The flushing toilet is symbolic of one of the biggest investing opportunities of this generation
By Akin Oyedele From Business Insider Investors should consider multinational companies that are exposed to the booming middle class in emerging markets. US Trust’s Joseph Quinlan wrote in a note to clients that it is “time to buy” into global…
British judge tells Caribbean investors to seek remedy elsewhere
From Caribbean News Now LONDON, England — Investors in the financially-troubled Harlequin group, developers of vacation resorts in St Vincent and the Grenadines (SVG) and other Caribbean islands, appear to be no further forward in their attempts to recoup their…
Bahamas warns of high cost of implementing FATCA legislation
From Loop news Service The Bahamas has warned that the high costs associated with the US Foreign Account Tax Compliance Act (FATCA) are threatening to undermine the financial services industry within many member states of the Caribbean Community (CARICOM). “All…
Cayman Islands law amended to facilitate the grant of interim relief in aid of foreign proceedings
By David Butler From Harneys In modern litigation there is often a strong possibility that obtaining interim relief from the court of the jurisdiction in which you are suing your opponent will not fully protect you against the dissipation by…
OffshoreAlert – the Nemesis of Fraudsters – Comes to London next Month for its 3rd Annual European Financial Intelligence & Investigations Conference
LONDON — In October, 2012, OffshoreAlert exposed a £117 m fraud committed by Cayman Islands-domiciled Axiom Legal Financing Fund. Two weeks later, Axiom was suspended and went into liquidation. Its principal was struck off as a solicitor in England. In…
Advantage Insurance acquires Southpac Life
GRAND CAYMAN, Cayman Islands, Oct. 28, 2014 (GLOBE NEWSWIRE) — Advantage Insurance Holdings Ltd. (“Advantage”), a leader in providing customized insurance solutions for businesses and individuals, announced today that it has completed the acquisition of Southpac Life Insurance Limited (“Southpac…
front pg story iBusiness iCommunity iCrime iCulture iEntertainment iEnvironment iFinance iHealth iJamaica iLocal News iNotices ISports iWorld News News Sports World
iNews Briefs
Dart plans another hotel on Cayman Islands 7-Mile-Beach It has been confirmed that the Dart Group are in the “early planning” stages of their second hotel on Grand Cayman’s 7-Mile-Beach. This second hotel would be constructed a few miles up the…
L&T B (Cayman) Inc. Receives Common Shares of Hudson’s Bay Company as part of Distribution from Hudson’s Bay Company (Luxembourg) S.à r.l.
TORONTO, Oct. 21, 2014 /CNW/ – On October 15, 2014, Hudson’s Bay Company (Luxembourg) S.à r.l. (“LuxCo”), a significant shareholder of Hudson’s Bay Company (“HBC”), pursuant to the resolution of its sole shareholder Hudson’s Bay Trading Company, L.P. (“HBTC”), a…
Cayman Islands: important new legislation on third party rights
For more briefings visit www.mourantozannes.com This briefing is only intended to give a summary and general overview of the subject matter. It is not intended to be comprehensive and does not constitute, and should not be taken to be, legal…
Caribbean News iBusiness iCommunity iCulture iFinance iLocal News iOpinion iWorld News News Publisher's Choice Your View
What are we doing in the Caribbean? Productivity vs. Busyness
By Youri Kemp From The Bahamas Weekly Government workers are lousy, lazy and dreadfully incompetent. They come to work late, don’t produce results of what you asked or paid them for in a timely manner, plus they take 3 hour…
