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…
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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…
CDB president reveals inherent risk to economic turnaround in the Caribbean
By Marie Claire Williams From Caribbean360 MONTEGO BAY, Jamaica, Friday October 24, 2014, CMC – President of the Barbados-based Caribbean Development Bank (CDB), Dr. Warren Smith, has warned that high debt poses an inherent risk to the success of structural…
Chancery Bar Placement scheme announcement – Invitation for applications from Cayman Islands
The Caymanian Bar Association, Cayman Islands Law Society and the Chancery Bar Association in England and Wales are pleased to announce the launch of the Cayman Trainee Placement Scheme for 2014. The Scheme is available to Caymanian articled clerks seeking…
Cayman Islands takes the lead in Banker survey for sixth time
Cayman Island’s position as the world’s top specialised financial centre was reconfirmed again this week with the news that this jurisdiction has come first in a leading international survey, topping the specialised financial centres ranking, as compiled by The Banker…
Do US presidents carry cash and credit cards?
From BBC President Barack Obama’s credit card was rejected in a restaurant. How often do US heads of state spend their own money, asks Jon Kelly. It’s commonly said the Queen doesn’t carry cash. It seems her American counterpart doesn’t…
HSA physiotherapy department receives donation from local charity I AM CO
Local charitable organisation, I AM CO, recently made a generous donation to the Cayman Islands Health Services Authority’s (HSA) physiotherapy department. With approximately forty children regularly using the physiotherapy department, I AM CO saw the need for a selection of…
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iNews Briefs
Cayman Islands earnings better than expected Cayman Islands Premier Alden McLaughlin said the Government’s Operating Bank account balances at September 30th 2014 totalled $67.1 million. This equates to over $2.5 million more than expected and spending was also down $5.5million,…
Former Ameriprise adviser from Plymouth admits to swindling $1 million from clients
By Randy Furst Star Tribune The ex-Ameriprise employee spent her clients’ money on clothing, vacations, tuition. The money siphoned from elderly clients paid for some eclectic purchases. It was spent at Victoria’s Secret, on Caribbean cruises, salon visits and donations…
