Investors’ fears fan flames of Spanish debt crisis
Spanish ten-year government bond yields soared to 6.81 per cent, the highest since 1999 and close to the seven per cent that forced bailout requests from Greece, Ireland and Portugal. Investors are worried how Spain, which has the eurozone’s fourth-largest…
Appleby welcomes new Arbitration Law in the Cayman Islands
Appleby, the world’s largest offshore provider of legal, fiduciary and administration services, has welcomed the new Cayman Islands Arbitration Law, 2012 (“the Law”) which will come into force on a date to be appointed by the Governor in Cabinet. Appleby lawyers…
Leading offshore firm Carey Olsen to offer Cayman Islands and BVI legal services
Carey Olsen, the leading Channel Island law firm, is extending its legal service offering to include the jurisdictions of the Cayman Islands and the British Virgin Islands (BVI). Carey Olsen will offer Cayman Islands advice through an experienced team which…
John Maples, founder of International Cayman Islands based law firm dies at 69
David Cameron paid tribute tonight to former Tory minister John Maples, who has died of cancer at the age of 69. The Prime Minister said the former deputy chairman of the Conservative Party played a key role in his mission…
Apax set to buy Cayman Islands company Paradigm Ltd
Apax Partners LLP, a British private equity firm, agreed to buy Paradigm Ltd., a maker of software for the oil and gas industry. Apax, based in London, is buying Paradigm with JMI Equity, a Baltimore-based private equity fund manager focusing…
Panther Coffee debuts at Michael’s Genuine Food & Drink, Grand Cayman
Panther Coffee, Miami’s celebrated small batch coffee roaster, is now available for the first time in the Caribbean at Michael’s Genuine Food & Drink Grand Cayman as part of James Beard Award-winning chef/owner Michael Schwartz’s ongoing commitment to source the…
Walkers Expands With New Partners
Walkers, the leading International Financial Centre law firm, is delighted to announce that a number of attorneys across its global network have been promoted to partner, as part of the firm’s annual promotions process. A total of eleven individuals across…
Costa Rican Business Practicum Inspires Students
Fresh from an intensive schedule of business presentations and tours in Costa Rica, University College of the Cayman Islands (UCCI) student Mahipal (Paul) Persaud reflected: “They certainly left me filled with some very creative business ideas.” Mr. Persaud was among…
New Legal Aid Bill raises many concerns by CDBA
The Cayman Islands Criminal Defence Bar Association (CDBA) gives response to the proposed legal Aid and Pro Bono Services Bill 2012 Executive Summary We welcome many of the changes that the Legal Aid and Pro Bono Services Bill introduces as…
More serious allegations made about CHEC
We were sent this communication by The Communications Department, Office of the Contractor General of Jamaica. This is printed verbatim: The Office of the Contractor General (OCG) wishes to bring to your attention the following story which appears as…
