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Cayman to welcome third party rights rules

By Simon Raftopoulos and Liesl Richter From Appleby Currently under Cayman Islands law, a person who is not a party to a contractual agreement cannot enforce its terms directly, irrespective of whether the agreement expressly purports to grant to such…

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Cayman Court of Appeal clarifies the scope of the international co-operation provisions of the Companies Law

From Mount Ozannes The Court of Appeal (Chadwick, Mottley and Campbell JJA) delivered its judgment in the case of Picard (Trustee for the liquidation of Bernard L Madoff Investment Securities LLC) v Primeo Fund (in official liquidation) on 16 April…

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Founding Chief Executive Officer of Zulnet Nurulzulkarnain Ahmad starts Indiegogo Campaign to raise a listed Philanthropic Algorithmic Currency Hedge Fund.

Philanthropic Algorithmic Currency Hedge Fund Listed on Cayman Island Stock Exchange. 10% of all contributions towards this campaign will be donated to charities. Portsmouth, UK — (SBWIRE) — 04/25/2014 — Zulnet is an algorithmic currency trading and hedge fund management…

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LDK Solar Subsidiary signs Wafer Supply Agreement with Gintech Energy Corporation

GEORGE TOWN, Cayman Islands, XINYU CITY, China and SUNNYVALE, Calif., April 29, 2014 GEORGE TOWN, Cayman Islands, XINYU CITY, China and SUNNYVALE, Calif., April 29, 2014 /PRNewswire/ — LDK Solar Co., Ltd. in provisional liquidation (“LDK Solar” or the “Company”)…

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Press Conference & Special Delivery:

Press Conference & Special Delivery: With Hospitals Stashing Millions in Offshore Accounts, ‘Fat Cat’ CEO Mascot Delivers Beach Towels to Legislators to Join Him in Cayman Islands Advocates Urge Legislators to Pass “Hospital Profit Transparency & Fairness Act” BOSTON, April…

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State of the art microchip technology can save American merchants and consumers over $190 billion per year

Eliminating credit card, SIM card counterfeiting and fraud, with new self-authenticating microchips and cards ALEXANDRIA, Va. and GEORGE TOWN, Cayman Islands, April 24, 2014 /PRNewswire/ — DE SONNEVILLE INTERNATIONAL LTD. (“De Sonneville”, or the “Company”), announced today it has filed…

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Expats: have your say in the 2014 Expat Explorer survey

HSBC Expat is calling on all expats to share their experiences of living and working abroad in the seventh annual Expat Explorer survey which officially opens today. Expats from all over the world will have the opportunity to participate in…

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The Editor Speaks: When is sick leave really sick leave?

Having told you yesterday (Wed) that I have been and am still sick and hoping for scores of emails expressing sympathy or various ‘jungle’ remedies to cure me or even poison me, I then read of a government employee who…

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Loch Ness monster thought to have been captured on Apple Maps

From Caribbean360 LOCH NESS, Scotland, Thursday April 24, 2014 – Sightings of the legendary Loch Ness monster – the fabled prehistoric marine giant said to have survived for centuries in the large freshwater loch (lake) in the Scottish Highlands –…

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Caribbean and Central American countries teaming up for seismic and climate catastrophe risk coverage

From World Bank Since its creation seven years ago, CCRIF has made eight payouts amounting to US$32 million to help countries manage budget volatility in the aftermath of recent natural hazards. Nine countries in Central America and the Caribbean experienced…