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Passport security loans in Cayman Officers of the George Town CID are investigating a suspect who has been loaning monies to persons on a high interest rate and holding their passports as security for the loans. When they defaulted on…

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Liquidator comments on 4mil claim against Ashcroft Company

Chris Johnson, the court appointed liquidator of Hadsphaltic on being interviewed said this could be good news for Hadsphaltic because Johnston owes the company a lot of money. He could not be drawn into saying how much of the Hadshpaltic…

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Walkers expands London based restructuring practice

Leading international law firm Walkers is pleased to announce Senior Counsel, John O’Driscoll, has moved to the Firm’s London office to drive the ongoing expansion of Walkers’ Global Insolvency and Corporate Recovery practice. In his new role John will use…

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Royal Ascot Fundraiser

From Cayman Islands Olympic Committee Please join the Cayman Islands Olympic Fundraising Committee “At the Races, Royal Ascot Style”, on May 30th 2014 at 7.pm @ LUCA restaurant. This Fundraising Event is in support of our local Athletes, who are…

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Lending & Secured Finance Guide 2014: Cayman Islands

Article by Alasdair Robertson and Tina Meigh, Maples and Calder 1 Overview 1.1 What are the main trends/significant developments in the lending markets in the Cayman Islands? There have been no changes to the Companies Law (2013 Revision) of the…

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5 CARIFTA medals for Cayman swimmers

From CIASA The Cayman Islands National Junior Swim Team brought home two gold, two silver and one bronze medal from the 2014 CARIFTA Swimming Championships last week in Savaneta, Aruba. Lauren Hew (left) dominated the Girls 13-14 Backstroke events bringing…

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Cartoon of the Day

By Tony Zuvela, Cartoonist “It’s my own little World which I can escape to everyday and create a fun, weird, berserk Cartoon to whatever subject I like. I enjoy doing all the work myself, and all the aspects of Cartooning,…

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BF&M records $25.2m profit for 2013

By Don Burgess, Deputy Editor BDA Sun BF&M has reported a profit for 13 straight years after recording net income of $25.2m for 2013. Shareholders’ net income for the comparative period of 2012 was $21.9 million. President and CEO, John…

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little men coloring animals

Illustrations of little men coloring animals by Ricardo Solis From Globilzation Looking at it from far, the illustrations of Mexican artist Ricardo Solis look like realistic painting. However, as soon as you look closer, you can see some little guys…

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Prime Minister presses UK tax havens about ownership

By agency reporter From Ekklesia David Cameron has written to the UK’s tax havens about the importance of them knowing and revealing more about who really owns the hundreds of thousands of companies they host, The move has been welcomed…