Target suffers new blow in data breach case
By Scott Flaherty, From The Litigation Daily Just weeks after Target Corp. failed to escape claims that it’s liable for a massive data breach that cost banks billions of dollars, a judge refused to dismiss most of a proposed consumer…
Cisco escalates patent case against Arista
By Scott Graham, From The Recorder SAN FRANCISCO — Cisco Systems Inc. expanded its intellectual property litigation against competitor Arista Networks Inc. to the U.S. International Trade Commission on Friday, while Arista slammed Cisco’s “armies of lawyers and P.R. agents”…
Lamborghini Huracán Supercar
Here’s everything you need to know about the Lamborghini Huracán Supercar From Business Insider The all-new Lamborghini Huracán supplants the Gallardo, the most popular Lamborghini model ever. The Huracán was introduced this March at the Geneva Motor Show. Powered by…
Phillips calls for more int’l support for Caribbean region
From Jamaica Observer KINGSTON, Jamaica — Finance and Planning Minister, Dr Peter Phillips, has cited the need for a “new agenda” of support for Jamaica and other Caribbean states by key international stakeholders. Dr Phillips said that the support is…
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iNews Briefs
Cayman Islands man pleads guilty in boating incident Richard Morrison Stein pleaded guilty to causing damage to another vessel, Miss Michelle, in the Cayman Islands Summary Court last Tuesday (16). Stein admitted he was navigating the vessel, The Flying Scotsman,…
Finance CEO announced for Cayman Islands
Cayman Finance has announced the appointment of Mr Jude Scott as its new Chief Executive Officer. Mr Scott has led a highly distinguished career within the financial services industry of over 25 years and his appointment will be well received…
Cayman rebuffs calls for public registry of beneficial owners
From Cayman Funds A consortium of Caribbean countries led by the Cayman Islands has rebuffed attempts to force them to establish a publicly accessible registry of private companies’ beneficial owners. The rejection of the idea was delivered by the territories’…
Cayman boasts diversification within financial services
From Cayman Funds While specific sector such as financial services and tourism tend to dominate economic activity of many Caribbean countries, some, including the Cayman Islands, have achieved diversification within financial services, Cindy Scotland, managing director of the Cayman Islands…
Cayman Enterprise City contributes $20Million to Cayman Islands economy during past 12 months
CEC more than doubled the number of companies in the zone, exceeding 2013 goals; zone stats show newcomers spent millions locally George Town, Grand Cayman (Dec 18th, 2014) – Cayman Enterprise City, Cayman’s knowledge-based special economic zone, has contributed an…
Perfect partnerships – Singing the praises of Cayman Islands ELPs
From hedgeweek By Nicholas Butcher, Maples & Calder – Cayman Islands exempted limited partnerships (“ELPs”) are currently riding the crest of a wave. Consistently a popular form of investment vehicle for hedge and especially private equity funds, 2013 saw a…
