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iNews Briefs & Community Events (From BIG FISH 95.5)

  Cayman Islands Grand Court Jurors Reporting Time Update  The Grand Court jury report time (not the date) has been changed. The date remains the same. All Grand Court Jurors who are in the 13 JANUARY – 5 APRIL 2016…

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Gencom closes Cayman Islands resort disposition

By Barbra Murray From Commercial Property Executive The Florida-based hospitality and mixed-use real estate investment firm and its partner, Private Equity Group, have sold the 295-room Marriott Grand Cayman Beach Resort in the Cayman Islands. Gencom is wrapping up 2015…

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Court removes KPMG as provisional liquidators for Pacific Andes – next hearing Cayman Islands

By Tom Searman Undercurrentnews Hong Kong’s High Court has removed KPMG as provisional liquidators of Pacific Andes International Holdings subsidiary China Fishery Group, sources told Undercurrent News. This removal of KPMG, who were appointed after a filing from lender HSBC, means…

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JTC Cayman acquisition bolsters fund administration capabilities

Independent institutional and private client service provider JTC has extended the capabilities of its Cayman Islands office to offer a broad range of fund administration services, following the completion of its acquisition of GAM’s fund administration business based there. Having…

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Cayman Islands Ministry of Education hosts meeting about Overseas Tertiary Scholarships

The public is invited to attend a meeting about overseas scholarships hosted by representatives from the Ministry of Education’s Scholarship Secretariat. Details of the meeting are as follows: DATE: Tuesday 12th January, 2016 TIME: 5:30pm – 7:00pm WHERE: George Town Town…

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Robert De Niro’s Caribbean resort plan draws criticism

By ELAINE GLUSAC From The New York Times In the year since the government of Antigua and Barbuda and investors led by the actor Robert De Niro announced plans to open a luxury resort on the smaller of the dual-island…

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US Federal Circuit casts doubt on Apple-Samsung verdict

By Scott Graham, From The Recorder Apple Inc. may have collected $548 million from Samsung Electronics Co. last month from its first smartphone “trial of the century.” But the $119 million it recovered in a second trial appeared in serious…

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WuXi PharmaTech Cayman : and PRA Health Sciences Restructure Relationship in China

SHANGHAI, China and RALEIGH, N.C., 2015-12-08 01:00 CET (GLOBE NEWSWIRE) — WuXi PharmaTech (Cayman) Inc. (NYSE:WX), a leading open-access R&D capability and technology platform company serving the pharmaceutical, biotechnology, and medical device industries, and PRA Health Sciences, Inc. (NASDAQ:PRAH), a…

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Here are the countries with the most generous billionaires

By Akin Oyedele From Business Insider India’s ultra-high net worth people give away the most money for philanthropic reasons. But as a percentage of net worth, the United Kingdom’s filthy rich give away the highest, followed by America’s. These findings were…

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US: 11th Circuit targets Public Interest in Rosa Parks case

By Katheryn Hayes Tucker, From Daily Report In an opinion that reads like a biography, the U.S. Court of Appeals for the Eleventh Circuit used Rosa Parks’ starring role in the civil rights movement to justify ruling against a nonprofit…