactly the same thing. But Moody’s would stand none of that so they abandoned their ratings which further damaged the corporation. So perhaps that is an insight to what PDV are doing in SVG.

The real problem really stems from the fact that Venezuela’s PDV S.A. is a politically run and a politically owned corporation. No one can work for them unless they have sworn an allegiance to the Chavez revolution, and that is a fact.

In 2006, Rafael Ramírez, the energy minister, gave PDVSA workers a choice: Support President Hugo Chávez, or lose their jobs. The minister also said: “PDVSA is red [the color identified with Chávez’s political party], red from top to bottom”. Chávez defended Ramírez, saying that public workers should back the “revolution”. He added that “PDVSA’s workers are with this revolution, and those who aren’t should go somewhere else. Go to Miami”.


It would appear it also applies to the subsidiaries and those that run them so we need to know if the person holding our shares in PDSA SVG Ltd Ralph Gonsalves has taken the Chavez pledge and also if the directors took the pledge. I believe the Directors are or were at some time Sir Vincent Beache, Godfrey Pompey, and Nathaniel Williams.

Now you see Mr Eustace as a definite non pledged Chavez revolution person you can go boil your head before they will show you the accounts. Now that may upset you Mr Eustace but as a non-Marxist you do not qualify even to pledge to the Chavez revolution.

Now one thing for sure if this turns out to be unconstitutional then the contract may be compared to the 2004 Teachers agreement which was also unconstitutional and therefore unenforceable. Maybe this is another masterstroke, lies and the sleight of hand and the deception is at play.

Being a Marxist organization and corporation PDV S.A. must already understand that Marxist’s are prone to tell written and verbal lies to achieve their goals, so they may well expect to eventually get well and truly shafted in SVG.

Even recently the PDVSA continued to hire only supporters of the president and the revolution, and PDVSA revenue is used to fund political projects.


By the way I am the only non Marxist and non Chavez revolution pledged person who has copy’s of PDV accounts and also PetroCaribe accounts. That I am sure will be annoying to those Vincentians who have pledged to the Chavez revolution, but there is more than one way of skinning a cat!

Coming soon the SVG papers, following on from Wikileaks and the Panama papers.

The rush through in a single day three reading and passing of the Bill last week in parliament on June 24 2016 of ‘PetroCaribe Special Fund Bill’ which in my view is an attempt to hide the past actions of PetroCaribe SVG and PDV SVG Ltd. Fortunately for the readers most of that will be published by me next week.

A whole lot of items are to be exposed during the coming weeks and I am telling the regimes that so that if they think rushing through the Cyber Crime bill will help them to stop this happening, it will most certainly not. It’s already collated and ready to roll.

Peter Binose supporting SVG whistle blowers.


DISCLAIMER: The opinion, belief and viewpoint expressed by the author do not necessarily reflect the opinion, belief and viewpoint of iNews Cayman/ieyenews.com or official policies of iNews Cayman/ieyenews.com.

IMAGE: PetroCaribe


Cayman Islands gives planning approval to Ironwood Development

Pin It

Slave-Wall-with-Jerry-FrazierIronwood, the Arnold Palmer golf community in the Eastern Districts, has received permission from the Department of Planning to begin construction.

In working with the National Trust to be as environmentally conscious as possible, Ironwood developers have agreed to delay construction works until October so as to avoid blue iguana nesting season.

The approval covers the first phase of construction, which includes the land excavation and preparation for the 18-hole championship course, the 9-hole executive course and the interconnected lake system. Submissions for the buildings and infrastructure are in the last stages of development and are expected to be made before summer’s end.

Ironwood developer David Moffitt was pleased with the approval announcement: “we have been working diligently with the community, the National Trust, Government, and first rate local and international companies over the last several years to get this project off the ground and are delighted that the real work is about to begin. We are on the road to making the Ironwood dream a reality”, he said.

In the application to the Central Planning Board, Mr. Moffitt detailed the many steps that they have taken already to be good neighbours and good stewards of the environment, including: redesigning the golf course and the residential communities to accommodate requests from the National Trust to provide a buffer between Ironwood and The Botanic Park; delaying the site works to avoid the active nesting season and to provide an opportunity to find and relocate any blue iguanas and orchids; relocating the golf course to avoid the water lens; developing plans for an on-site sewage treatment plant that will enable treated water to be reused on the golf course; acting as a mediator between the NRA and the National Trust to come to a satisfactory rerouting of the East-West Arterial to avoid the sensitive Mastic Trail; and working with Arnold Palmer to design the course with the intention of seeking the Audubon Society rating, one of the highest distinctions of environmental sustainability available for golf courses.

