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Month: August 2016

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A Longer Wait for the Fed

By Ashley Kindergan From The Financialist The Federal Reserve is expected to keep monetary policy unchanged over the next few months as the central bank continues to assess the underlying strength of the U.S. economy, especially after the Brexit vote…

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Cayman Finance Statement on ESMA’s AIFMD Passport Advice

Posted on July 31, 2016 With the news today from the European Securities and Markets Authority (“ESMA”) deferring its recommendation to the European Commission (“EC”) that the Cayman Islands (along with several other countries) be considered for a “third country…

Lewis Hamilton in legal battle over Nicole Scherzinger’s Caribbean love nest

By Seamus Duff for Metro.co.uk Lewis Hamilton is locked in a legal battle with a property developer over a luxury island getaway that he was building in the midst of his relationship breakdown with Nicole Scherzinger. The 31-year-old Formula 1…

Toronto Caribbean Carnival

Amazing photos from the Toronto Caribbean Carnival’s Grand Parade By DH Toronto Staff From Daily Hive It was colour, feathers, beads, and smiles at this year’s Toronto Caribbean Carnival’s Grand Parade. Caribana, as it was formally known, has always been…

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HSBC hands over list of 8,000 Israeli Swiss accounts

By Hillel Koren From GLOBES The Israel Tax Authority is checking the information on the lists to see if there is any unreported capital. Today (Monday), the Israel Tax Authority announced it had been in contact with the French Tax…

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Kim Kardashian vs. Taylor Swift: the legal implications of the Snapchat recording

BY AMANDA CICCATELLI From Inside Counsel Can Taylor Swift sue Kanye West for Kim Kardashian’s recorded phone call? On Sunday, Kim Kardashian West posted a recording of a conversation on Snapchat between her husband Kanye West and Taylor Swift that…

Valley of stars

In the Valley of Stars From Lewington Franschoek, South Africa. This place holds a special place in my heart as we witnessed my good friends get married here. During the night before the wedding this timelapse was shot. In a…

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Terminix offering $87M to family sickened by Industrial pesticide during Caribbean vacation

By Mary Beth Quirk From Consumerist The Delaware family that was sickened by toxic pesticide during their stay in a luxury condo in the Caribbean last year could be getting $87 million from Terminix as part of a proposed settlement….

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BoE reassures EU banks on post-Brexit restructuring

By Laura Noonan, Martin Arnold and James Shotter From Financial Times   British regulators have told at least one major EU bank that it will not be forced to establish a separately capitalised UK subsidiary as a result of the…

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The big business of divorce

By John Roach & Laura Roach, From Texas Lawyer Divorce is big business. In fact, it’s a $50-$175 billion business compared to the wedding industry which is estimated to generate just $40-$50 billion annually. Why is divorce big business? Just…