Cayman Participates in the World’s Biggest Assembly
More than one billion children attend school – and the BBC wanted to hear from each and every one of them. On Tuesday, 8 May 2012, The Biggest Assembly was broadcast on the BBC. This event — the World’s Biggest…
Missing Farmington tourism funds top $500k and included trips to Cayman Islands
Final tallies of the missing-dollar amount from Farmington Convention and Visitors Bureau indicate the former executive director embezzled more than half a million dollars from the center, police reported. Debbie Dusenbery, 41, committed suicide nearly three weeks following revelations she…
US Southport Lane acquires Cayman Islands reinsurer
Southport Lane, a New York-based private equity firm, has acquired Redwood Reinsurance SPC, Ltd., a Cayman Islands-based reinsurer that provides treaty reinsurance for workers compensation and general liability insurance in the United States. Terms of the transaction were not disclosed….
Greenlight Capital Re appoints Drake as Vice President, Business Development in the Cayman Islands
Greenlight Capital Re, Ltd. (Nasdaq:GLRE), a specialist property and casualty reinsurer, today announced the appointment of John H. Drake, Jr. as Vice President, Business Development. He will be responsible for maintaining productive client and broker relationships while also identifying attractive…
Stanley Cup Final: Kings Win to Claim First Championship
Monday 11th June It took 3,506 regular season games and 26 playoff appearances, but the Los Angeles Kings are Stanley Cup Champions for the first time in their 45 year history. Their opponents, the New Jersey Devils, gave the Kings…
Cayman Islands based jewellery design house unveils new designs in Las Vegas
The Las Vegas jewellery market is sparkling in 2012, thanks to retailer confidence and upticks in consumer sales. Inside the Grand Canal Shoppes, the Bernard K. Passman Gallery has been quietly making travellers into repeat customers throughout the mall’s existence….
Maples and Calder’s Co-Founding Partner Passes
Further to our sad story yesterday (12) concerning the death of Lord John Maples, Maples and Calder have issued the following press release: Maples and Calder regrets to announce the passing of its co-founding partner, Lord John Maples, a stalwart…
Many Chinese companies incorporated in the Cayman Islands hide behind the Great Wall affecting SEC fraud probes
It appears to be dawning on officials at the U.S. Securities and Exchange Commission (SEC) that cooperative, cross-border financial investigations are completely foreign to China. Washington’s regulators have been trying since late 2010 to gather information that could help them…
Investors’ fears fan flames of Spanish debt crisis
Spanish ten-year government bond yields soared to 6.81 per cent, the highest since 1999 and close to the seven per cent that forced bailout requests from Greece, Ireland and Portugal. Investors are worried how Spain, which has the eurozone’s fourth-largest…
Appleby welcomes new Arbitration Law in the Cayman Islands
Appleby, the world’s largest offshore provider of legal, fiduciary and administration services, has welcomed the new Cayman Islands Arbitration Law, 2012 (“the Law”) which will come into force on a date to be appointed by the Governor in Cabinet. Appleby lawyers…
