Dilbert leaving/Arbitration v Winding Up/Extending ELP/Ebullio
Dilbert leaving ICO Jennifer Dilbert, MBE JP, Cayman Islands Information Commissioner, has announced in the Information Commissioner’s Office (ICO) 2012/2013 FOURTH QUARTER REPORT she has advised His Excellency the Governor that she will not be seeking a further term as…
Landmark solar project begins construction in Leeward Islands
By Nilima Choudhury From RTCC Experts have forecast the Caribbean will have installed 500MW of PV by 2016, powering 400,000 homes The largest solar installation in the Caribbean is finally under construction in the West Indies’ Leeward Islands, after overcoming…
Time Gentlemen Please! – Extending an ELP investment period
By Solomon Harris Private equity investment funds are bespoke structures with their own set of rules and regulations as determined by the articles of association in the case of a Cayman company, or the partnership agreement in the case of…
Asia Frontier Capital hires In Hong Kong
From FIN alternatives Cayman Islands-based Asia Frontier Capital has made two hires for its Hong Kong office. Ruchir Desai has joined as senior investment analyst and Stephen Friel as marketing director. Desai joins AFC from The Leopard Asia Frontier Fund…
Heavy Earth Resources announces signing of share purchase agreement
SAN FRANCISCO–(BUSINESS WIRE)–August 29, 2013– Heavy Earth Resources, Inc. (“Heavy Earth” or the “Company”) (OTCQB: HEVI), an oil and gas exploration and production company focused in Central and South America, today announced that it entered into a securities share purchase…
Walkers’ sponsored students spend summer as legal interns
As part of the firm’s commitment to developing the next generation of Caymanian attorneys, a number of Walkers’ sponsored law students spent part of the summer working with Walkers, gaining valuable experience and an insight into life at a busy…
Walkers turns to Maples for funds hire
By Joanne Harris From The Lawyer Walkers has picked up a partner from Maples and Calder in a boost for its Cayman Islands investment funds team. Dawn Howe is joining Walkers’ London office initially and will eventually relocate to the…
Three European banks under Sebi scanner for round-tripping
By PTI From Mydigitalfc At least three large European banks’ dealings with Indian companies and individuals are being probed for alleged round-tripping of funds by using certain multi-layered transactions in violation of Sebi norms. It is suspected that some portfolio…
Cayman Islands July Cruise Passengers Fall 27.4% Y/y
By Ainhoa Goyeneche – Bloomberg Attached is a summary table for the Cayman Islands July cruise passenger traffic statistics from the Port Authority of the Cayman Islands: SOURCE: Port Authority of the Cayman Islands To contact the reporter on this…
iNews briefs
Golden boot for Cayman footballer Cayman Islands U15 footballer, Leighton Thomas Jr, won the ‘golden boot’ at the U-15 CONCACAF Tournament by being the highest grossing football scorer in the competition. This was despite Cayman failing to progress to the…
