BitGold announces acquisition of GoldMoney
By GoldMoney Newsdesk We would like to advise you that on Friday 22 May BitGold Inc., a publicly traded Canadian company, entered into an acquisition agreement to purchase the operations and intellectual property of GoldMoney Network Limited and its subsidiaries…
Lumber Liquidators mired in shareholder lawsuits
By Amanda Bronstad, From The National Law Journal Lumber Liquidators Holdings Inc., whose stock has plummeted since a “60 Minutes” exposé revealed that its hardwood laminate flooring products contained illegal levels of formaldehyde, is fending off a raft of shareholder…
The [US] au pair program is broken and here’s how they plan on fixing it
By Celia Ampel, From Daily Business Review Two Fort Lauderdale lawyers hope to help raise wages for au pairs across the country through a class-action suit. Boies, Schiller & Flexner attorneys Sigrid S. McCawley and Lauren Fleischer Louis are part…
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Law firm supports Cayman Islands marine institute
Stuart Walkers Hersant Humphries supports CCMI’s long term monitoring programme and CREWS2 maintenance LITTLE CAYMAN July 21, 2015- Law firm Stuarts Walkers Hersant Humphries has recently announced its $15,000 commitment to supporting the Central Caribbean Marine Institute’s long-term monitoring programme…
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iNews Briefs, More & Community Events
Community Events Lutheran pastor to speak at Men’s Breakfast Meeting The Grand Cayman chapter of the Full Gospel Businessmen’s Fellowship International holds its monthly breakfast meeting this Sat. July 25th at the Upper Crust restaurant, Caymana Bay. The guest speaker…
New time limits for Cayman Islands D&O notifications
From Solomon Harris A Cayman Islands Bill proposes extending the time limit to register changes in directors and officers with the Registrar of Companies by thirty days. It also proposes changes to the penalties payable for any default, including limits…
Kingston Properties to Launch US$8m Rights Issue next week
By Camilo Thame From The Jamaica Gleaner Kingston Properties Limited (KPREIT) plans to launch-rights issue next Wednesday, hoping to raise US$8 million ($940 million). “We will be launching with the option to upsize,” KPREIT Executive Director Fayval Williams told the…
HBO sets new record in the Primetime Emmy® Awards with 126 nominations
Game of Thrones leads all programming with 24 nominations Miami, FL – July 20, 2015 – For the 15th year in a row, HBO received the most nominations for the upcoming Primetime Emmy® Awards with a total of 126 nominations,…
Appaloosa Management and CQS Cayman add new stakes in JetBlue
By Santiago Solari from Market Realist JetBlue outperforms its peers At a broad level, institutional investors were bullish on JetBlue Airways (JBLU) in 1Q15. The US airline industry is in its best shape financially due to the cheaper availability of…
Gadget of the week
Jawbone’s new $200 UP4 doubles as an American Express Card By Greg Kumparak From techcrunch After a few delays, Jawbone’s UP3 fitness tracker is finally set to hit the delivery trucks early next week. And yet… it already has a…