A historic slave wall has also been found on the site and the developers are working with Mr. Jerry Frazier (pictured) of the National Trust’s Historic Programme to save it.

Ming Yang announces completion of going private transaction

Pin It

wind-turbine_1_largeJun 22, 2016, 16:30 ET from China Ming Yang Wind Power Group Limited

ZHONGSHAN, China, June 22, 2016 /PRNewswire/ — China Ming Yang Wind Power Group Limited (NYSE: MY) (“Ming Yang” or the “Company”), a leading wind energy solution provider in China, today announced the completion of its merger (the “Merger”) with Regal Ally Limited (“Merger Sub”), a wholly-owned subsidiary of Regal Concord Limited (“Parent”), pursuant to the agreement and plan of merger (the “Merger Agreement”) dated February 2, 2016 by and among Parent, Merger Sub, Zhongshan Ruisheng Antai Investment Co., Ltd (“Holdco”) and the Company. As a result of the Merger, the Company ceased to be a publicly-traded company and became a wholly-owned subsidiary of Parent.

Under the terms of the Merger Agreement, which was approved by the Company’s shareholders at an extraordinary general meeting held on June 6, 2016, each of the Company’s ordinary shares, par value US$0.001 per share (each a “Share”) (including Shares represented by ADSs) issued and outstanding immediately prior to the effective time of the Merger (the “Effective Time”), other than (a) the Shares beneficially owned by the rollover shareholders, (b) Shares owned by shareholders who have validly exercised and have not effectively withdrawn or lost their dissenters’ rights under the Companies Law (2013 Revision) of the Cayman Islands (the “Cayman Islands Companies Law”) (the “Dissenting Shares”), (c) Shares owned by any of the Company and its subsidiaries (if any) and (d) Shares (including Shares held by the Citibank, N.A. (“ADS Depositary”) in respect of ADSs) reserved (but not yet allocated) by the Company, immediately prior to the Effective Time, for issuance and allocation upon exercise or settlement of each outstanding option award issued by the Company pursuant to the Company’s 2010 Equity Incentive Plan (as amended on September 1, 2013) that entitles the holder thereof to purchase one Share upon the vesting of such award (Shares described under (a) through (d) above are collectively referred to herein as the “Excluded Shares”), was cancelled and ceased to exist in exchange for the right to receive US$2.51 in cash per Share without interest and net of any applicable withholding taxes. Each ADS issued and outstanding immediately prior to the Effective Time (other than ADSs representing the Excluded Shares) was cancelled in exchange for the right to receive US$2.51 in cash per ADS (less an ADS cancellation fee of US$0.05 per ADS) without interest and net of any applicable withholding taxes. The Dissenting Shares issued and outstanding immediately prior to the Effective Time were cancelled and the former holders thereof are entitled to receive the fair value of such Dissenting Shares as determined in accordance with the Cayman Islands Companies Law.

Shareholders of record as of the Effective Time who are entitled to the merger consideration will receive a letter of transmittal and instructions on how to surrender their share certificates in exchange for the merger consideration (net of any applicable withholding taxes). Shareholders should wait to receive the letter of transmittal before surrendering their share certificates. ADS holders of record as of the Effective Time who are entitled to the merger consideration will automatically receive from the ADS Depositary, US$2.51 per each ADS held by them (less an ADS cancellation fee of US$0.05 per ADS) in cash, without interest and net of any applicable withholding taxes, in exchange for the surrender and cancellation of such ADSs.

The Company also announced today that it requested that trading of its ADSs on the New York Stock Exchange (“NYSE”) be suspended. The Company requested NYSE to file a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) notifying the SEC of the delisting of its ADSs on the NYSE and the deregistration of the Company’s registered securities. The deregistration will become effective 90 days after the filing of the Form 25 or such shorter period as may be determined by the SEC. The Company intends to suspend its reporting obligations under the Securities Exchange Act of 1934, as amended, by filing a Form 15 with the SEC. The Company’s obligation to file with the SEC certain reports and forms, including Form 20-F and Form 6-K, will be suspended immediately as of the filing date of the Form 15 and will terminate once the deregistration becomes effective.

In connection with the Merger, Duff & Phelps, LLC and Duff & Phelps Securities, LLC (together, “Duff & Phelps”) are serving as financial advisors to the special committee of the board of directors of the Company (the “Special Committee”). Skadden, Arps, Slate, Meagher & Flom LLP is serving as the U.S. legal advisor to the Special Committee, Fenwick & West LLP is serving as U.S. legal advisor to the Company and Maples and Calder is serving as Cayman Islands legal advisor to the Company and the Special Committee.

