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CUC announces declaration of dividend on Class A Ordinary Shares

PR Newswire February 11, 2015: 06:22 PM ET CARIBBEAN UTILITIES COMPANY, LTD. CLASS A ORDINARY SHARES ARE LISTED FOR TRADING IN UNITED STATES FUNDS ON THE TORONTO STOCK EXCHANGE. GRAND CAYMAN, Cayman Islands, Feb. 11, 2015 /CNW/ – Caribbean Utilities…

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First black-owned theater faces uncertain future

By Vinette K. Pryce from Caribbean Life The first major snowstorm of 2015 may have been a blessing to organizers of a movement dedicated to promoting the Harlem culture. On the date, three feet of snow was predicted to dump…

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China’s Yuan will rival US dollar globally

By Sir Ronald Sanders From Caribbean360 BRIDGETOWN, Barbados, Friday February 6, 2015 – Within the next ten years the world community should expect China’s Yuan (also called renminbi) to be as widely used as the United States dollar. For almost…

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Bank leak reveals billions from Caribbean stashed in Switzerland

From Caribbean News Now By Caribbean News Now contributor WASHINGTON, USA — The International Consortium of Investigative Journalists released a report this week revealing billions of dollars held in nearly 60,000 internal Swiss bank documents from 2006 to 2007 leaked…

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Portfolio Insurance Companies in the Cayman Islands

By Piers Dryden From Ogier The Cayman Islands legislature recently enacted The Insurance (Portfolio Insurance Companies) Regulations, 2015 and related sections of The Insurance (Amendment) Law, 2013. Rationale To address market demand to broaden the statutory framework and confer upon…

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DLA Piper Associate found dead in DC Hotel

By Zoe Tillman, From Legal Times The man found dead in a downtown Washington hotel earlier this week was identified by D.C. police as DLA Piper associate David Messerschmitt. Messerschmitt was found unconscious and unresponsive on Tuesday about 11:15 a.m….

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Cayman Insurance law amendments enhance captive flexibility

By Norman G. Tabler, Jr. From Faegre Baker Daniels On January 16, 2015, the Cayman Islands published new insurance regulations affecting portfolio insurance companies (PICs). The regulations are designed to provide more flexibility to insurance companies incorporated as segregated portfolio…

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West Kendall Baptist Hospital named a Diagnostic Imaging Center of Excellence

West Kendall Baptist Hospital has received recognition from the American College of Radiology (ACR) for its outstanding diagnostic imaging efficiency, safety and high-quality patient care. The hospital is the first in South Florida, and among the first in the nation,…

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Official logo and name unveiled for debut of Scotiabank CONCACAF Champions League

Competition resumes later this month with quarterfinal action upcoming in five countries MIAMI, FL (Tuesday, February 10, 2015) – The Confederation of North, Central American and Caribbean Association Football (CONCACAF) and Scotiabank unveiled today the logo and official name of…

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Cayman Islands notorious Operation Tempura back in court When will the Cayman Islands be free from the enormous debt Operation Tempura has caused the country? Who knows? Operation Tempura is back in the Cayman Islands court again with the governor’s…