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ELP Law revision and contracts by 3rd party beneficiaries

By Mel Wheaton | DLA Piper – Emerging Growth and Venture Capital Contact, From JDSupra Business Advisor Cayman Islands revise Exempted Limited Partnership [ELP] law and pass new legislation allowing enforcement of contracts by third party beneficiaries Earlier this month…

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The new health age of hospitals has begun!

By David Houle From ShellyPalmer I recently wrote about the grand opening of Health City Cayman Islands. The grand opening of HCCI at the end of February ushered in a new era of hospitals in this century. HCCI has since…

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Caribbean Overseas Territories meet with UK networking specialists

By: BVI, Press Release April 30, 2014 – Overseas Territory Representatives from the British Virgin Islands, Bermuda, Montserrat, The Cayman Islands and Anguilla met with United Kingdom (UK) business networking specialists, CaribDirect International Business Network (CIBN) in London on Thursday…

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Choosing your wedding paradise- 10 reasons to think of the Cayman Islands

By worldbride The wedding is over and you both said I do. The last of all the vendors are paid, your TSA friendly bags have been packed and you are honeymoon ready. So why should you choose the Cayman Islands?…

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A legal overview of M&A in the Cayman Islands and British Virgin Islands

Article by Nick Evans, Suzanne Correy, Michael Gagie and Matthew Gilbert Maples and Calder Against global trends, gradual growth in both the Cayman Islands and the British Virgin Islands (“BVI”) merger and acquisition (“M&A”) activity continued through 2013, led by…

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CARICOM Secretary- General opens 3rd CRICOM-Mexico Summit

Remarks from the Secretary-General Caribbean Community (CARICOM) Ambassador Irwin LaRocque at the Opening ceremony of the third CARICOM-Mexico Summit Merida, Yucatan, Mexico 29 April 2014 It is my pleasure to address the Opening Ceremony of this the Third Summit between…

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CFATF warns of harsh consequences if Guyana fails to pass anti-money laundering legislation

From Caribbean360 GEORGETOWN, Guyana, CMC – The Caribbean Financial Action Task Force (CFATF) has warned of harsh consequences should Guyana fail to pass anti-money laundering legislation before a May 29 conference. The task force addressed the matter during a meeting…

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Taubman closes on $320M loan for Mall of San Juan

By Kevin Mead From Caribbean Business Taubman Realty Group has closed on a $320 million loan from U.S. Bank to finance the development of The Mall of San Juan, a 650,000-square-foot shopping and entertainment complex being built in the Puerto…

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ESPN to distribute 2016 Summer Olympics

The International Olympic Committee Awards Broadcast Rights To The 2016 Summer Olympics In The Caribbean To Canoc Broadcasting Inc. (CBI) ESPN named official television producer and distributor of RIO 2016 in the West Indies The International Olympic Committee (IOC) has…

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Montana Supreme Court overturns one-month sentence in rape case

By Ann-Marie Alcántara From Mashable The Montana Supreme Court ruled Wednesday that Stacey Dean Rambold must be re-sentenced by a new judge in the case of raping a 14-year-old. The former high school teacher was convicted of one count of…