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McDonnell denies wrongdoing in mansion controversy

Posted by Ashley Killough, CNN (CNN) – Virginia Gov. Bob McDonnell pushed back against allegations Tuesday that he improperly used resources from the Executive Mansion, saying he follows the same rules as former Virginia governors. The Republican also denied that…

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Tootie Pie files for bankruptcy [owes Cayman limited partnership $400,00]

By Neal Morton From My USA Tootie Pie’s apple pies contain 10 apples each, weigh about 6 pounds and provide the Boerne-based dessert maker with about 55 percent of its business. The dessert has won the company numerous accolades, and…

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NYT: Derivatives are ‘Weapons of Mass Deception’

By Michael Kling From Money News While Warren Buffett has called derivatives “weapons of mass destruction,” they should be called “weapons of mass deception” since they are often used to evade taxes, circumvent accounting rules and deceive clients, New York…

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Secret NSA deals cast doubt on all US stocks

By Patrick Watson Newsmax Whatever you think about Edward Snowden, the National Security Agency (NSA) data collection he unveiled is more than a privacy issue. Investors should pay attention, too. The company whose shares you own may be lying to…

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Appleby acts for Ji Cai

Appleby acts as Cayman counsel for Ji Cai Holdings in relation to listing on Hong Kong Stock Exchange Appleby has acted as Cayman Islands counsel for Ji Cai Holdings Ltd in relation to its listing on the Main Board of…

Caribbean Law Librarians confer in Cayman

Nearly 40 regional law librarians in public and private legal institutions and firms began their three day annual meeting this morning (Monday, 8 July 2013), with an opening ceremony at Grand Court I in the Courts Building. Members of the…

Piloting student cops

School children walking the police beat, a gathering of medical technicians and using technology to get ahead in school feature in this week’s GIS Spotlight. Hands-on experience is the best reinforcement for any message and six students recently led the…

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Corruption getting worse, says poll

From BBC [Note: Cayman Islands were not polled] One person in four has paid a bribe to a public body in the last year, according to a survey carried out in 95 countries by Transparency International. The poor record of…

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Advantage Insurance announces Executive Appointments

GRAND CAYMAN, Cayman Islands–(BUSINESS WIRE)–July 08, 2013– Advantage Insurance Holdings Ltd. (“Advantage”), a leader in providing customized insurance solutions for businesses and individuals, today announced that Walter C. Keenan has been named its President and Chief Executive Officer (CEO). In…

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Venezuela offers assistance to Caribbean countries

From Go-Jamaica PORT OF SPAIN, Trinidad, CMC – Venezuela has pledged to offer assistance to Caribbean Community (CARICOM) countries in a number of areas including transportation, Guyana’s President Donald Ramotar said here Saturday. Venezuelan President Nicolas Maduro held talks with…