Vantage Drilling Company responds to media reports
HOUSTON, TX — (Marketwired) — 07/30/15 — Last night, Brazilian media reported that Vantage Drilling Company’s (NYSE MKT: VTG) agent utilized during the contracting of the Titanium Explorer drillship with Petrobras, Mr. Hamylton Padilha, has made statements in cooperation with…
Greenlight Re reports Q2 net loss of $39.6m on investments, legacy business
From Insurance Journal August 5, 2015 Cayman Islands-based Greenlight Re reported a net loss of $39.6 million for the second quarter of 2015, compared to net income of $109.6 million for the same period in 2014. The net loss per…
Barbados sees record-breaking tourism arrivals for first half of 2015
From CARIBBEAN360 BRIDGETOWN, Barbados, 2015 – Barbados recorded 303,592 long-stay visitors during the first six months of this year, marking the first time in the 29 years of recording tourism statistics that the destination has ever topped 300,000 visitors in…
A merger without the aftertaste – a Cayman Islands recipe
By Ramesh Maharaj and Melissa Lim from Walkers Cayman Islands statutory mergers increased from 44 in 2010 to 113 in 2014, and show no signs of any slowdown. What is behind this growth? The simple answer is “opportunity”. The myriad…
Cayman Islands: Corporate subscription financings – a sheep in wolves’ clothing
By Ramesh Maharaj and Alexandra Woodcock from Walkers Convention dictates that a Cayman Islands exempted limited partnership (ELP) be utilised for offshore private equity fund subscription financings. The process is relatively straightforward. A limited partner commits to pay capital up…
Haiti Election Sunday (9) / Suriname bank with half billion dollars in assets acquired by Trinidad’s Republic Bank
Voting complication may cause low turnout in Haiti election By Joseph Guyler Delva From Haitian-Caribbean News Network PORT-AU-PRINCE, Haiti (HCNN) — The multitude of candidates and political parties and other technical problems, involved with Haiti’s upcoming elections, are likely to…
Suspicion and animosity makes tour success Froome’s best
By Barnaby Chesterman, AFP By Business Insider Paris (AFP) – Chris Froome admitted he’d been “up against everything” at the Tour de France where he was accused of cheating, spat upon and had urine thrown at him. The 30-year-old Briton…
amusement park wonders
The 7 amusement park wonders of the world By Jason Heidemann From Orbitz Never mind the merry-go-round. August 16 is National Roller Coaster Day, which means we’re aiming for high-stakes thrills, baby! You wanna go for the ride of the…
Family fears gran (81) will never fly again after ‘nightmare Aer Lingus experience’
By Claire McCormack From Independent ie It was supposed to be a very happy day for 81-year-old Sheila O’Flynn. The valiant grandmother, from Galway City, was set to fly off on an exciting family vacation to the exotic island of…
Spitting armadillos blamed for Florida’s emerging leprosy problem
By Jessica Firger From Newseek Health officials in Florida are urging residents to keep away from armadillos, which they suspect are the cause of an increasing number of cases of leprosy in the state. According to local media reports, nine…