Simpson Thacher & Bartlett is serving as U.S. legal advisor to Holdco, Parent, Merger Sub, Mr. Chuanwei Zhang, chairman and chief executive officer of the Company, First Windy Investment Corp., Ms. Ling Wu, Rich Wind Energy Three Corp., Mr. Jinfa Wang, Mr. Jianren Wen, Mr. Yunshan Jin, Mr. Jiawan Cheng, Mr. Zhongmin Shen, Yuan Li, Eapard Investment Management Co., Ltd., Cai Stephanie Ye, SCGC Capital Holding Company Limited, Ironmont Investment Co., Ltd., Guomin Chen, Xueliang Ma, Yanhua Li, Renjing Cao and Longquan Yan, Shanghai Dajun Guancheng Capital Fund, Shanghai Dajun Asset Management Fund, Zhejiang Dajun Asset Management Company Limited, Dajun Shengshi Selection Investment Fund, Guangzhou HYAF Fund Management Ltd. Company, Guangzhou Huifu Kaile Investment (L.P.), Guangzhou Huiyin Bosen Investment (L.P.) and Anhui Zhongan Xinzhao Private Equity Investment LLP (collectively, the “Buyer Group”). King & Wood Mallesons and Travers Thorp Alberga are serving as PRC and Cayman Islands legal advisors to the Buyer Group.

About China Ming Yang Wind Power Group Limited

China Ming Yang Wind Power Group Limited (NYSE: MY) is a leading wind energy solution provider in China, focusing on designing, manufacturing, selling and servicing megawatt-class wind turbines, including cutting-edge SCD (Super Compact Drive) solutions, and providing post-sales value-added maintenance and technology upgrade services to wind farm owners. Ming Yang cooperates with aerodyne Energiesysteme, one of the world’s leading wind turbine design firms based in Germany, to co-develop wind turbines. In terms of newly installed capacity, Ming Yang was a top 10 wind turbine manufacturer worldwide and the largest non-state owned wind turbine manufacturer in China in 2015. For more information, please visit Ming Yang’s investor relations website at http://ir.mywind.com.cn.

Safe Harbor Statement

This press release contains certain statements that are not descriptions of historical facts, but are forward-looking statements. These forward-looking statements can be identified by terminology such as “if,” “will,” “expected,” and similar expressions. Forward-looking statements involve inherent risks, uncertainties and assumptions. These forward-looking statements reflect the Company’s expectations as of the date of this press release. You should not rely upon these forward-looking statements as predictions of future events. The Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

China Ming Yang Wind Power Group Limited
Chao Zhang

SOURCE China Ming Yang Wind Power Group Limited

Related Links



IMAGE: www.fool.com

Cayman Islands Health City and NWDA announce Healthcare Apprentice Programme

Pin It

Front-HospitalHealth City Cayman Islands and the National Workforce Development Agency (NWDA) have collaborated on an innovative programme with the aim of providing young Caymanians the opportunity to become qualified support-level healthcare administrators.

With destination healthcare set to become the third pillar of the Cayman Islands economy, and due to the continued growth of Health City, the medically advanced hospital is cognizant of providing careers for Caymanians interested in the field of healthcare. Medical degrees and careers in the medical field are a top priority for the Government but many Caymanians are unaware of all the other rewarding jobs available in healthcare that do not require advanced training, and officials in the Ministry hope to change this.

“The Ministry of Employment and the NWDA are keen to tap into an industry that traditionally has attracted aspiring Caymanian doctors and nurses but one it recognizes can also lead to meaningful employment opportunities at the administration and support staff level,” said Dianne Conolly, NWDA Manager Training and Development.

The joint initiative, the Healthcare Apprentice Programme, will provide Caymanians 19-25 years old with the opportunity to train for a diploma through Pitman®, a globally recognized institution providing training in Office, IT, Administration, Finance and Business, and offering a flexible approach to employee development. The cost of training for the administrative support-level healthcare positions of medical secretary or medical receptionist will be facilitated by grants through the Ministry of Education. Health City Cayman Islands will provide a one year paid apprenticeship during which the participant will be required to complete their studies, then continue their training full time at Health City Cayman Islands receiving practical, hands-on, experience while earning a stipend.

