Liquidator comments on 4mil claim against Ashcroft Company
Chris Johnson, the court appointed liquidator of Hadsphaltic on being interviewed said this could be good news for Hadsphaltic because Johnston owes the company a lot of money. He could not be drawn into saying how much of the Hadshpaltic…
Walkers expands London based restructuring practice
Leading international law firm Walkers is pleased to announce Senior Counsel, John O’Driscoll, has moved to the Firm’s London office to drive the ongoing expansion of Walkers’ Global Insolvency and Corporate Recovery practice. In his new role John will use…
Lending & Secured Finance Guide 2014: Cayman Islands
Article by Alasdair Robertson and Tina Meigh, Maples and Calder 1 Overview 1.1 What are the main trends/significant developments in the lending markets in the Cayman Islands? There have been no changes to the Companies Law (2013 Revision) of the…
BF&M records $25.2m profit for 2013
By Don Burgess, Deputy Editor BDA Sun BF&M has reported a profit for 13 straight years after recording net income of $25.2m for 2013. Shareholders’ net income for the comparative period of 2012 was $21.9 million. President and CEO, John…
O2Micro reports first quarter 2014 financial results
GEORGE TOWN, Grand Cayman, April 30, 2014 (GLOBE NEWSWIRE) — O2Micro® International Limited (Nasdaq:OIIM), a global leader in the design, development and marketing of high-performance integrated circuits and solutions, reported its financial results today for the first quarter of 2014,…
Taiwan Stock Exchange investigating Asia Plastic Recycling [reg in Cayman]
From The China Post TAIPEI–The Taiwan Stock Exchange (TWSE, 證交所) sent three people to China Tuesday to further investigate Asia Plastic Recycling Holding Ltd. (亞塑再生) after a recent research report accused the company of falsifying its financial records. Taiwan’s Financial…
Greenlight Capital Re to Release First Quarter 2014 Results
GRAND CAYMAN, Cayman Islands, April 30, 2014 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (Nasdaq:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands and Ireland, today announced that it expects to release financial results for the first…
A Caribbean obsession: The United States’ endless campaign to destabilize Cuba
By Harold Green From San Francisco Bay View The recent revelations about the USAID’s farfetched scheme to foster a popular anti-government protest movement by infiltrating Cuba’s mobile phone network perhaps bring full circle America’s 55-year campaign to destroy the Cuban…
RBC sanctioned in New York court in stock-manipulation case
From Sun News, JEAN-FRANCOIS CLOUTIER | QMI AGENCY MONTREAL – RBC withheld documents that could shed light on alleged “massive” fraud at its subsidiaries in the Cayman Islands and the Bahamas, QMI Agency has learned. US District Court Judge Alvin…
Ironwood not asking for any concessions
GEORGE TOWN, Grand Cayman, 29 April 2014: Ironwood developers congratulate the National Trust, the National Roads Authority and the Ministry of Planning for their agreement regarding the new route of the East West Arterial extension and are pleased to have…
