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ERA, ICTA & WA appointments made

The Cayman Islands Government has gazetted the appointment boards of three authorities, the Electricity Regulatory Authority (ERA), the Information and Communications Technology Authority (ITCA) and the Water Authority (WA). The ERA Sherri Bodden-Cowan, Chair (existing member), Derrick Tibbetts (existing member),…

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Pilots seeks judicial review over CAL’s employment practices

By Laurel V Williams Sunday T&T Newsday Two local airline pilots have filed an application for leave in the High Court to apply for judicial review against the decision of Caribbean Airlines Limited (CAL) to hire and employ foreign nationals….

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Liquidation update on SPhinX Group of Companies

Notice to Creditors and Investors of The SPhinX Group of Companies From Krys Global NOTICE TO THE CREDITORS AND INVESTORS OF THE SPHINX GROUP OF COMPANIES (IN OFFICIAL LIQUIDATION) MONTHLY UPDATE – April 2013 Dated 23 August 2013 Background &…

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Only two CARICOM states ranked for encouraging female entrepreneurs

WASHINGTON D.C. United States – Jamaica and Trinidad and Tobago are the only Caribbean Community (CARICOM) states ranked among 20 Latin America and Caribbean countries that provide the best environments for female entrepreneurs. The Women’s Entrepreneurial VentureScope (WEVentureScope) index was…

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Venezuela to hike Petrocaribe interest rates

From Caribbean360 Under the Petrocaribe agreement, the 17 member countries buy Venezuelan oil at favourable rates and through a long-term financing agreement. CARACAS, Venezuela, Monday August 5, 2013 – The Venezuelan government is set to increase the interest rate it…

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Retirement investment programme attracting expats to Belize

by Ray Clancy From Expat Forum The Caribbean English speaking country of Belize is seeing an increasing expat population as retired people are moving there from Europe to benefit from an incentive programme, it is claimed. Only a few years…

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McField appeals Rivers ruling

Attorney Steve McField, representing John Gordon Hewitt, has appealed Cayman Islands Chief Justice Anthony Smellie’s judgment in the matter of MLA Tara Rivers eligibility to stand for office in the district of West Bay when he found in her favour….

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Royal Caribbean celebrates dual milestones for new cruise ships

BY MAREX From Maritime Keel Laying and Steel Cutting Ceremonies Held for new Quantum Class Royal Caribbean International took a major step this week in the development of the cruise line’s next generation of cruise ships when the first piece…

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SFC faces mainland China legal obstacle course on CMR

By Enoch Yiu From South China Morning Post The challenges for the regulator are piled high in the CMR case. The Hong Kong Securities and Futures Commission has had an initial win in its bid to wind up recycling firm…

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Chief Justice emphasizes safeguarding trust interests

At the 28th Annual Transcontinental Trusts Conference in Geneva, Switzerland last June Cayman Islands Chief Justice Anthony Smellie gave another presentation of his “Balancing the Requirements of the Trust with Fairness and Probity – A Perspective from the Cayman Islands…