Cayman Islands: LDK Solar announces successful conclusion of provisional liquidation
We, LDK Solar CO., Ltd., in provisional liquidation, and our joint provisional liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited (“JPLs”), today announced that on April 7, 2015 the Grand Court of the Cayman Islands ordered…
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Origins of Cayman Islands’ ‘Tax Free’ Status, where it’s now and where it’s going.
From Milestone Chestertons Properties Cayman The Wreck of the Ten Sails. There are numerous stories tied to this infamous shipwreck that praises the fortitude and heroism of the Caymanian people. Nearly all stories end with the awarding of ‘tax free’…
Writ of Summons issued by Cayman Islands finance company against former Managing Director
A Writ of Summons has been issued by DMS Bank & Trust Ltd and DMS Organization Ltd against Jazeb Jones. The following are excerpts from the Summons: STATEMENT OF CLAIM Introduction 1. The Plaintiffs are affiliated companies within a group…
CWC closes acquisition of Columbus, promises further Caribbean investment
By Narayan Ammachchi From Nearshore Americas After nearly five months of lobbying governments across Caribbean, British telecom giant Cable and Wireless Communications (CWC) has finally announced that it has completed a US$1.85 billion acquisition of Columbus International, one of the…
Fox partners with Andy’s Rent-A-Car in Cayman Islands
From Auto Rental News Fox Rent-A-Car has partnered with Andy’s Rent-a-Car, a family owned and operated car rental company in the Grand Cayman Islands. Starting in April, the two companies will team up to provide a larger fleet at two…
Undeterred by felony charges, ex-Troutman Sanders partner starts own practice
By Nell Gluckman, From The Am Law Daily Why let nine felony charges stop you from opening your own law firm? So seems to be the thinking behind former Utah Attorney General Mark Shurtleff’s decision to unveil the Shurtleff Law…
Imagine how crazy Times Square will be with ads in 3-D
By Adam K. Raymond from New York Mag If you consider Times Square an oversaturated assault on the senses today, you’re really going to want to stay away in the future. Especially if Vienna-based TriLite Technologies succeeds in making three-dimensional…
Russian hackers reached White House, State Dept. computers
By Greg Richter From Newsmax Russian hackers have been able to penetrate the White House’s computer system and see non-classified emails, CNN reports. The hack didn’t get access to classified materials, government sources told CNN, but still was able to…
WSJ: Big-time speculators, investors getting involved with Bitcoin
From Newsmax Bitcoin, the dominant digital currency, continues to gain traction, despite the currency’s 74 percent decline since November 2013. Big-time traders and investors are starting to participate in the bitcoin market, The Wall Street Journal reports. The list of…
Herbalife feud with Bill Ackman continues
By Sarah Roden By Guru Focus It seems that Herbalife (HLF) cannot escape the scrutiny of activist investor Bill Ackman (Trades, Portfolio) and his hedge fund, Pershing Square Capital Management. Herbalife, the weight loss product distributor, is incorporated in the…
