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Freshfields, W&C secure $8 bin financing for Alibaba

By Kenishk Verghese, Reuters From Asia. Legal Business on line Freshfields Bruckhaus Deringer has advised China’s Alibaba Group on a financing of $8 billion to refinance its existing debts. White & Case advised the nine underwriters on the transaction-ANZ, Citigroup,…

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Why music makes our brain sing

By Robert J. Zatorre and Valorie N. Salimpoor, New York Times Music is not tangible. You can’t eat it, drink it or mate with it. It doesn’t protect against the rain, wind or cold. It doesn’t vanquish predators or mend…

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NBSC announces new general manager

Senior executive at Jamaica National Building Society (JNBS) Wanica Purkiss has been appointed General Manager of National Building Society of Cayman (NBSC).  Her appointment was announced on Tuesday (25). Mrs. Purkiss replaces Dunbar McFarlane, who retired in April after almost…

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IMS boosts fund fiduciary team

From hedgeweek Cayman directorship services company International Management Services (IMS) has added Cary Marr to its fund fiduciary team. Marr, who joins IMS from Meridian Fund Services, an independently-owned hedge fund and private equity fund administrator, is well versed in…

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CITN Channel 27 Notice to LIME TV Subscribers

LIME TV is not authorized or licensed by the copyright owners to distribute or rebroadcast CITN licensed CBS programming in the Cayman Islands GEORGE TOWN, Cayman Islands, June 27, 2013 CITN, the exclusive broadcaster and licensee of Cayman27 licensed CBS…

Two Horses

Author Unknown Just up the road from my home is a field, with two horses in it. From a distance, each horse looks like any other horse. But if you stop your car, or are walking by, you will notice…

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Huang v Mauritius II

Ambow shareholder responds to Dr. Huang Ambow Education Holding Ltd. Shareholder GL Asia Mauritius II Cayman Ltd. Responds to Dr. Jin Huang’s Letter BEIJING, June 26, 2013 /PRNewswire/ — GL Asia Mauritius II Cayman Limited (“GLAM”), a major shareholder of…

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Malta most likely to detain yachts at port

By Rebecca Curran  From SuperyachtNews.com Day two of the Barcelona Superyacht Management Meetings began this morning (Wed 26) with three in depth presentations delivered by port state control experts. Focusing on issues of port state control and security, Richard Eastham…

Heartfelt tribute to ‘princess’ whose smile ‘lit up a room’

by Rebecca Draper From Blackpool Gazette They came in their hundreds to say a final farewell to a “princess”. Amid a sea of pink corsages, ribbons and flowers, Shakara Taylor’s closest friends carried her coffin into St Chad’s Church, in…

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China Harbour signs MOU with Malta – UK stopped Cayman

By James Debono Malta Today UK government won’t negotiate with Chinese company, Malta just beginning The UK stopped the cruise terminal project with CCCC – the same company which signed a MOU over the Malta-Gozo bridge feasibility study The British…