Suntech gets approval for a provisional liquidation from Cayman Islands
From theflyonthewall Suntech Power Holdings announced that the Grand Court of the Cayman Islands, the jurisdiction of its incorporation, has granted the company’s application for a provisional liquidation. Restructuring professionals selected by the company from PricewaterhouseCoopers have been appointed to…
The Editor Speaks: Cruise ship terminal won’t be coming soon
It is shocking that the previous government controlled by ex premier McKeeva Bush wasted four valuable years and a considerable amount of our money in achieving absolutely nothing in bringing us a cruise ship terminal that is of paramount importance…
October cruise ship passenger arrivals up
After a continuing trend of decreasing cruise ship passengers arrivals in Grand Cayman between April and September this year with an average drop of 22.72% over the six months, October saw a refreshing rise of 9.1%. Following is a summary…
Judges meet in Cayman to discuss insolvency and other bankruptcy issues
It was a very distinguished group of persons arriving here in Grand Cayman this week. Regional meetings were taking place on Wednesday (6) and Thursday (7) to discuss cross-border insolvency issues, restructuring, insolvency, bankruptcy and similar issues. The distinguished attendees…
Some Caribbean countries near brink of collapse – PM Anthony
From StabroekNews.com (Barbados Nation) Some Caribbean countries are near the brink of collapse but one wouldn’t get that impression from the way governments are behaving. St Lucia’s Prime Minister Dr Kenny Anthony made that charge Tuesday night at the University…
Obligations for issuers with CISE (the Exchange)
From Ogier By Raulin Amy, Christopher Byrne, Paul Burton, Tim Morgan, Matthew Swan and Michael Lombardi Cayman Islands Stock Exchange – continuing obligations for issuers with listed corporate and sovereign debt securities Continuing Obligations This Client Briefing has been prepared…
Cayman Islands: Fund governance and conflicts of interest survey 2013
Article by John Donohoe, Carne Global Financial Services Limited Why fund governance is more important than ever The topic of fund governance has been rising steadily up the agenda on both sides of the Atlantic in the past few years….
Cuba’s reforms favour foreign investment, create low-wage sponge
By Kevin Edmonds, The Other Side of Paradise From Naia.org For over 50 years the island of Cuba has defiantly stood its ground in the Caribbean, rejecting a capitalist economic model in favor of a system that has served the…
Deutsche Bank appointed as Depositary Bank for Qunar Cayman
Deutsche Bank appointed as Depositary Bank for the sponsored level III NASDAQ-listed American Depositary Receipt Program of Qunar Cayman Islands Limited New York & Hong Kong & Beijing — Deutsche Bank today announced its appointment as depositary bank for the…
The Editor Speaks: Tempura tempest threatens
We have two stories the same but very different. I am referring to the outcome of the judicial review between the Governor and the Information Commissioner over the release to the public of documents relating to the Tempura debacle. Tempura…
