ELP Law revision and contracts by 3rd party beneficiaries
By Mel Wheaton | DLA Piper – Emerging Growth and Venture Capital Contact, From JDSupra Business Advisor Cayman Islands revise Exempted Limited Partnership [ELP] law and pass new legislation allowing enforcement of contracts by third party beneficiaries Earlier this month…
Caribbean Overseas Territories meet with UK networking specialists
By: BVI, Press Release April 30, 2014 – Overseas Territory Representatives from the British Virgin Islands, Bermuda, Montserrat, The Cayman Islands and Anguilla met with United Kingdom (UK) business networking specialists, CaribDirect International Business Network (CIBN) in London on Thursday…
A legal overview of M&A in the Cayman Islands and British Virgin Islands
Article by Nick Evans, Suzanne Correy, Michael Gagie and Matthew Gilbert Maples and Calder Against global trends, gradual growth in both the Cayman Islands and the British Virgin Islands (“BVI”) merger and acquisition (“M&A”) activity continued through 2013, led by…
Taubman closes on $320M loan for Mall of San Juan
By Kevin Mead From Caribbean Business Taubman Realty Group has closed on a $320 million loan from U.S. Bank to finance the development of The Mall of San Juan, a 650,000-square-foot shopping and entertainment complex being built in the Puerto…
Fitch affirms Seagate’s IDR at ‘BBB-‘; Outlook Stable
NEW YORK, May 01, 2014 (BUSINESS WIRE) — Fitch Ratings has affirmed the ratings on Seagate Technology plc (Seagate) and its subsidiary, Seagate HDD Cayman, at ‘BBB-‘, including the long-term Issuer Default Ratings (IDRs). The Rating Outlook is Stable. A…
A quick guide to the Cayman Islands’ Confidential Relationships (Preservation) Law (2009 Revision)
From Mourant Ozannes The Confidential Relationships (Preservation) Law (2009 Revision) (CRPL) seeks to maintain the confidentiality of commercial activities that take place in or in connection with the Cayman Islands, while also providing for the disclosure of confidential information through…
This T-shaped thingamabob is The Hands-Free Version of Waze For Cyclists
By Rebecca Borison From Business Insider When Piet Morgan was in college, he decided he was going to ride his bike across the country from New York to San Francisco. He had been an avid cyclist since he was a…
May and Mothers at Camana Bay
MAY EVENTS AT CAMANA BAY Camana Bay, Grand Cayman (30 April 2014): From a photo session to capture that rare and wonderful mother’s love to perusing an eclectic art exhibit by several artists to creating your own chalk art on…
1MDB funds back home
By Zuraimi Abdullah From Business Times FULL CONTROL: Investments to be made in appropriate energy projects and real estate 1MALAYSIA Development Bhd (1MDB) says substantial portions of its overseas funds have gradually made their way back to Malaysia to be…
iNews Briefs
Passport security loans in Cayman Officers of the George Town CID are investigating a suspect who has been loaning monies to persons on a high interest rate and holding their passports as security for the loans. When they defaulted on…
