Boy in burned-out car had been adopted months before
By Brian Platt From The Star Tyrese Sutherland, 10, was found dead with his adoptive father and brother after having finally left foster care in the spring Tyrese Sutherland lived as a foster child for years before finally finding a…
Citigroup settles with US government for $7 Billion
By Brendan Pierson, from New York Law Journal New York will get $182 million out of a $7 billion settlement between Citigroup Inc. and the federal government over the bank’s activity in the subprime mortgage market, which was announced Monday….
Nicaragua-Chinese partnership announces planned route for proposed inter-oceanic canal
From The Star Central America already has a canal – the famed Panama Canal – but Chinese businessman Wang Jing says he is going to build another. If it goes ahead, it will be a massive project with both supporters…
The Editor Speaks: Is it just me that thinks government officials don’t use plain common sense?
There are numerous cases over the years that have made me ponder whether some senior civil servants lack common sense. This seemingly loss in their mental abilities has cost us, the public a lot of money and time from their insanity…
Cayman Islands – regulation of funds
By Ingrid Pierce, Daniel Wood, Denise Wong, Anne Forbes-Harper and Thomas Granger From Walkers Cayman Islands Introduction The Mutual Funds Law was introduced to the Cayman Islands on 26 July 1993 and has been consolidated and revised in the Mutual…
The European Alternative Investment Fund Managers Directive and Cayman Funds
Article by Derbhil O’Riordan Taken from Cayman Finance Last Updated: 14 July 2014 The Alternative Investment Fund Managers Directive, 2011/ 61/ EU (AIFMD), came into force on 22 July 2013, affecting the management and marketing of Alternative Investment Funds (AIFs)…
The Aereo saga takes a weird turn, with a possible ally and shades of … Obamacare?
From Forbes When Aereo was arguing the case it ultimately lost before the Supreme Court, it went to great pains to argue it wasn’t a cable company. The Court, for its part, wasn’t having it. In its decision, it called…
Cayman Islands former London director cleared of lobbying
From Caribbean News Now LONDON, England — The Commissioner for Standards in the UK’s House of Lords has cleared the Cayman Island’s former London office director Lord Blencathra of breaking the rules by lobbying Parliament and MPs. The Commissioner has…
BVI’s mutual evaluation by CFATF/SEC protection for US investors
BVI’s National Risk Assessment scheduled By Aki Corsoni-Husain and Mirza Manraj From Harneys The British Virgin Islands (BVI) is scheduled to undergo its Fourth Round of Mutual Evaluation by the Caribbean Financial Action Task Force (CFATF) in 2017 based on…
The EEOC files hiring bias suits on its own initiative.
By Jenna Greene, The National Law Journal When the federal government sued Bass Pro Outdoor World for hiring discrimination, it offered statistics showing a dearth of minority employees, damaging comments from the retailer’s managers such as “we don’t hire niggers,”…
