November 23, 2017

Archives for August 31, 2017

Former Cayman Islands Minister wins legal action against online forum

Cayman Islands Judge Robin McMillian last Wednesday (30) ordered the removal of a post from an online forum administrated by local activist, Sandra Hill (formerly Catron) after former Finance Minster, Marco Archer, took action against her. The forum post claimed a former Cayman Islands minister was being investigated for abuse of power while in office. […]

Cayman Islands-based Bernie Madoff feeder fund author of own demise

By Kirsten Hastings From International Adviser After a 12-week trial, liquidated Cayman Islands investment fund Primeo, which invested with infamous Ponzi scheme Bernard L Madoff Investment Securities (BLMIS), was found to be “to a very substantial degree the author of its own misfortune”, a judge has ruled. The Grand Court of the Cayman Islands delivered […]

Cayman Islands: Hotly-contested election behind it, as challenges remain

By: Peter Body From International Investment The long-term stability of the Cayman Islands, coupled with its early willingness to participate in global efforts to create an international network of automatic information exchange and similar schemes, are seen as helping it to maintain its place as a top financial services jurisdiction, particularly for hedge funds. Still, […]

Diver uses technology to find missing wedding ring in Cayman Islands

By Sam Helmy From Deep Blue In what could very well be a TV show, a diver in the Cayman Islands used footage shot on the dive to locate a wedding ring that went missing. According to Divernet, upon surfacing from a dive on the 77m/250ft wreck the USS Kittiwake in Grand Cayman, diver Jessica Pasquarelli discovered […]

Two women from Arkansas to fill rental truck with supplies, drive to Houston

By David Lippman From KTHV 11 LITTLE ROCK, Ark. (KTHV) – People all over the country, and especially in central Arkansas, want to help the victims of Harvey, whether they were affected by hurricane-force winds or relentless flooding. Many, though, feel overwhelmed by the need of the storm victims. A couple of local women are […]

The Editor Speaks: Hurricanes generally bring out the best of people…

…. and in the minority – the worst. The terrible scenes of the floods in Texas from Hurricane Harvey, especially in Houston, have brought many communities together showing the very best in human kindness. I well remember experiencing the same after Hurricane Ivan hit us. Strangers hugging one another and people bringing in power saws […]

Peter Thiel funded unregulated human research in the Caribbean

By Erin Schumaker From Huffington Post But the scientific process may stop him in his tracks. Tech billionaire and informal Donald Trump adviser Peter Thiel bankrolled a herpes vaccine trial in the Caribbean that not only flouted United States safety laws, but also potentially put human clinical trial participants at risk. Thiel invested $7 million […]

Dance in memory of Cayman couple

From Farnham Herald IAN and Pamela Mansell and her sister Marlene would have been the first on the dance floor at the recent concert given by Out of the Shadows as a celebration of their lives, so tragically cut short by a car accident in the Cayman Islands in May. Friends from Dockenfield and from […]

Bankrupt Caribbean Paradise woos Chinese tourists—and their cash

By Rebecca Spalding and Michelle Kaske From Bloomberg Puerto Rico sets out to revive itself with money from the east Plans for a theme park of regional delights to woo investment Over the years, Puerto Rico has wooed visitors and investors with beaches, sun, tax breaks and splashy public works. Now the Caribbean island wants […]

Laparoscopic surgery performed on newborn for the first time in Cayman Islands

Surgeons at the Cayman Islands Hospital have made medical history on island by performing laparoscopic or “keyhole” surgery on a three-week-old patient suffering from pyloric stenosis, a digestive disorder in newborns, which keeps food from moving into the intestines. Sacha and Fitzroy Miller, parents of newborn patient Sariah Miller, said they became terrified after their […]