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Cayman Islands notorious Operation Tempura back in court When will the Cayman Islands be free from the enormous debt Operation Tempura has caused the country? Who knows? Operation Tempura is back in the Cayman Islands court again with the governor’s…
This electronic bike raised $3.2 million on Indiegogo in just 10 days
By Julie Bort From Business Insider Looks like the Storm eBike is going to be a smash hit, if its uber successful crowdfunding campaign is a predictor. The bike has raised $3.16 million on Indiegogo since the campaign started on…
CIMA Appoints EY’s Hutchison and Loebell as Controllers of Caledonian Bank Limited
Release Thu 12 2015 CIMA Appoints EY’s Hutchison and Loebell as Controllers of Caledonian Bank Limited This serves as statement on behalf of the Controllers, that The Cayman Islands Monetary Authority (“CIMA”) appointed Keiran Hutchison and Claire Loebell of Ernst…
HSBC files raise questions about oversight of senior bankers past and present
David Leigh, James Ball, Juliette Garside and David Pegg From The Guardian UK The five were involved in either acquiring, overseeing or managing the Swiss operation, which helped clients conceal assets from the taxman Part 2 The cash machine Apart…
Fitch expects to rate Red Dorsal Finance 2015-1 Variable Funding Notes ‘BBB’; Outlook Stable
Fitch expects to assign the following rating to the proposed issuance of senior secured variable funding notes (VFNs) by Red Dorsal Finance Limited (RDFL), a LLC incorporated in the Cayman Islands: — Series 2015-1 senior secured VFNs ‘BBB (exp)’; Outlook…
iNews Briefs
Cayman media house has to apologise and pay legal costs to lawyer Local media house The Cayman Reporter has had to pay the chairman of the Human Rights Commission and lawyer, James Austin-Smith, his legal costs and damages, as well…
Cayman Islands Marathon highlight Charity Group Programme
From Intertrust Cayman Islands Marathon CHARITY GROUP PROGRAMME As running and walking experience a major boom in popularity, the concept of running for a cause is also gaining significant attention and growth. There are many participants in the Intertrust Cayman…
Cayman Insurance Managers elect new board
GEORGE TOWN, GRAND CAYMAN — Kieran O’Mahony of Marsh Cayman has taken the Insurance Managers Association Cayman (IMAC) reins from outgoing chairperson Rob Leadbetter at the 2015 Annual General Meeting, which was held 22 January 2015. Joining him as the…
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Implementing China’s new Caribbean policy
By David Jessop News Americas, LONDON, England: A few weeks ago, Dong Xiaojun, the Chinese Ambassador in Jamaica, wrote a commentary on the recent meetings held in Beijing between China and the Foreign Ministers of the Community of Latin American…
Judge won’t cut $7.3m award for discovering Lady Gaga
By Charles Toutant, From New Jersey Law Journal The producer credited with launching Lady Gaga’s career has lost his bid to trim the $7.3 million he was ordered to pay a talent scout for introducing him to the singer. U.S….