“We are committed to doing everything possible to train Caymanians for the variety of career tracks available at Health City Cayman Islands,” said Mr. Gene Thompson, Project Director. “We are, therefore, excited that our discussions with the NWDA have yielded such an exciting, mutually beneficial, programme.”

“The Ministry is working along with Health City to expose Caymanians to job opportunities within the healthcare industry. This is evidenced by the internship opportunities the hospital has provided to almost 500 students and young Caymanians. The apprenticeship programme now being launched takes this collaboration one step further by offering formal training to, and certification of the apprentices, which will make them more marketable and employable,” said Hon. Tara Rivers, Minister for Education, Employment and Gender Affairs. “I would like to thank Health City Cayman Islands for this exciting public-private partnership that aims to open new doors for young Caymanians seeking employment in the healthcare sector.”

“The Healthcare Apprentice Programme will benefit our young Caymanians and enable to us to take an important step towards fulfilling our goal of creating 3,000 jobs for Caymanians. This will, ultimately, strengthen our ability to fulfill our mission of high-quality, compassionate healthcare,” said Mr. Charles D. Bush, Manager – Mission Integration & Spiritual Care at Health City Cayman Islands. “We are looking forward to mentoring and developing these future professionals, who will have the opportunity to apply for available full time positions, in the area they trained in, on completion of this program.”

Individuals interested in applying for the Health City Apprenticeship Program should contact the NWDA’s Training and Development Unit by email at nwda.apprenticeship@gov.ky or call 945-3114.

For further information, visit www.healthcitycaymanislands.com.


Health City Cayman Islands, the vision of renowned heart surgeon and humanitarian Dr. Devi Shetty, is supported by two major healthcare organizations, Narayana Health and the U.S.-based Ascension, which is that nation’s largest faith-based and non-profit health system, providing the highest quality care to all with special attention to those who are poor and vulnerable. Health City Cayman Islands provides compassionate, high-quality, affordable healthcare services in a world-class, comfortable, patient-centred environment.

Offering healthcare to international, regional and local patients, Health City Cayman Islands delivers excellence in:

· Adult & Paediatric Cardiology

· Electrophysiology

· Adult & Paediatric Cardiothoracic & Vascular Surgery

· Orthopaedics & Sports Medicine

· Pulmonology

· Paediatric Endocrinology

· Executive Health Checks

· Bariatric/GI Surgery

· Neuro & Spinal Surgery

· Cancer Treatment/Medical Oncology

· Comprehensive Sleep Lab

Cayman Islands announces Youth Crime Prevention Day

Pin It

Screen Shot 2016-06-20 at 2.28.40 PMYouth Crime Prevention Day (YCPD) Programme – June 24 (CHHS) and June 28 (JGHS)

Youth ACT will be presenting its Youth Crime Prevention Day (YCPD) programme to Year 10 students of Clifton Hunter High School (CHHS) at the school on June 24th, 2016 and John Gray High School (JGHS) at the Family Life Centre, on June 28th, 2016, from 8:30am – 2:50pm.

This is an exciting moment for us as we have achieved our goal of expanding the YCPD to include this age group (14-16 years) for the first time, as a result of an island fundraising campaign by our main sponsors Sol Petroleum and their ESSO Dealers. In addition, we are grateful for the additional sponsorship from Rotary Central and the Ministry of Community Affairs & Youth.

On behalf of the Youth ACT Board of Directors, we invite you to attend and provide much needed press and TV coverage on this programme which is offered as an intervention and prevention strategy to address the alarming growth of crime in the Cayman Islands, particularly among our young people.

The YCPD has been revised for age appropriate content and effectiveness and we are confident that you will benefit from attending. The programme is presented in an interactive non-traditional educational setting to educate our children on the causes and consequences of crime to empower them with the knowledge to make positive decisions.

This program has been endorsed as “an effective youth crime reduction programme” in the Government’s 2013/2014 Policy Statement and as “an intervention strategy to address at-risk youth anti-social behavior” by the Minister of Education; and supported by the Deputy Governor and FCO through the Governor’s Office.

Below is an overview of the Lesson Plans that will be presented for the Youth Crime Prevention Day.

