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iBusiness iLocal News iWorld News News

New York ruling helps ComputerLand founder fend off tax collector

By Karen Freifeld NEW YORK (Reuters) – Tech mogul William Millard may have escaped the tax man once again. Millard, who built ComputerLand Corp into a retail giant in the 1970s and 1980s, is wanted by the Northern Mariana Islands…

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STEP Appoints Judicial Member

The Honourable Anthony Smellie, Chief Justice of the Cayman Islands, has recently accepted an appointment as a Judicial Member of the Society of Trust and Estate Practitioners (STEP).  The Council of the Cayman Islands branch nominated the Chief Justice, noting…

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John Doe summons served on Wells Fargo has implication for Cayman

Pioneer of IRS ‘John Doe’ summonses to speak at OffshoreAlert Conference From OffshoreAlert Two days ago, the IRS obtained a court order that allows them to serve Wells Fargo Bank with a ‘John Doe’ summons as part of a criminal…

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Russian oligarch loses £40m London home to ex-wife

By Jasper Copping, The Telegraph, UK “Proceedings are also under way in the Cayman Islands, where Mr Slutsker is seeking reinstatement as a beneficiary of the trust” The Russian oligarch Vladimir Slutsker has lost a legal battle with his ex-wife…

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PWD/NRA Hurricane Preparedness Exercise this week

Don’t be alarmed if you see hurricane shutters being erected on numerous Government buildings and hurricane shelters in Grand Cayman on Thursday 2nd May, 2013.  A hurricane is not approaching the Cayman Islands, but Public Works Department (now inclusive of…

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Election Office warning and mobile voting notice

Warning: Vandalism and Bribery The Elections Office is extremely concerned about the ongoing vandalism of candidates posters and other signage displayed in the various electoral districts.  This type of irresponsible behavior cannot be tolerated.  In order to deliver free and…

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EU funds weather station to help protect Cayman from natural disasters

The Cayman Islands is now better prepared to deal with natural disasters, thanks to the recent commissioning of a Digital Early Warning System station in that country. The station completes and complements a European Union regional programme which has already…

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36 South offers ERISA-Compliant Volatility Hedge Funds

From FIN alternatives Hedge fund 36 South Capital Advisors has launched U.S. pension-friendly versions of its flagship volatility strategy. The London-based firm rolled out versions of the Kohinoor Core Fund and Kohinoor Series III fund that comply with the U.S….

CUC recognised for Junior Achievment

Caribbean Utilities Company, Ltd. (CUC) has been recognised for hosting a Junior Acheivement Company.  Sixteen students from a number of high schools on the island participated in the programme which started in October 2012 and finished in March this year….

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Progressives to gather Thursday (2) to launch Manifesto Details Plan for the Future

George Town – While all General Elections are important, Caymanians hold the future in their hands on May 22. What the Progressives will present on Thursday is their promise to make a change for Cayman – it is their Manifesto….