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Day: December 12, 2012

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Deciding between wills and trusts for non-Cayman domiciliaries

By Giorgio Subiotto, David Cooney, Marcus Leese and Charlie Sparrow From Ogier Introduction If an individual owns Cayman Islands situated property, it is important to address the question of what will happen on the death of that person. In some…

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Cayman responds to global regulation challenges

Hedgeweek’s interview with Matt Mulry of Dillon Eustace – Last year’s Weavering case, in which Justice Jones QC examined in detail the role of independent directors and the operation of a Cayman fund, proved to be a watershed moment for…

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Cayman Turtle Farm review team labeled as already compromised by WSPA

Even though an independent review of the Cayman Turtle Farm (CTF) began Monday (10), following revelations by the World Society for the Protection of Animals (WSPA) of shocking farm conditions with turtles “trapped in prison like tanks, barely surviving in…

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CMA asks Cayman community to pray

In light of the troubling events of this week in our islands, the Cayman Ministers’ Association (CMA) is issuing an encouragement to the Christian community to continue to pray for our country and for “all those who are in authority”,…

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KeyTech commits to Cayman despite large loss

“KeyTech is firmly committed to Logic Cayman, where we have invested and continue to invest in a fiber rollout strategy. In November of this year, 2012, Logic Cayman was the first provider of IPTV and the first to offer a…

Budget Delivery Committee stresses vigilance

At the Deputy Governor and Chief Officer’s Meeting held on Monday 3rd December, 2012 an update on the November Budget Delivery Committee Meeting was given by Acting Deputy Governor, Dax Basdeo, who said they had met on November 29th and…

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Securing Cayman Islands residency by proof of independent means or by way of direct investment

By Giorgio Subiotto, David Cooney, Marcus Leese and Charlie Sparrow From Ogier Summary This Briefing Note relates to two processes by which an individual (and his or her family) can potentially be granted a right to reside in the Cayman…

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Police Commissioner is not amused

Statement from Police Commissioner David Baines “It has come to my attention over the past 24 hours that there have been two very separate but distinct attempts to undermine the credibility of both the RCIPS and me personally. “It is…

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9 New cases of dengue under investigation says PHD

The following update re Dengue Fever cases in the Cayman Islands has been released from the Public health Department (PHD) Dengue Update as of December 8, 2012 Total cases under investigation for dengue since the beginning of the year: 82…

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Aircraft registration

By David Cooney,  Ogier Introduction The United States remains the most popular place in the world to register corporate jets. However, there are a number of reasons that the US is not appropriate for everyone. The Cayman Islands, since 1976,…