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Aging UHNW population looks to Caribbean for wealth protection: report
By Joe McCarthy From Luxury Daily A confluence of positive developments is recasting the Caribbean as one of the top regions for ultra-high-net-worth consumers looking for sound investments, according to a new report by Wealth-X. Barbados in particular is a…
Harney’s expands global funds team with addition of Cayman Islands funds partners
Harneys is delighted to announce the recruitment of two partners and one senior associate to the firm’s investment funds practice in the Cayman Islands. Ian Gobin, Matthew Taber and Jonathan Bernstein are leaving Appleby and will join Harneys in the…
This 1998 supercar could auction for $15 million
By Emma Fierberg From Business Insider This August, a 1998 McLaren F1 is estimated to sell for $15 million at RM Sotheby’s Monterey sports car auction. This sum would set a record for the most money ever paid for a…
The Nicaragua Canal and China’s naval presence in the Caribbean
From Wikistrat This month, Wikistrat ran a three-week forum about the construction of the Nicaragua Canal and its impact on shipping and international relations. Analysts discussed the possibility that China might be involving itself in the construction and management of…
Cayman Islands: The Ever-Changing Regulatory Landscape
By Simon Thomas, Senior Associate, Campbells The Cayman Islands continues to hold its place as the preeminent offshore jurisdiction for those looking to establish an international investment fund or to efficiently structure cross-border transactions. Its relentlessly proactive approach has ensured…
Cayman Islands outpost of Michael’s Genuine Food & Drink to close
After 5 years bringing fresh, simple, pure to the Cayman Islands, a curtain call for Michael’s Genuine Food & Drink’s Grand Cayman outpost GRAND CAYMAN — June 23, 2015 — A week after Michael’s Genuine Food & Drink marked its…
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iNews Briefs, More & Community Events
Community Events Grand Court Jurors Report Date Changed The Grand Court jury report date has been changed. Grand Court Jurors who are in the 1 April – 30 June 2015 session are now to report on Monday, 29 June 2015…
Triple C students experience surveying first hand in the Cayman Islands
On Thursday, June 11th, Erick Cronier Ltd Survey Company visited Triple C’s Grade 10 & 11 Math class where the students were able to apply their learning of Trigonometry to survey a property. The students received first hand application of…
Highland Therapeutics announces closing of US$50 Million financing
TORONTO–(BUSINESS WIRE)–Highland Therapeutics Inc. (“Highland”), a pharmaceutical company, today announced it has completed a US$50 million financing, consisting of a US$25 million offering of Class A Common Shares and a US$25 million credit facility provided by Citibank, N.A. The equity…
Cayman Islands tourism association issues statement on proposed berthing facility
The Cayman Islands Tourism Association (CITA) in its role as the private sector voice of the hospitality industry fully recognizes the importance of the cruise industry to the overall economy of the Cayman Islands. Ongoing sustainable development, where a balance…
