June 4, 2023

WTTC predicts world’s travel and tourism industry will grow by 2.8% in 2012

Jane van der Bol, the Executive Director of the Cayman Islands Tourism Association (CITA) attended the 50th Anniversary of the Caribbean Hotel & Tourism Association (CHTA) meeting in Montego Bay, Jamaica June 15 and 16, 2012. The report by the World Travel & Tourism Council (WTTC) predicts that the world’s travel and tourism industry will […]

Premier replies to Miller over NRA-Government-Dart Agreement comments

Statement by Premier McKeeva Bush in response to comments by Ezzard Miller regarding NRA-Government-Dart Agreement Date: 10 July 2012 Ladies and gentlemen, the Opposition… in main Mr. Ezzard Miller and other opponents of our agreement with the Dart Group of Companies to build roads, to build schools, to build public beaches are spreading information that […]

Lions Club of Grand Cayman elects new President

Lions Club of Grand Cayman  (LCGC)  members elected Ian Callow as president at their recent change over luncheon.  Callow accepted the Presidency of one of the longest extant service clubs in the Islands and promised to uphold the values that the Lions are known for throughout the community. He emphasised the vibrancy that teamwork brings […]

Kobre & Kim opens Cayman Islands office

Kobre & Kim, the conflict-free litigation boutique focusing on cross-border disputes, has announced the opening of an office in the Cayman Islands. Leading the firm’s initiative in the Cayman Islands will be James Corbett QC, an English Queen’s Counsel with extensive experience in the Caribbean and other offshore jurisdictions, and James Stenning, who has focused […]

Hedgeweek Guide to setting up Alternative Investment Funds – June 2012: Cayman Islands

by Harney Westwood & Riegels on 7/9/2012 Originally published in the FOCUS REPORT: Hedgeweek Guide to setting up Alternative Investment Funds Jun 2012 www.hedgeweek.com. The Cayman Islands is a leading jurisdiction for the formation of alternative investment funds. In the Cayman chapter of the 2012 Hedgeweek Guide to Setting Up Alternative Investment Funds Marco Martins […]

$1,397,000 public money wasted for a vacant lot

Alastair Swarbrick, Cayman Islands Auditor General, in his latest report we highlighted last week, made especial mention of the poor management procedures the previous administration, the People’s Progressive Movement (PPM) had implemented resulting in over 5 million dollars on what was supposed to be the Beulah Smith High School in West Bay. The Auditor General […]

The Mayor of Silicon Valley by Paul McGowan

Paul McGowan is the CEO and co-founder of PS Audio Inc. a Boulder Colorado design and manufacturing company of high-end audio products and services. McGowan has been designing and building high-end products for nearly 40 years. Hobbies include skiing, music, hiking, artisan bread baking, kick boxing and cooking. He lives in Boulder Colorado with his […]

STEP Announces New Officers

The Cayman Islands branch of the Society of Trust and Estate Practitioners (“STEP”) recently announced its officer elections following the annual general meeting held in June. Maples and Calder trust partner, Nigel Porteous, secured the honourable position of Chairman, succeeding Carlos Pimentel, who served for three years in the post. Mr. Porteous is a good […]

Manchester United file out-of-date accounts for share offer

Manchester United’s Champions League final defeat against Barcelona in 2011 will be reflected in the accounts filed with the New York Stock Exchange. Photograph: Tom Jenkins for the Guardian The Glazer family‘s timing for floating Manchester United is facing criticism from some analysts who argue the Glazers are deliberately avoiding having to present United’s expected […]

Why we should learn from the Quakers

This excellent article written by Richard Murphy that appeared on the Tax Research UK website asks the question, “Why did Barclays work as a Quaker bank?” Quakers seem to be in vogue at the moment. John Plender wrote about them in the FT last week; Aditya Ckakrabortty has done so today in the Guardian. Both, admittedly, […]