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LDK Solar announces sanction of Cayman Islands Scheme

GEORGE TOWN, Cayman Islands, and SUNNYVALE, Calif., Nov. 10, 2014 /PRNewswire/ — LDK Solar CO., Ltd. in provisional liquidation (“LDK Solar”) and its Joint Provisional Liquidators, Tammy Fu and Eleanor Fisher, both of Zolfo Cooper (Cayman) Limited, announced today that,…

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Worldwide: Beyond FATCA – Additional International Tax Compliance Obligations announced

Article by Peter Stafford, Don W. Ebanks, Alaina Danley, Jill Mojica, Jonathan Doak and James Woodbridge From DMS Offshore Investment Services On October 29th, 2014 in Berlin, Germany, the Cayman Islands and 50 other jurisdictions signed on to the OECD…

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New Commodity Fund [Cayman Islands-based unit]

By Olly Ludwig From ETF Watch Invesco PowerShares, fresh from inking a proposed deal to next year take over an 11-fund suite of futures-based commodity ETFs from Deutsche Bank, today rolled out a different kind of commodity ETF that will…

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The Cayman Islands Segregated Portfolio Company turns sixteen

By Rachael Reynolds, Partner, and Jennifer Fox, Senior Associate, Ogier, Cayman Islands From International Corporate Rescue May 2014 marks the sixteenth anniversary of the Cayman Islands segregated portfolio company (‘SPC’). This article takes a look back at the SPC’s first…

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Fitch affirms Cayman Islands Taboada Finance Limited Sr. secured notes following funding of 2011-3 Notes

November 07, 2014 05:16 PM Eastern Standard Time CHICAGO–(BUSINESS WIRE)–Fitch Ratings has affirmed the ratings assigned to the notes issued by Taboada Finance Limited, a special purpose company incorporated in the Cayman Islands, as follows: –Series 2011-1 S/. 572,089,000 notes…

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The IMF/BCCI mugger

By Dean Henderson from Left Hook Around the World Trip 2009 315Since its inception, the International Monetary Fund (IMF) has violently abused the people of the developing world in its role as debt collector for the Eight Families’ Rothschild-led banking…

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The Cayman Islands Segregated Portfolio Company turns sixteen

By Rachael Reynolds, Partner, and Jennifer Fox, Senior Associate, Ogier, Cayman Islands From International Corporate Rescue May 2014 marks the sixteenth anniversary of the Cayman Islands segregated portfolio company (‘SPC’). This article takes a look back at the SPC’s first…

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Founder calls for UN Sanctioned World Orphans Day on 8th Anniversary

With over 153 million children left behind by wars, poverty, natural disasters and diseases such as AIDS and Ebola, the founder of World Orphans Day, Cheryl Robeson Piggott, calls for the UN to proclaim the second Monday in November each…

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iNews Briefs

Remembrance Day this weekend in Cayman Islands The Cayman Islands Protocol Office has announced that Remembrance Day annual service takes place on Sunday, 9 November 2014, at 10:45 am, on Harbour Drive in front of Elmslie Memorial Church. The general…

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List of countries where sanctions have been imposed by Cayman Islands

From Cayman Islands Monetary Authority SANCTIONS Financial sanctions are imposed to combat terrorist financing, money laundering and development of weapons of mass destruction. The United Nations (“UN”) and European Union (“EU”) are key international bodies that adopt international sanctions measures…