Cayman Islands court’s first valuation verdict on minority side
By Quintella Koh From International Adviser East Capital, a Swedish fund company specialising in emerging and frontier markets, said it won a landmark case in the Cayman Islands defending the rights of minority shareholders. The case, involving Russian oilfield services…
CAB requests the removal of named Caribbean territories on US “Tax-haven” list
The Caribbean Association of Banks Inc. (CAB) is once more forced to express its deep concern over yet another “tax-haven” list which includes 15 Commonwealth Caribbean countries. The referred list appears within the District of Columbia’s 2015 Budget Support Act…
Disney Cruise Line releases early 2017 Bahamas, [Cayman Islands] and Caribbean itineraries
By Leah Zanolla From DIS Disney Cruise Line has released their Caribbean and Bahamas itineraries for early 2017. The four cruise ships will continue sailing from Port Canaveral and Miami, as well as San Juan, Puerto Rico and Galveston, Texas….
Marriott plans to open 60 new hotels in the Caribbean and Latin America by 2018
From Marriott International, Inc. SAO PAULO, Oct. 6, 2015 /PRNewswire/ — Tim Sheldon, President of Caribbean and Latin America operations at Marriott International (NASDAQ: MAR), announced today an expected 75 percent increase in Marriott’s Caribbean and Latin American distribution between…
CHTA’S ‘Chief’ to explore Cuba impact on Caribbean Tourism; taps industry experts for insight
By Theresa M. Oakes From St. Maarten Islands Time THE CARIBBEAN – One of the most highly anticipated panels of the Caribbean Hotel & Tourism Association’s (CHTA) upcoming Caribbean Hospitality Industry Exchange Forum (CHIEF) is “Cuba: Opportunity or Threat?” took place…
Emails burn Facebook founder in real estate dispute
By Marisa Kendall, From The Recorder SAN JOSE — A Santa Clara County judge sent a contract suit against Facebook Inc. founder Mark Zuckerberg toward trial Thursday, ruling that emails from Zuckerberg, his assistant and his financial adviser raise the…
Isle of Man ranked number three in the world as a centre for commercial satellite filing
By James Qualtrough From Isle of Man News According to independent research just released, the Isle of Man now ranks as the third biggest player in the world, behind only the UK and the USA, as the jurisdiction of choice…
Kingston lags in Caribbean transshipment race
By Greg Miller, From JOC When the expanded Panama Canal debuts, assumedly by mid-2016, not all Caribbean transshipment hubs will be in the same position to accommodate larger vessels, and none may be as disadvantaged as Kingston Container Terminal. Which…
VW hit with onslaught of class actions across 32 States
By Amanda Bronstad, From The National Law Journal Volkswagen A.G.’s legal problems jumped into overdrive this week. More than 175 class actions in 32 states have been filed over the emissions scandal that erupted last month. Almost all the lawsuits…
Atlanta ties land Caribbean [Cayman Islands] firm in hot water
From AJC.com An Atlanta mortgage company’s subsidiary in the Cayman Islands agreed to pay a $1.5 million fine after federal investigators accused the company of misleading investors. The settlement is the latest in a string of legal troubles that have…
