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47 Cuban migrants spotted in Cayman waters

By Juan O. Tamayo From Miami Herald At least 47 Cuban migrants aboard three boats have been spotted since Friday in the territorial waters of the Cayman Islands, a British possession 125 miles off the southeaster coast of the communist…

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Consolidated Water Co. Ltd. to host third quarter conference call on Wednesday, November 13, 2013

GEORGE TOWN, GRAND CAYMAN, CAYMAN ISLANDS, Nov 05, 2013 (Marketwired via COMTEX) — Consolidated Water Co. Ltd. CWCO +3.64%  , which develops and operates seawater desalination plants and water distribution systems in areas of the world where naturally occurring supplies…

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Ogier: Close-out netting and set-off provisions Cayman Islands

Close-out netting and set-off provisions for BVI, Cayman Islands, Guernsey, Jersey and Luxembourg counterparties Introduction Ogier is counsel to the International Swaps and Derivatives Association, Inc. (“ISDA”) in Guernsey and Jersey and provides netting and collateral opinions which are available…

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Sidley Austin adds investment funds partner

United States funds Hedge Timothy A Spangler has joined Sidley Austin in Los Angeles as a partner and member of Sidley’s global investment funds, advisers and derivatives practice. Spangler brings extensive experience in advising clients on an array of investment…

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Guardian Group rewrites Caribbean insurance code

From World Finance Financial regulation is changing all over the world, but Guardian General Insurance, which pre-empted the crisis by focusing on good governance before it hit, now has a head start on its industry rivals Financial regulation is changing…

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Fong, Thompson to lead MaplesFS Singapore

The Maples group has launched a full-service MaplesFS in Singapore Eastern Fong, regional head of fund services in Asia, will lead Maples Fund Services (Singapore), which will provide middle-office, data aggregation/reporting and fund administration services to Singapore-domiciled funds established by…

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New appointment at Carey Olsen Cayman Islands

Sophia Harrison has joined Carey Olsen’s Cayman Islands office as an associate in the litigation and dispute resolution group. Ms Harrison specialises in commercial litigation, banking and finance litigation and restructuring and insolvency. She represents both international and domestic clients…

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The Editor Speaks: Will the dark and terrible secrets of Tempura be disclosed?

Up until now even the decision is secret! Evans is angry!! With lawyers from the governor’s office trying to keep a lid over the decision by the Freedom of Information (FOI) Commissioner, Jennifer Dilbert, to release the controversial report relating…

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Is the “M” Storm Forming ??

Blog From Isabel Cerni Caribbean Hurricane Network Sun Nov 3 2013 By the looks of it, and from what I heard this morning, I would say “yes”! There is a 10% chance of this system, which has been dumping flooding…

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Cayman Islands: Madoff directors “Vindicated” by English High Court

Article by Ian Huskisson and Anna Peccarino, From Travers Thorp Alberga This important case confirms that it is not a breach of duty for a director to “defer” to the views of others, nor does a director have to resign…