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Former CEO of BVI firm indicted for allegedly bribing government officials

From Caribbean360 WASHINGTON D.C., United States, CMC – The United States Department of Justice (DOJ) says the former co-chief executive officer of PetroTiger Ltd – a British Virgin Islands (BVI) oil and gas company with operations in Colombia and offices…

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Apple and Google agree to dismiss all direct legal action between themselves

By Alex Wilhelm from Techcrunch Late today, Apple and Google announced that they have agreed to dismiss direct lawsuits aimed at one another, and will work together to help push patent reform forward. It’s a huge change for the two…

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Fitch Rates Seagate HDD Cayman’s Sr. Unsecured Notes ‘BBB-‘; Outlook Stable

NEW YORK, May 20, 2014 (BUSINESS WIRE) — Fitch Ratings has assigned a ‘BBB-‘ rating to Seagate HDD Cayman’s (Seagate HDD) proposed private placement of 10.5-year senior unsecured notes. The notes will be guaranteed by Seagate Technology plc (Seagate), the…

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Tower wins silver in prestigious advertising awards

GRAND CAYMAN (20 May 2014) – Cayman’s leading marketing communications company, Tower, is delighted to announce its win of a Silver award in the Magazine Design category of the Caribbean Advertising Federation’s (CAF) ADDY awards, for their innovative design of…

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Sexual abuse of children is under reported says Cayman’s Red Cross In a shocking disclosure by School Counsellor Sue Tressider she said the latest Red Cross “Protection Starts Here” campaign has shown 27 students at Clifton Hunter High School were…

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On Twitter, Herbalife Ltd. (HLF) uses “Herbalife Truth” to tell a lie

By Sam E. Antar from Value Walk One of the main concepts I teach about financial crimes is that fraudsters seek to create false images of stature and integrity in an effort to gain the trust of their potential victims….

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Cayman National ‘on track’ for continued success after celebrating 40th anniversary

By James Qualtrough From Isle News – Isle of Man The Cayman National Group chose the Isle of Man and the Steam Railway’s Pullman dining experience for its 40th anniversary celebrations. On an unseasonably warm evening in late April 60…

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Discovery in Cayman Islands

By Phillip Kite, Ian Mann, David Butler and Jayson Wood From Harneys When does an obligation arise? What has to be discovered and when? How is discovery given? Who is responsible for discovery? In this guide Harneys considers the scope…

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Caribbean security concerns heightened following Chinese Cyber-Espionage case

By Tracy From Atlanta Black An announcement on Monday[19] that a grand jury in the United States has indicted five Chinese hackers for cyber espionage and other offenses directed at the U.S. nuclear power, metals and solar products industries has…

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Pfizer, other companies accused of dodging taxes

By Lee Howard From The Day Top American companies including pharmaceutical giant Pfizer Inc. are saving at least $550 billion in taxes by holding profits in overseas tax havens, according to a report Monday by the advocacy group Citizens for…