Burglary, Robbery, Theft and Offensive Weapons Anthony Stewart and Roje Williams – Police Officers
Testimonial – Life of Crime/Drugs Brent Hydes and Pastor Mitch Exctain – Hope for Today
Let’s Talk Michael Myles – At-Risk Youth Coordinator
Bullying Family Resource Centre & CAYS Foundation
Your Life in Prison Helen Reynolds-Arana – HM Prison Services
Crime, Court, Penalties Theresa Lewis-Pitcairn – Attorney

SOURCE: Bonnie Anglin, Chairperson, Youth ACT

Global Indemnity plc announces proposed redomestication to the Cayman Islands from Ireland

Pin It
Global Indemnity plc logo. (PRNewsFoto/Global Indemnity plc)

Global Indemnity plc logo. (PRNewsFoto/Global Indemnity plc)

June 20, 2016 06:00 ET | Source: Global Indemnity plc

DUBLIN, Ireland, June 20, 2016 (GLOBE NEWSWIRE) — Global Indemnity, plc (NASDAQ:GBLI) (the “Company”) announced today that its Board of Directors has unanimously approved a plan to re-domicile from Ireland to the Cayman Islands. The Company’s shareholders will be asked to vote in favor of completing the reorganization proposal at a special shareholders meeting. If the proposal is accepted, a Cayman Islands exempted company, Global Indemnity Limited, would replace Global Indemnity plc as the ultimate holding company of the Global Indemnity group of companies. The Company does not expect the redomestication will have any material impact on its financial results, including the Company’s global effective tax rate.

The Company believes that the Cayman Islands offers a business friendly regulatory environment and a predictable legal framework that simultaneously provides both corporate certainty and shareholder protections, presents a flexible and stable legal and corporate governance framework, which allows a company’s board of directors latitude to exercise its judgment in what it deems to be in the best interests of the company and offers a beneficial tax regime.

If the move to the Cayman Islands is approved by shareholders, each Company A ordinary share will be cancelled and replaced with one A ordinary share of Global Indemnity Limited and each Company B ordinary share will be cancelled and replaced with one B ordinary share of Global Indemnity Limited. The Company intends that the Global Indemnity Limited A ordinary shares will trade on The NASDAQ Global Select Market (“NASDAQ”) under the ticker symbol GBLI, the same symbol under which the Company’s A ordinary shares are currently listed. The Company intends that Global Indemnity Limited will be subject to U.S. Securities and Exchange Commission (the “SEC”) reporting requirements, the mandates of the U.S. Sarbanes-Oxley Act and the corporate governance rules of NASDAQ. The Company will report its consolidated financial results in U.S. dollars and under U.S. generally accepted accounting principles. In addition to shareholder approval, the move to the Cayman Islands is subject to an order from the High Court of Ireland sanctioning the transaction and the satisfaction of certain other conditions.

About Global Indemnity plc and its subsidiaries

Global Indemnity plc, through its several direct and indirect wholly owned subsidiary insurance and reinsurance companies, provides both admitted and non-admitted specialty property and casualty insurance coverages and individual policyholder coverages in the United States, as well as reinsurance worldwide. Global Indemnity plc’s three primary segments are:

United States Based Commercial Lines Operations
United States Based Personal Lines Operations
Bermuda Based Reinsurance Operations
For more information, visit the Global Indemnity plc website at http://www.globalindemnity.ie.

Forward-Looking Information

This press release may contain, and certain oral statements made by our representatives from time to time may contain, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The Private Securities Litigation Reform Act of 1995 provides a “safe harbor” for forward-looking statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans or expectations, are forward-looking statements. Such statements include forward-looking statements regarding the proposed redomestication, including the impact on the Company’s financial results and global effective tax rate. These statements are based on current plans, estimates and expectations, all of which involve risk and uncertainty. Actual results may differ materially from those included in such forward-looking statements and therefore you should not place undue reliance on them. The factors that could cause actual results to differ materially from current expectations include, but are not limited to, our ability to obtain approval of the Company’s ordinary shareholders and the High Court of Ireland for the redomestication, to obtain the necessary governmental and regulatory approvals, and to satisfy the other conditions to the redomestication within the expected time frame or at all, our ability to realize the expected benefits from the redomestication, the occurrence of difficulties in connection with the redomestication, any unanticipated costs in connection with the redomestication and changes in tax laws, tax treaties or tax regulations or the interpretation or enforcement thereof by the tax authorities in the Cayman Islands, the United States and other jurisdictions following the redomestication, as well as our management’s response to these factors. The foregoing factors are in addition to the other factors set forth in the Company’s reports on Form 10-K and Form 10-Q and other documents on file with the SEC. The Company undertakes no obligation to update publicly or revise any forward looking statement, whether as a result of new information, future developments or otherwise, except as required by the federal securities laws.

