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Day: May 26, 2015

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Cayman Islands Monetary Authority seeking comments re-amendments to Guidance Notes

From CIMA Cover letter dated May 25 2015 to: President, Alternative Investment Management Association (Cayman) President, Cayman Islands Association of Insurance and Financial Advisors President, Cayman Islands Bankers Association President, Cayman Islands Company Managers Association President, Cayman Islands Directors Association…

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Takata airbag recall falls short, plaintiffs lawyers say / Recall extended to Cayman Islands

By Amanda Bronstad, From The National Law Journal Plaintiffs lawyers praised Takata Corp.’s admission on Tuesday that a defect was causing its airbags to spontaneously rupture, but they insisted that the company still hasn’t gotten to the root of the…

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Why do peacekeepers have immunity in sex abuse cases?

By Rosa Freedman From CNN Story highlights Rosa Freedman: French peacekeepers accused of sex abuse in CAR. Peacekeepers are protected by UN immunity She says this is unacceptable and makes U.N. complicit in preventing justice. Rosa Freedman is a senior…

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Alabama law applies in Tylenol MDL death case

By P.J. D’Annunzio, From The Legal Intelligencer Alabama law, which allows for uncapped damages, will apply in the case of a woman from that state who allegedly died from liver failure after taking Tylenol, a federal judge has ruled. U.S….

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Johnny Depp could face up to 10 years in prison for bringing dogs into Australia

By K.C. Blumm from People.Com Johnny Depp could be facing jail time over his decision to illegally bring his two dogs into Australia. An Australian Senate committee was told on Monday that if the matter goes to court and the…

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RBC Executive Rider pays special attention to local clients

From Curacao Chronicle WILLEMSTAD – RBC head of Commercial and Capital Markets in the Caribbean, Tim Rider, recently visited Curaçao to meet key clients and government stakeholders. Rider also took the opportunity to spend time with Russell Kopke, the newly…

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Public IP companies feel the pinch

By Scott Graham, From The Recorder At publicly traded patent licensing companies, the rich are getting richer and the poor are getting shaken out. While giants like Interdigital Inc., Tessera Technologies Inc. and Rambus Inc. are having banner years, several…

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Gap between rich and poor ‘keeps growing’

By Anthony Reuben Head of statistics, From BBC News The gap between the rich and the poor keeps widening, the Organisation for Economic Cooperation and Development (OECD) says. In its 34 member states, the richest 10% of the population earn…

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Appeals filed in NFL concussion settlement

By Saranac Hale Spencer, From The Legal Intelligencer Three weeks after the settlement between the National Football League and its former players who suffered head injuries while playing for the NFL got final approval, challenges to it are getting under…

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Europe: Carmakers are out, banks are in

By Jens Erik Gould From The Financialist For several years following the financial crisis, Europe’s economy was stuck in neutral. But those days are over. The continent is currently in the midst of a growth cycle, and astute investors have…