CEVA staff say they were ‘press-ganged’ into investment that lost them thousands
By Alex Lennane From Loadstar Relations between CEVA’s shareholder, Apollo Global Management, and the logistics company’s staff have been dealt a severe blow after an equity share scheme saw many employees lose their investments. In April, CIL Ltd, formerly known…
Cooking your goose Hong Kong style
By Eliot Simpson, Appleby The recent decision of Mr Justice Harris in the case of re Yung Kee Holdings Ltd, [2012] 6 HKC 246, in the Court of First Instance in Hong Kong has highlighted some of the issues that…
Golden Frog’s VyprVPN Helps Improve Internet Privacy in Japan
New VyprVPN Server Cluster in Japan Enables Better Online Privacy Protection GRAND CAYMAN, CAYMAN ISLANDS — (Marketwired) — 08/16/13 — Golden Frog, a global software and Internet application development company, announced today that it has added a new VyprVPN server…
ConocoPhillips completes $600M Caribbean asset sale
By Harry R. Weber in Exploration From Fuel Fix Houston-based exploration and production firm ConocoPhillips said Friday it completed the sale of a Caribbean midstream asset for $600 million. The company said the deal was with the National Gas Company…
Cayman Enterprise City unveils revamped website
Cayman’s knowledge-based special economic zone unveils a new Internet face with the redesign of its website. The redesigned website is more user-friendly with improved navigation, and offers a refined message and detailed information on how to set up in the…
CIBC FCIB T&C named in IRS investigation [with Cayman]
By Hayden Boyce, Editor-in-Chief From T&C Sun A revenue agent from the United States of America’s Internal Revenue Service (IRS) says she has uncovered evidence that the CIBC FCIB branch in the Turks and Caicos Islands was one of many…
Europe’s “least likely to succeed” could soon start doing just that
By: Ashley Kindergan From The Financialist The list of European countries that have taken a turn as the crisis-economy-du-jour is a long one, but brighter days may lie ahead. Credit Suisse called the end of the European recession at the…
Cayman Vs. BVI: Assistance in cross-border insolvencies
By Eliot Simpson From Law360, The decision earlier this year of Justice Andrew Jones in the Financial Services Division of the Cayman Islands gave a broad interpretation of the assistance that may be available to a foreign insolvency representative at…
Maples continues support for CIASA
Maples and Calder is pleased to announce its continued title sponsorship of the Cayman Swimming National Development Programme offered by the Cayman Islands Amateur Swimming Association (“CIASA”). As title sponsor, Maples and Calder has committed CI$40,000 to the programme each…
Limacol CPL gets the Virgin seal of approval from Sir Richard Branson
From Boxscore Caribbean Premier League: ST JOHN’S, Antigua – August 15, 2013 – Sir Richard Branson, the founder of the Virgin Group, has given the Limacol Caribbean Premier League (LCPL) his seal of approval after attending the Antigua Hawksbills/Barbados Tridents…
