Jury sides with Merck in pregnancy discrimination case
By Charles Toutant, From New Jersey Law Journal A federal jury in Newark has returned a defense verdict in favor of Merck & Co. in a gender and pregnancy discrimination suit brought by a company executive who claimed she was…
Belvedere’s Brighton SPC taken over by Cayman Islands regulator
By David Marchant From OffShoreAlert Belvedere Management Group fund vehicle Brighton SPC, which was exposed as a fraud by OffshoreAlert 11 weeks ago, has been taken over by the Cayman Islands Monetary Authority [CIMA] following the completion of a “forensic…
Rundown flies to Cayman Brac with Cayman Airways
The 17-member cast and crew of the ever popular CNCF theater production, Rundown, are getting a free lift to Cayman Brac on Cayman Airways to perform the show there this weekend, thanks to the national airline’s generous donation of flights….
Cayman Islands company major shareholder threatens lawsuit over $1.4B deal
By Dan Freed From The Street Big investor threatens lawsuit over $1.4 billion deal linked to Ocwen, Fortress NEW YORK (The Deal) — Companies linked to mortgage debt collector Ocwen Financial (OCN – