Russia cracks down on offshore havens
By Svetlana Sukhova From Real Clear World MOSCOW – There is nothing new about offshore tax shelters. In ancient Athens, after the government decided to levy a 2% tax on all trade operations, merchants started avoiding the city, conducting business…
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Cayman Islands chemo unit receives $100K from Movember
The Movember Committee has donated US$100,000 towards the new Chemotherapy Unit at the Cayman Islands George Town Hospital. The donation is the biggest, single gift so far towards the new ‘state-of-the-art’ Chemotherapy Unit, being provided by the Cayman Islands Cancer…
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Town planning principles from centuries long past – Camana Bay, Cayman Islands
By Natalie Dolce From Globe St. CAYMAN ISLANDS—Members of the Dart family first visited Grand Cayman in the late 1980s, initially drawn to the island’s marine environment and natural assets. They also found it to have a sophisticated infrastructure due…
A.M. Best upgrades ratings of Caring Communities, a Reciprocal Risk Retention Group and Caring Communities Insurance Company
OLDWICK, N.J. –(Business Wire)– A.M. Best has upgraded the financial strength rating to A (Excellent) from A- (Excellent) and the issuer credit rating to “a” from “a-” of Caring Communities, a Reciprocal Risk Retention Group (CCrRRG) (District of Columbia) and…
The movement of business firms towards tax havens
By David Dadson From Examiner.com One of the profit earning strategies of business firm is incorporating their companies in offshores. These countries are usually called as offshore financial centers (OFC) which offers service to offshore companies. Their business friendly traits…
Cayman Surveyor’s chapter is prominent in end of year update
An end-of-year update from Sanjay Amin FRICS, Caribbean Board Chair 20 Nov 2014 With the end of the year on the horizon, Sanjay Amin gives a special update to fellow Caribbean members on all that we’ve accomplished in 2014 and…
Legal malpractice and a storybook divorce
From New York Attorney Malpractice Blog Reading between the lines,Manus v Flamm 2013 NY Slip Op 07683 [111 AD3d 525] November 19, 2013 Appellate Division, First Department sounds like a 1930’s romantic divorce movie. Husband marries glamorous starlet, gives her…
Bankrupting the next generation
By: Daniel Ammann and Michael Krobath From The Finalist It’s a simple fact: Most countries in the Western world don’t take in nearly as much money as they spend. And so they borrow. By the billions. Make that trillions. And…
Islamic Finance
From Ogier Introduction We have the skills to manage a wide range of corporate and finance transactions and to provide our clients with the high quality advice they require. We have teams that are integrated across legal disciplines and offices…
International recognition for Carey Olsen’s funds team in the Cayman Islands
International offshore law firm Carey Olsen has been awarded Investment Funds Law Firm of the Year in the Cayman Islands in the 2015 Corporate International Legal Awards. Running since 2008, the awards are a result of in-depth independent research scrutinised…
