Cayman collaboration: Using the Cayman Islands provisional liquidation procedure in support of US Chapter 11 Proceedings
By Aristos Galatopoulos and Caroline Moran, Maples and Calder Introduction Cross border insolvencies can pose significant challenges to practitioners aiming to conduct an orderly and cost efficient wind down or restructuring process. A single insolvency process is rarely sufficient to…
Small business relief package submitted to Government for consideration
The Chamber Council has written to the Ministry of Commerce recommending a series of cost reduction measures intended to provide immediate assistance to small businesses. The submission follows the public announcement by the Premier at the CEO conference on the…
Digicel asks regulator to investigate LIME
Consumers being unjustly charged for calls to LIME numbers Friday 14th March 2014 – Digicel is today asking the ICTA to launch an investigation into LIME’s call handling – which results in some consumers being unfairly charged. In November 2013,…
Corporate tax avoidance ‘scheme’ hurting Canada, expert says
By Talin Vartanian, From CBC News Country’s corporate tax rate sits at about 25 per cent As Canadians dutifully file personal income tax returns during the coming weeks, consider this: many profitable companies pay little or no tax. In an…
Breast Cancer and Wellness
The Breast Cancer Foundation offers support for breast cancer patients in the Cayman Islands The Breast Cancer Foundation recently announced a new wellness initiative. The catalyst for this initiative was a donation made to the Breast Cancer Foundation by a…
Let us focus research on what we do best
By Professor Errol Morrison “There are some things which we in the Caribbean will do best…and there are some things which only we in the Caribbean will want to do!” These are the words of Nobel laureate in economics, the…
iNews Briefs
FTC Investigating Herbalife By Chris Morran From Consumerist For more than a year, some have accused nutritional supplement company Herbalife of operating a pyramid scheme and called for federal authorities to investigate the business. Today, the company confirmed that it…
Government spends over $17,000 on Chatham House trip
Government releases cost of Chatham House trip GRAND CAYMAN, Cayman Islands – Government spent $17,437.70 on travel to London for a Chatham House Conference on Global Corruption and an appearance by Premier Hon. Alden McLaughlin on BBC’s HardTalk last month….
Ganja and colonialism
By Tennyson Joseph From Trinidad Express The ongoing Caribbean discussion on the decriminalisation of marijuana provides a telling but sad example of “policy capture” by external interests over decision-making in our Caribbean. Particularly worrying about the sudden wave of open…
Portrait of Thatcher
By Gordon J. Solomon The unique silver thatch is deep rooted into sand beds and rock formations on all three Cayman Islands. The “outer” side of the leaf, which faces the sun, is a verdant green while the opposite side…