Important Information for Shareholders

In connection with the proposed redomestication, the Company will file a preliminary proxy with the SEC today, and it will provide the definitive proxy statement to its shareholders when available. Security holders are urged to read the definitive proxy statement regarding the proposed redomestication when it becomes available because it will contain important information. You may obtain a free copy of the definitive proxy statement (when available) and other related documents filed by the Company with the SEC at the SEC’s website at www.sec.gov. The definitive proxy statement (when available) and other related documents may also be obtained for free by accessing http://www.globalindemnity.ie, clicking on the link for “Investor Relations” and then clicking on the link for “SEC Filings”.

Participants in the Solicitation

The Company and its directors, executive officers and certain other members of management and employees may be soliciting proxies from shareholders in favor of the redomestication. You can obtain information about the Company’s executive officers and directors in the Company’s annual report on Form 10-K for the year ended December 31, 2015 filed with the SEC on March 14, 2016 and the proxy statement for the 2016 annual general meeting filed with the SEC on April 29, 2016, respectively. You can obtain free copies of these documents by contacting the Company or accessing its website as noted above. In addition, these documents will also be available free of charge at the SEC’s website as noted above.

Global Counsel Awards 2016: Winners announced

Pin It

PhotoGuidcb1de9b0-441b-4922-8622-9ae468b1ccd0-1024x683Lexology and the International Law Office (ILO) are delighted to announce the winners of the 10th annual Global Counsel Awards, held in association with the Association of Corporate Counsel (ACC). The black-tie gala event was hosted at New York’s magnificent Cipriani 42nd Street and was attended by more than 400 senior lawyers, including in-house counsel from more than 100 companies.



The full list of winners follows;


Robert Lindquist
Panasonic Avionics Corporation TEAM
REWE Group

Bridget van der Bijl
Anglo American plc TEAM
Moody’s Corporation
General Commercial

Patricia Prince-Taggart
CA Technologies TEAM
Enbridge Inc
Intellectual Property

Renee Reuter
Enterprise Holdings TEAM
Home Box Office Inc

Randall Boyce
Foster Farms TEAM

Paul Jolas
US Concrete Inc TEAM
Cinépolis de México SA de CV
Regulatory (Financial Services)

Mary O’Leary
Dun & Bradstreet TEAM
HSBC Latin America
Regulatory (Non-financial Services)

Ana Marti
Medichem SA TEAM
Danone – United States
Rising Star

Kathryn Jones
Lupin Pharmaceuticals
Compliance Innovator of the Year

Melinda Friend
Lifetime Achievement

Matthew Mallow
BlackRock Inc
General Counsel of the Year

Markus Diethelm

In addition to the awards, Lexology and ILO also hosted the sixth annual Corporate Counsel Congress, which took place before the gala dinner. More information about this substantive one-day, exclusively in-house counsel conference is available online at www.corporatecounselcongress.com.

About the ACC
The Association of Corporate Counsel (ACC) is a global legal association that promotes the common professional and business interests of in-house counsel who work for corporations, associations and other private-sector organisations through information, education, networking opportunities and advocacy initiatives. With more than 40,000 members in 85 countries, employed by over 10,000 organisations, ACC connects its members to the people and resources necessary for both personal and professional growth – By in-house counsel, for in-house counsel.® For more information, visit www.acc.com and follow ACC on Twitter: @ACCinhouse.

About ILO
Launched in 1998, ILO is the nexus where global corporate counsel engage with the world’s pre-eminent law firms, and each other.

The ILO brand encompasses:

A multifaceted online resource for senior international corporate counsel, which provides tailored, quality-assured updates on global legal developments, a database of the world’s major deals and the legal advisers involved, and a comprehensive directory of firms and partners.

A global awards programme that identifies in-house corporate counsel, both teams and individuals, who excel in their specific roles. The awards culminate each year in four of the largest annual gatherings of senior corporate counsel, with prestigious ceremonies in Hong Kong, Latin America, London and New York.

An international congress for in-house counsel that encourages the sharing of expertise and experience across borders, allowing attendees to exchange knowledge and insight with high-profile speakers including general counsel at multinationals and regulators.

Recognising its unique relationship with global corporate counsel, many of the world’s premier associations have chosen to partner with ILO. www.InternationalLawOffice.com/Partners.

