Cayman Islands Court of Appeal rules on rights of non-registered investors to enforce shareholder rights
Last Updated: 3 June 2015 Article by Rachael Reynolds From Ogier In the Matter of Lancelot Investors Fund, Ltd (in Official Liquidation) (unreported 27 April 2015), the Cayman Islands Court of Appeal (CA) considered whether a beneficial owner of shares…
Qunar Cayman Islands Ltd (NASDAQ:QUNR) announced the commencement of a registered public offering of its American Depositary Shares
By Mike Rosenberg (GlobalNewswire)Qunar Cayman Islands Ltd (NASDAQ:QUNR) China’s leading mobile and online travel platform, announced the commencement of a registered public offering of its American Depositary Shares (the “ADSs”), each representing three Class B ordinary shares, par value US$0.001…
Caribbean Employers’ Confederation and Caribbean Congress of Labour sign MOU in Brussels
From Caribbean News Now PORT-OF-SPAIN, Trinidad (ILO) — On 26 May 2015, the Caribbean Employers’ Confederation (CEC) and the Caribbean Congress of Labour (CCL) signed a memorandum of understanding (MOU) to work together to identify areas where common legislative and…
Financial regulator: Vatican Bank needs more reform
From Newsmax The Vatican bank has made good progress in transparency but needs more changes to consolidate anti-money laundering reforms, the Holy See’s financial regulator said on Friday. The Financial Intelligence Authority’s (AIF) also said in its annual report for…
Individuals announce withdrawal of interest in West Face SPV (Cayman) I L.P. Published: June 2, 2015 11:37 p.m. ET
CALGARY, Jun 2, 2015 (Canada NewsWire via COMTEX) — Gary Guidry, Ryan Ellson, James Evans, Lawrence West and Dulat Zhurgenbay (the “Individuals”) announced today that they have each withdrawn their entire interest in West Face SPV (Cayman) I L.P. (“West…
Lawyers net $528 million in price-fixing settlements
By Marisa Kendall, From The Recorder SAN FRANCISCO — A handful of global electronics manufacturers have agreed to pay $528 million to settle claims that they fixed the prices of cathode ray tubes used in computer and TV monitors, bringing…
The Editor Speaks: Predictions aren’t facts
Cayman Islands’ Premier, Alden McLaughlin, is 100% correct when he said in his Hurricane Season message published today, “I don’t care for hurricane predictions, especially when they tell us we don’t have much to worry about”. He warns, “I fear…
FIFA arrests transform Blatter heir into face of football scandal
By Andrew Martin, Tariq Panja And Vernon Silver | Bloomberg From Tico Times A picture taken on March 24, 2015 in Vienna shows Jeffrey Webb, president of CONCACAF and the Cayman Islands Football Association giving a press conference. Webb was…
Mourant Ozannes responds to growth in Asia and Caribbean business with further investment
Leading offshore law firm, Mourant Ozannes, has announced that Eleanor Morgan and Nicholas Fox are set to become partners in its BVI office, while partner Shaun Folpp will head to the firm’s Hong Kong office to establish a BVI and…
TSA boss replaced after massive airport security failure
Homeland Security Secretary Jeh Johnson said on Monday he reassigned the acting administrator for the Transportation Security Administration after earlier ordering improved security at U.S. airports. The moves follow media reports that checkpoint screeners failed to detect mock explosives and…
