September 17, 2019

Cayman Islands: US Bankruptcy Court upholds industry view of CDOs / CLOs

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By John Dykstra and Nick Herrod Maples Group From Mondaq The US Bankruptcy Court (the “Court“) has handed down an important decision which reflects the industry view that the contractual deal terms of a CDO / CLO should not ordinarily be circumvented through chapter 11 proceedings. In Taberna Preferred Funding IV, Ltd. (“Taberna“), the Court dismissed an […]

5 Development officers

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Cayman Islands Community Development Officer: Rewarding, Demanding Job GRAND CAYMAN (GIS) – Currently numbering five, the dedicated Community Development Officers (CDOs) of the Department of Children and Family Services (DCFS) have a very demanding and multi-faceted job, often working with some of the most vulnerable in our community. Delmira Kirchman-Bodden covers East End and North […]

This is the future of economic forecasting

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By Myles Udland From Business Insider On Twitter today, former BI colleague and current Bloomberg editor Joe Weisenthal asked: “Must rates eventually go up?” The answer, of course, is no. Interest rates don’t have to do anything. But moving away from the sort of existential implications of what some financial market must do or not […]