China stocks take another steep dive
By Chris Sester From Wall Street Observer China stocks take another steep dive: YY Inc (ADR) (NASDAQ:YY), Qunar Cayman Islands Ltd (NASDAQ:QUNR), 58.com Inc (ADR) (NYSE:WUBA) Chinese equities were walloped on Monday as smaller stocks fell nearly 7 per cent…
Barbados: Not international business as usual
By Rene Butcher From Barbados Nation News Barbados’ offshore financial services sector is again under threat. The Organisation for Economic Cooperation and Development (OECD), G20 and the European Union (EU) are acting in concert, armed with the Foreign Account Tax…
Boot camps to kickstart public-private partnerships in the Caribbean
By David Bloomgarden and Dennis Blumenfeld From FOMIN The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services…
Walkers represents beneficial interest holders in successful petition for winding up in the Cayman Islands Court
By Fraser Hern, Joanne Collett, Barnaby Gowrie and Peter Kendall From Walkers Last Updated: 14 September 2015 The frustration of funds and investment houses, holding beneficial interests in notes issued by defaulting Asian corporates, in not being able to cause…
Fiduciary duties of a general partner of a Cayman exempted limited partnership
From Loeb Smith10 September 2015 The Cayman Islands (Cayman) continue to be the leading offshore jurisdiction for the establishment of hedge funds, private equity funds, and investment funds focused on other asset classes. A large number of Cayman funds are…
The View from Europe: Investing in tourism
By David Jessop From Caribbean News Now A few days ago in London, the Bahamas prime minister, Perry Christie, told a meeting organised by Caribbean Export that the region needed a new formula to maximise investment. Caribbean Export’s message was…
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The Editor Speaks: There are many comparisons in my religious play and the gay/drug themed RENT one currently playing at The Playhouse.
I had not seen or even read the synopsis of the musical RENT currently playing to packed houses at The Prospect Playhouse until the last two weeks. Please see my review of it published in iNews Cayman today. In fact…
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The National Conservation Council comments on Cayman Islands proposed berthing facility
Promoting and securing biological diversity and the sustainable use of natural resources in the Cayman Islands 26 August 2015 PROPOSED CRUISE BERTHING FACILITY Commentary following issue of Environmental Assessment Board Review of the consultation draft Environmental Statement and completion of…
Cayman Court makes first ruling on the meaning of “Fair Value” under the statutory merger regime
From Mourant Ozannes INTRODUCTION On the 28th August 2015 the Grand Court of the Cayman Islands released its decision in In the Matter of Integra Group (Jones J). This case is the first time the Cayman Islands court has ruled…
CCRIF pays Government of Dominica EC$6.5 Million under its Excess Rainfall Programme following Tropical Storm Erika
Grand Cayman, Cayman Islands, September 10, 2015 – CCRIF SPC (formerly the Caribbean Catastrophe Risk Insurance Facility) has made a payment of EC$6.5 million (approximately US$2.4 million), the maximum payable under the policy, to the Government of Dominica under the…
