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Regal Cinema Camana Bay can extend Sunday hours

An amendment to the Cinematograph Law – see attachments – has meant Cayman Islands only cinema, The Regal, Camana Bay, can now show movies until midnight on Sundays instead of having to stop at 9pm. This will mean they can…

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John Doe Summonses includes accounts from Bank of Butterfield

From JDSupra Law News Voluntary Disclosures Lead to John Doe Summonses for Information about U.S. Accounts at Zurcher Kantonalbank and Bank of Butterfield In a sign that the U.S. government continues to aggressively seek information on U.S. taxpayers with non-U.S….

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A.M. Best assigns Debt Rating to XLIT Ltd.’s Senior Unsecured Notes

OLDWICK, N.J.–(BUSINESS WIRE)–November 19, 2013– A.M. Best Co. has assigned a debt rating of “bbb” to the USD 600 million senior unsecured fixed rate notes issued by XLIT Ltd. (Cayman Islands) and guaranteed by XL Group plc (XL) (Ireland) [NYSE:XL]….

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Cayman National [Isle of Man] acquires HL Fiduciaries Limited

By Stephen Ritch From Isle of Man.com Cayman National acquires HL Fiduciaries Limited Cayman National Bank and Trust Company, based in Hope Street, Douglas, has completed the acquisition of the clients of specialist fiduciary  service provider HL Fiduciaries Limited, from…

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Farmington Convention and Visitors Bureau redacts names of those suspected of benefiting from embezzlement

By Dan Schwartz The Daily Times FARMINGTON — A form letter written for the Farmington Convention and Visitors Bureau and sent to people believed to have benefited from a nearly half-million dollar embezzlement scandal assured the recipients that their names…

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Conyers co-sponsors ABA seminar ‘The Pros and Cons of Offshore Centres’

From The Lawyer Conyers Dill & Pearman has announced that it is co-sponsoring the American Bar Association Section of International Law’s upcoming seminar, The Pros and Cons of Offshore Centres. Held on 16–17 of January 2014 at the Westin Grand…

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Babcock & Brown executives broke law, writ alleges

By Ben Butler The Sydney Morning Herald Former Babcock & Brown chief executive Phil Green and other executives of the failed merchant bank breached corporate law by putting the company’s desire for millions in fees ahead of the interests of…

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The Editor Speaks: Simply appalling

Two aerial photographs published on CNS on Monday (18) show the extent to which landowner Rene Hislop under RC Estates has reclaimed land for the residential development on the waterfront in South Sound. The South Sound activists, mainly residents there,…

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CIA collecting data on International Money transfers

From Moneynews The U.S. Central Intelligence Agency is collecting records of international money transfers under the same law that the National Security Agency uses to collect Americans’ phone and Internet records, The New York Times and Wall Street Journal reported….

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Appleby engaged by Cayman Islands Government on Cruise Berthing Activity

Article by Norman Klein and Simon Raftopoulos, Appleby The Cayman Islands Government has recently approved the Outline Business Case (OBC) for a new two finger pier berthing facility to accommodate cruise ships in George Town. Appleby have been engaged by…