About Lexology
Launched in 2007, Lexology is a daily newsfeed of law firm client alerts, articles and blogs delivered to the desktops of senior business lawyers worldwide. Lexology has built a unique audience of over 280,000 subscribers, over 60% of whom are in-house corporate counsel representing the vast majority of Fortune 500, FT Global 500 and FT Euro 500 companies – including all members of the Association of Corporate Counsel. www.Lexology.com

About the Global Counsel Awards
In January 2007 ILO, in association with the ACC, launched the Global Counsel Awards to uniquely recognise the excellent work done by corporate in-house legal teams and individuals. The primary aim is to reward lawyers for demonstrable achievements across the full spectrum of in-house responsibility, and not simply those who have acted on high-profile transactions. Winners will have performed above and beyond the usual requirements of their profession and position. The research team will focus on criteria such as effective communication, legal understanding, commercial awareness, depth and strength of team, and management skills, in addition to any significant projects or transactions. While based on thorough and coherent research, the results will remain the subjective views of the research team.

CARICOM focuses on disaster risk management in agriculture planning

Pin It

svg-floodingFrom CARICOM

Natural hazards such as drought, hurricanes, earthquakes and floods have had devastating impacts on the socioeconomic and environmental landscape of the Caribbean within the last decade. The agriculture sector has not been spared this dislocation and devastation. This, in conjunction with the negative impacts of climate change and the increased vulnerability to natural disasters, have propelled the Region to put measures in place to respond more effectively to these challenges with bold, decisive, yet well-ordered strategic planning.

It is within this context that the Region is seeking to develop a CARICOM standardised instrument for assessing the extent to which disaster risk management (DRM) and climate change considerations are integrated into planning in the Region’s agriculture sector.

The move is seen as a first step to assessing the current and future exposure, loss and damage caused by natural hazards and disasters to the sector and to have DRM and climate change systematically mainstreamed into the agricultural planning process.

This is being addressed through a CARICOM Secretariat Initiative, under the 10th European Development Fund (EDF) Caribbean Action entitled Agriculture Policy Programme (APP) with focus on the Caribbean and Pacific. The two major outcomes of this intervention will be:

Development of a regional standard instrument for assessing the extent to which the planning within the Agricultural sector integrates considerations of DRM and Climate Change Adaptation and results and recommendations from the application (testing) of the instrument at the national level; and
Development of a drought hazard annex template to agricultural disaster risk management plans

These will be informed by a process of consultation with and feedback from the CARICOM States and culminate in Regional forum in which the endorsement of these tools will be considered.

CARICOM Deputy Programme Manager, Agricultural Development, Dr. Ronnie Brathwaite, said the initiative was very important “as a more productive and more resilient agricultural sector requires a major shift towards robust risk reduction measures, including sector specific DRR/CCA technologies and practices, and more efficient use and management of vital resources such as land, water, soil nutrients and genetic resources.”

A Joint Venture grouping involving Mr. Jeremy Collymore, Dr. Vincent Little, and Dr. Balfour Spence has been commissioned to lead this initiative. The consultancy will be implemented until 14 September 2016, and will receive technical oversight from the Caribbean Disaster Emergency Management Agency (CDEMA) and the UN Food and Agriculture Office in Trinidad and Tobago.

This initiative is being supported by other key agricultural partners in the Region and includes CARDI, IICA,FAO, and CDEMA.

About the Agriculture Policy Programme (APP)

The APP Caribbean Action is funded under the 10th European Development Fund (EDF) and executed through a Contribution Agreement signed between the European Union (EU) and the Inter-American Institute for Cooperation on Agriculture (IICA). The APP is being implemented in collaboration with the Caribbean Agricultural Research and Development Institute (CARDI) and the CARICOM Secretariat (CCS). The programme seeks to contribute to the enhancement of the regional (Caribbean and Pacific) and interregional capabilities of the agricultural sectors in eradicating poverty. The specific objective is to increase the capability of Regional Agricultural Development Organisations of the Caribbean and Pacific regions to address the development needs of smallholder agriculture.

The CARICOM Secretariat is administering Component 1 of the APP which focuses on strengthening Regional agricultural development strategy through inter alia support to the development and implementation of national and Regional agricultural sector policies and plans. The APP will deliver National Agriculture Policies/Plans to CARIFORUM Member States on the basis of expressed need. This intervention is intended to assist Member States to develop current policies/plans that respond to the current realities of respective national agriculture sectors, and which are aligned to the Caribbean Community Agriculture Policy (CAP).

