September 21, 2017

Archives for March 19, 2017

Cayman Islands: Maples Group assists MJX Asset Management on first new-issue CLO of 2017

Maples and Calder and Maples Fiduciary have assisted MJX Asset Management (“MJX“) on its dual compliant $528 million Venture XXVI CLO – the first new-issue CLO of the year globally. The deal, which priced on 19 January 2017, was arranged by Jefferies and closed on 14 February 2017. In addition to providing Cayman Islands legal […]

Activist urges Cayman Islands to grow marijuana after long wait for cannabis oil from Jamaica

From Jamaica Observer GEORGE TOWN, Cayman Islands (CMC) — The Government of the Cayman Islands is being urged to cultivate marijuana locally. The call came from local activist Dennie Warren Jr who was central to the campaign that led to the legalisation of extracts from marijuana in 2016. At the first ever Cannabis Conference to […]

The Editor Speaks: Bureaucrats

At some time in our life we all have had to fight with bureaucrats and bureaucracy. In one of our stories today “Activist urges Cayman Islands to grow marijuana after long wait for cannabis oil from Jamaica”, Dennie Warren Jr highlights the uphill battle he has had with “government bureaucrats” in getting the oil legalised […]

Mergers and fair value petitions: Cayman Case law update

Written by Bernadette Carey, Counsel | Conyers Dill & Pearman From Business BVI The Cayman Islands has recently seen a flurry of merger activity, in many instances as a result of listed entities seeking to engage in ‘go private’ deals involving companies incorporated in the jurisdiction. The statutory merger and consolidation process set out in Part […]

Yello launches Annual Community Recycling Programme in Cayman Islands

Yello has launched the eagerly anticipated Community Recycling Programme “Yellow2Green”.  Starting this week, communities and businesses are invited to participate in one of the most impactful environmental initiatives within the Cayman Islands.  An island-wide annual event, Yellow2Green is an eco-friendly program that has saved more than 170,000 directories from the George Town landfill and created […]

Lanarkshire couple funded luxury holidays to Cayman Islands and Las Vegas and drove Range Rovers after dodging almost £1m in tax

By David Meikle From The Scottish Sun TAX DODGERS JAILED -Michael Howard, 44 and his wife Donna, 43, ran a security systems business and enjoyed a multi-million pound turnover A COUPLE who funded their extravagant lifestyle by dodging almost £1million in payments to the taxman have been jailed. Michael Howard, 44 and his wife Donna, […]

Health City Cayman Islands completes 300 sleep studies

Milestone reached as World Sleep Day is observed on Friday, March 17 CAYMAN ISLANDS (March 16, 2017) – Health City Cayman Islands (HCCI) has completed 300 sleep studies, just in time for the 10th global observance of World Sleep Day on Friday, March 17. World Sleep Day, created and hosted by World Sleep Society, is […]

Derek Walcott, who wrote of Caribbean beauty and bondage, dies at 87

From KHSU Derek Walcott’s work explored the beauty of his Caribbean homeland and its brutal colonial history. The prolific, Nobel Prize-winning poet and playwright died Friday at his home in St. Lucia. He was 87. Walcott wrote dozens of books of poetry and plays, among them his epic poem Omeros and his Obie-winning drama, Dream […]

Cayman Islands: FATCA repeal on agenda of US Republicans

From IFC Review. Washington’s Foreign Accounts Tax Compliance Act, known as FATCA, will be assailed afresh as lawyers and lobbyists renew efforts to repeal the law as part of President Donald Trump’s tax reform, reports Cayman Compass. Washington-based Jim Jatras, a Republican and co-leader of the Campaign to Repeal FATCA, says “lots is happening,” and […]

The Unfinished Work of Maurice Bishop, by Peter Binose

Here is an extract of the last chapter in Peter Binose’s unpublished book about Maurice Bishop. I am not sure when Peter actually wrote this because he started the book in 2004 and I believe but am not sure finished it in 2010. I thank his family for allowing me to publish this and I […]