Lobbyists adamant Jamaica missing out trends surrounding ganja use
From CVMTV Local ganja lobbyists have embarked on a drive to fan more flames on the public debate surrounding the decades old push to decriminalize the use of marijuana. Ahead of a local major conference on ganja, the lobbyists are…
A.M. Best affirms ratings of Cayman’s Radius Insurance Company
OLDWICK, N.J. — A.M. Best Co. has affirmed the financial strength rating of A (Excellent) and issuer credit rating of “a” of Radius Insurance Company (Radius) (Cayman Islands). The outlook for both ratings is stable. The ratings of Radius are…
“Cruise with Heart” to Cayman may raise $1M to help build healthier lives
Princess Cruises Announces Benefit Cruise to Support American Heart Association “Cruise with Heart” Expected to Raise $1 Million to Help Build Healthier Lives SANTA CLARITA, Calif., June 17, 2013 /PRNewswire/ — Princess Cruises is celebrating CPR awareness during the month…
New Governor announced for Cayman
The Foreign and Commonwealth Office has today announced that Mrs Helen Kilpatrick CB has been appointed Governor of the Cayman Islands in succession to Mr Duncan Taylor CBE. Mrs Kilpatrick will take up her appointment during September 2013. Mrs Kilpatrick…
CIAA chairman resigns after Moses’ letter
Embattled chairman of the Cayman Islands Airports Authority (CIAA), Richard Arch, has resigned after being asked to do so by new Minister of Tourism Moses Kirkconnell. Arch confirmed he had been asked to resign and said he would not seek…
Cayman Islands Court of Appeal finds jurisdiction to grant freestanding Mareva relief against a non-party
From Conyers Dill & Pearman In VTB Capital v Universal Telecom Management and another (Judgment 4 June 2013), the Court of Appeal held that the Cayman Islands Court has jurisdiction to grant a Mareva injunction against a non‐party resident in…
EnergyAustralia may move to Cayman Islands
From Sydney Morning Herald Could control of troubled electricity and gas retailer EnergyAustralia move from Hong Kong to the Cayman Islands? CBD hears talk that Hong Kong’s China Light and Power, which owns EnergyAustralia, is considering a trade sale, possibly…
World Bank issues warning on Caribbean growth
From Caribbean360 WASHINGTON D.C., United States – The World Bank has warned that growth in the Caribbean “will be held back” by large fiscal adjustments necessary to bring fiscal deficits to sustainable levels and help reduce public debt burdens. “Growth…
Seagate HDD Cayman completes Cash Tender Offer
Seagate Technology Announces Successful Completion of Cash Tender Offer for Outstanding 7.75% Senior Notes Due 2018 and 6.80% Senior Notes Due 2016 CUPERTINO, CALIF. — Seagate Technology plc (NASDAQ: STX) gave notice of the completion of the cash tender offer…
If you think government officials waste your money………
There has been much published in Cayman’s media concerning the number of trips our senior government officials have made over the past four years. Ex ministers McKeeva Bush and Juliana O’Connor-Connolly have come in for the most criticism. However,…
