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BitGold announces acquisition of GoldMoney

By GoldMoney Newsdesk We would like to advise you that on Friday 22 May BitGold Inc., a publicly traded Canadian company, entered into an acquisition agreement to purchase the operations and intellectual property of GoldMoney Network Limited and its subsidiaries…

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Lumber Liquidators mired in shareholder lawsuits

By Amanda Bronstad, From The National Law Journal Lumber Liquidators Holdings Inc., whose stock has plummeted since a “60 Minutes” exposé revealed that its hardwood laminate flooring products contained illegal levels of formaldehyde, is fending off a raft of shareholder…

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What we know about Chattanooga gunman Mohammad Youssuf Abdulazeez

By Margaret Hartmann and Jaime Fuller From New York Mag On Thursday in Chattanooga, Tennessee, four Marines — Thomas Sullivan, Skip Wells, David Wyatt, and Carson Holmquist — were killed and three others were injured when a gunman opened fire…

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Huddersfield Carnival 2015

Huddersfield Carnival 2015: Pictures and video from the loudest, most colourful party in town By Dave Himelfield From Huddersfield Examiner Tens of thousands pack town centre streets and square for mass celebration of African and Caribbean culture An explosion of…

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Caribbean community fears spread of racist immigration policy

From Telesurtv A Caribbean bloc committee pointed to Nazi Germany and Apartheid South Africa as examples of the violence and danger of xenophobia. The Caribbean Community’s committee said Monday the regional bloc should urge the Dominican Republic to put an…

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The [US] au pair program is broken and here’s how they plan on fixing it

By Celia Ampel, From Daily Business Review Two Fort Lauderdale lawyers hope to help raise wages for au pairs across the country through a class-action suit. Boies, Schiller & Flexner attorneys Sigrid S. McCawley and Lauren Fleischer Louis are part…

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Law firm supports Cayman Islands marine institute

Stuart Walkers Hersant Humphries supports CCMI’s long term monitoring programme and CREWS2 maintenance LITTLE CAYMAN July 21, 2015- Law firm Stuarts Walkers Hersant Humphries has recently announced its $15,000 commitment to supporting the Central Caribbean Marine Institute’s long-term monitoring programme…

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iNews Briefs, More & Community Events

Community Events Lutheran pastor to speak at Men’s Breakfast Meeting The Grand Cayman chapter of the Full Gospel Businessmen’s Fellowship International holds its monthly breakfast meeting this Sat. July 25th at the Upper Crust restaurant, Caymana Bay. The guest speaker…

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New time limits for Cayman Islands D&O notifications

From Solomon Harris A Cayman Islands Bill proposes extending the time limit to register changes in directors and officers with the Registrar of Companies by thirty days. It also proposes changes to the penalties payable for any default, including limits…

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Kingston Properties to Launch US$8m Rights Issue next week

By Camilo Thame From The Jamaica Gleaner Kingston Properties Limited (KPREIT) plans to launch-rights issue next Wednesday, hoping to raise US$8 million ($940 million). “We will be launching with the option to upsize,” KPREIT Executive Director Fayval Williams told the…