For more information, please contact –

Dr. Ronnie Brathwaite

Deputy Programme Manager, Agricultural Development

CARICOM Secretariat


Email: ronnie.brathwaite@caricom.org


Cayman Islands private hospital announces new administrator

Pin It

Screen Shot 2016-06-15 at 11.35.41 AMCTMH announces Patrick Auman, Ph.D. as Hospital Administrator

Patrick Auman, Ph.D. has been named Hospital Administrator of Chrissie Tomlinson Medical Centre (CTMH) George Town, Grand Cayman. Dr. Yaron Rado, Chairman of the Board of Directors and Chief Radiologist was pleased to make this official announcement. In this role, Auman will oversee all operations of the 18-bed hospital, providing state-of-the art healthcare to the Cayman community and the visitors of the Cayman Islands

Auman offers the Cayman Islands a unique set of expertise with over 26 years of executive-level hospital operation and performance improvement/management experience. His background includes staff development, strategic planning, operational management, quality assurance and regulatory compliance to only name a few from his extensive list of qualifications. “As Administrator, he will be responsible for the strategic planning and operations for our family and general practice area and the surgical, paediatric, orthopaedic, gynaecology, oncology, and the laboratory and imaging service lines; the development of CTMH and our specialty clinic which hosts visiting specialty physicians throughout the year. Dr. Auman will also be growing our day-to-day urgent care facility, ensuring the community understands they have a full range of physician and healthcare services available to them at all times with little to no-wait times.”

Additionally, Mr. Pellow, a fellow board member and Acting CFO explained, “One key factor in the selection process of Dr. Auman was his previous experience with multiple sized hospitals, including smaller, specialty hospitals. CTMH is a private hospital offering a full range of services and Dr. Auman is fully capable of implementing the new boards’ vision for CTMH.”

Auman has worked at numerous hospitals stateside, including Susan B. Allen Memorial Hospital in Kansas, Texas Specialty Hospital at Houston, Regency Hospital of Odessa also in Texas and Avera McKennan Hospital & University Health Center in South Dakota.

Auman is a member of the American College of Healthcare Executives, Healthcare Financial Management Association, American Hospital Association and the American Public Health Association. He has received numerous awards, including the HCIA/Mercer award for operating one of the top 100 Best run Hospitals in the United States.

“It is an honor and a privilege for me to accept this new role and opportunity,” says Auman. “I appreciate the unique, specialty care a private hospital like CTMH offers their patients. It’s a care that elevates relationships to a personalized level that is not seen in larger hospitals on a normal basis.   We are excited to be a part of this next phase for CTMH.” explained Dr. Auman.

About CTMH

The Chrissie Tomlinson Memorial Hospital (CTMH) is a private, hospital in the Cayman Islands dedicated to providing exceptional healthcare to the Cayman Islands. Our modern facilities are centrally located in the capital of Grand Cayman, just minutes from the Owen Roberts International Airport. Our central location is just over a one hour flight from Miami and only a 45-minute flight from Jamaica. CTMH is an 18 bed, acute care hospital specializing in surgical and urgent care. The residents and visitors of the Cayman Islands enjoy access to a full range of healthcare services provided by our internationally recognized, locally residing physicians and visiting specialists.

Photo Caption: Patrick Auman, Ph.D. CTMH Hospital Administrator

Jackie Doak announced as President of Dart Realty (Cayman) Ltd

Pin It

tmp_4917_6-14-2016_40808_Over the past decade, the scope, diversity and complexity of Dart Realty’s real estate activities have grown to encompass a broad portfolio of developments including commercial, retail, hospitality, entertainment, residential and education.

As the company continues to grow, Dart recognises the value of dedicated, visionary and innovative leadership. They are therefore pleased to announce the promotion of Jackie Doak to President of Dart Realty (Cayman) Ltd.

“We are fortunate to have a leader like Jackie who embraces the vision of our founder Ken Dart and maximises every opportunity to make it a reality,” said Mark VanDevelde, CEO of Dart Enterprises, the parent company of Dart Realty. “Under Jackie’s tenure, Dart Realty’s professional capabilities in asset and property management, leasing, sales and marketing have advanced significantly, while the company is gaining a global reputation for placemaking and community building.”

Jackie joined Dart Realty in 2003 as Vice President of Sales. She was instrumental in the visioning and master planning of Camana Bay and led the negotiation and execution of the NRA agreement which represents an investment of over $800 million in the Cayman Islands. Last month, on behalf of Dart Realty, Jackie signed the Third Amendment to the NRA Agreement, setting the stage for another decade of creating extraordinary spaces and memorable experiences for the Islands’ residents and visitors.

For further information, please contact Susanna de Saram, Senior Manager Public Relations at Dart Realty on (345) 325-0583 or by email at susanna.desaram@drcl.ky.