Cayman Court authorises JPLs to move forward with restructuring of LDK Solar’s offshore liabilities
April 4, 2014 LDK Solar Co., Ltd. in provisional liquidation (“LDK Solar” or the “Company”) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited (“the JPLs”) are pleased to confirm that, on April…
To evade taxman, hop on a bike [don’t stash cash in Caymans]
By Catey Hill, MarketWatch Sen. Chuck Schumer proposes tax break for bike commutes What does using a bike-share program have in common with stashing cash in the Cayman Islands? Both may soon be tax shelters. U.S. Senator Chuck Schumer (D-New…
Oil boss urges overhaul of Brent oil price benchmark
By Jamie Robertson From BBC World News A growing number of experts are saying a wider range of crude oil types should be introduced to form a truer benchmark than Brent has become The head of the world’s largest oil…
Health of justice system synonymous with society it serves says McGowan
Text of the 2014 Grand Court Guest Lecture presented on Thursday 3rd April 2014 by Ms. Maura McGowan Q.C. CRIMINAL LAW – THE CHALLENGES NOW AND IN THE YEARS AHEAD GRAND COURT CAYMAN ISLANDS Public confidence in a State’s ability,…
Despite climate warnings, Exxon plans to burn through oil and gas reserves
By Andrew Freedman From Mashable On the same day that the U.N. Intergovernmental Panel on Climate Change (IPCC) released its new report warning that global warming will raise the risks of a host of potentially costly and deadly consequences, from…
The Editor Speaks: Disability Draft Bill raises awareness
The long awaited Cayman Islands National Disability Policy for 2014-2033 has been drafted and is available for public debate. Please see our lead story in today’s iNews Cayman “Draft National Disability Policy published and feedback sought” and “Cayman’s new disability…
ATO win on treaty interpretation and valuation principles
By Chris Kinsella Maddocks Australia, Cayman Islands This morning (3), the Full Federal Court found in favour of the Commissioner of Taxation over the capital gains tax on a $58 million gain made by a Cayman Islands fund in Australian…
Islamic Finance Group meetings set to meet bi-annually
GRAND CAYMAN, Cayman Islands – The Global Finance and Investment Group, to which Premier Hon. Alden McLaughlin has been appointed, has agreed to meet bi-annually. Mr. McLaughlin travelled to London last month with Home Affairs Chief Officer Eric Bush and…
Noah Education Holdings Ltd. enters into Definitive Merger Agreement for Going Private Transaction
SHENZHEN, China, April 2, 2014 /PRNewswire/ — Noah Education Holdings Ltd. (“Noah” or the “Company”) (NYSE: NED), a leading provider of education services in China, today announced that the Company has entered into a definitive Agreement and Plan of Merger…
Bahamas hosts third Caribbean conference on international financial services
NASSAU, Bahamas — The Caribbean Export Development Agency (Caribbean Export), in partnership with the government of The Bahamas on Monday commenced a three-day high profile summit: The Third Caribbean Conference on the International Financial Services Sector in the Caribbean region…
