The Editor Speaks: Why can’t I find a job?
There is no doubt there is something rotten in the Cayman Islands when it comes to job advertising. Despite the Cayman first policy and all the rules we still see job advertisements that are placed with low pay, low prospects…
FATCA UPDATE: Cayman Islands TIA issues guidance notes
Guidance Notes on the International Tax Compliance Requirements of the Intergovernmental Agreements between the Cayman Islands and the United States of America and the United Kingdom, Version 1.0. On 22 July 2014, the Cayman Islands (‘Cayman’) Tax Information Authority (‘TIA’)…
A.M. Best upgrades ratings of Island Heritage Insurance Company Limited
OLDWICK, N.J., Jul 29, 2014 (BUSINESS WIRE) — A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Island Heritage Insurance Company Limited (Island Heritage) (Cayman…
Exceed to further adjourn extraordinary general meeting
Exceed Company Ltd., one of the leading domestic sportswear brands in China, announced that it intends to further adjourn its extraordinary general meeting of shareholders that was called to authorize and approve the proposed Agreement and Plan of Merger (the…
Apple faces huge class-action lawsuit over labor violations
By Chris Smith From BGR Four former retail and corporate Apple employees who filed a lawsuit against the company in December 2011 over alleged labor violations managed to “upgrade” their lawsuit to class-action status, TechCrunch reports, with some 20,000 current…
Feds sue law firms in foreclosure relief scams
By Jenna Greene, from The National Law Journal Federal and state consumer protection watchdogs on Wednesday [23] took aim at lawyers, filing more than three dozen suits targeting law firms and other entities for running illegal foreclosure relief scams. The…
A Guide to Arbitration in the Cayman Islands
From Ogier Arbitration is a mechanism of binding dispute resolution which entails resolving disputes outside court in accordance with procedures and standards as determined by the parties in dispute. Arbitration is therefore an alternative to traditional litigation and is distinct…
Qatar’s purchase of billions of US weaponry — and support for Hamas — shows how awkward foreign policy can be
By Armin Rosen From Business Insider Qatar recently cemented an enormous weapons deal with the United States. But this week, the tiny, resource-rich Gulf kingdom with outsized geopolitical ambitions — and a seemingly bottomless pocketbook — might be setting itself…
The Editor Speaks: First impressions last longest
I was very pleased to hear Cayman’s Deputy Governor, Franz Manderson, tell the new group of immigration recruits that they will be the very first government workers that visitors will see when they arrive in the Cayman Islands. He told…
China could help with Argentina’s $1.5B debt
By Chaka Phillips “A look at China’s impact on Latin America and the Caribbean Region” China and Latin America’s business arrangement seems to go as far back as 2000. Now China’s influence is growing not just in Latin American countries,…
