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Day: December 18, 2012

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AmazonUK dodges corporation tax. On-site petition launched

Petitioning Amazon .@AmazonUK: Pay corporation tax in the UK Petition by Frances and Keith Smith Help save Christmas future – stop Amazon’s tax dodge now. We pay our taxes and so should Amazon! We run the Kenilworth and Warwick bookshops,…

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CDB funding for Haiti MICRO, Belize youth, and road improvement in Guyana

CDB to provide additional funding for Haiti Micro Insurance Catastrophe Risk Organisation The Caribbean Development Bank (CDB) is to allocate an additional amount equivalent to USD1 million to its Micro Insurance Catastrophe Risk Organisation (Haiti) Fund (MICRO).  CDB established the…

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Obama ‘backs assault weapons ban’

US President Barack Obama wants to reinstate an assault weapons ban in the wake of the mass killings in Newtown, Connecticut, his spokesman says. Jay Carney said the president was “actively supportive” of a Democratic senator’s plan to introduce a…

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Axiom is in the news again – Latest stories

Axiom Fund: Investors making one mistake after another Investors in Axiom Legal Financing Fund have until Wednesday to try to block the appointment of KPMG’s Kris Beighton and John Milsom as Receivers. Once KPMG is ensconced, it will be extremely…

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Cayman Islands Provisional Liquidations in Support of Chapter 11 Proceedings

From MAPLES The wind down of Trident Microsystems (Far East) Ltd, a Cayman Islands company (“TMFE“), has been ongoing during the course of this year.  In January 2012, TMFE was placed into Chapter 11 proceedings in Delaware, pursuant to the…

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Sowing The Seed

Article by Ian Gobin, Appleby Want to set-up your own hedge fund? If so, you’re not alone. According to a recent report by the Financial Times, last year more than 1,100 new hedge funds launched globally, the highest number since…

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Cayman Islands’ New Arbitration Law

From MAPLES The existing legislation governing arbitration in the Cayman Islands was recently repealed and replaced with the Arbitration Law, 2012 (the “Law“).  This article provides a brief overview of the changes and their impact on arbitration as a method…

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The Editor Speaks: A fishy inquiry

Just to get away from the Cayman Islands political crisis for this Editorial today. I have a very fishy question to pose. You will have noticed our frequent reporting of releases we have received from Caribbean Regional Fisheries Mechanism (CRFM)…

100 kids enjoy Christmas at Windsor Park with ICCI and Triple C

Over 100 children from the Windsor Park neighbourhood playground celebrated Christmas with students from the International College of the Cayman Islands and Triple C School on 15 December. The air was filled with laughter and merry as students and teachers…

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Dengue Update: Four new cases under investigation

Total cases under investigation for dengue since the beginning of the year: 86 Since the last update as of 8 December 2012 there had been four new cases under investigation. Of the four one had travel history to an endemic…