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Maples and Calder advises on largest semiconductor acquisition in history

Grand Cayman, Cayman Islands | Maples and Calder has advised Singapore-based Avago Technologies Limited (“Avago”) on the Cayman Islands aspects of its US$37 billion acquisition of Broadcom Corporation (“Broadcom”), which closed on 1 February 2016. Under the agreed terms of…

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A.M. Best Assigns Ratings to Republic Insurance Company (Cayman) Limited

March 09, 2016 04:21 PM Eastern Standard Time OLDWICK, N.J.–(BUSINESS WIRE)–A.M. Best has assigned a financial strength rating of B++ (Good) and an issuer credit rating of “bbb+” to Republic Insurance Company (Cayman) Limited (Republic Insurance) (Cayman Islands). The outlook…

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The Studio that made Rock and Roll history is rotting away on a Caribbean island

From MessyNessy The island of Montserrat in the West Indies became a Caribbean Pompeii when in 1995, the Soufrière Hills volcano woke up. The capital was buried in more than 12 metres of mud while the rest of the island was…

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Lucky 13 as Red wins most Gold ADDY awards in the Caribbean

The number 13 was lucky for Red Advertising & Marketing Ltd. as they won 13 Gold in the recently concluded American Advertising Federation 2016 ADDY Awards. Serendipitously, this was matched by the milestone of being the top agency in Barbados…

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CONCACAF seeking General Secretary and Chief Legal/Compliance Officer

CONCACAF Engages Executive Search Firms to Help Identify Candidates for General Secretary and Chief Legal/Compliance Officer Hiring of Korn Ferry and Major, Lindsey & Africa is the first time CONCACAF has partnered with executive search firms to fill key leadership…

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In the Caribbean, celebrating women takes more than a day

From CaribFlame The Caribbean joined the international community in marking International Women’s Day March 8, but for many countries the observance will continue. In Dominica, rights groups say they will continue to lobby for tougher sentences for those convicted of…

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Cayman Islands Governor to set up independent review of police action in relation to the five people missing at sea

In light of public concerns about the Royal Cayman Islands Police Service (RCIPS) response to reports of five people missing at sea, the Commissioner of Police, Mr David Baines, has requested that the Governor set up an independent review. Mr…

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Cayman Islands lawyer clarifies stamp duty law

Further to our story published March 3 2016 “Cayman Islands lawyer inquiry regarding collection of stamp duty for unregistered leases” at: http://www.ieyenews.com/wordpress/cayman-islands-lawyer-inquiry-regarding-collection-of-stamp-duty-for-unregistered-leases/ Peter Polack has clarified the Cayman Islands Stamp Durty Law Section 20 (4) (2013 Revision). Polack says: “Stamp duty…

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iNews Briefs & Community Events (From BIG FISH 95.5)

More Cuban migrants land in Cayman Brac From Cayman Islands Immigration Department Seven male Cuban migrants landed in Cayman Brac around 8:30am today. Immigration officials have begun migrant reception and detention protocols. This brings the number of Cuban migrants in…

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Maples and Calder promotes Underwater Robotics Programme in Cayman Islands

Grand Cayman, Cayman Islands | Maples and Calder announced today their partnership with The Women’s International Shipping and Trading Association (WISTA) to present The Cayman Islands SeaPerch Challenge 2016 on Saturday, 12 March at the Grand Cayman Beach Suites. The…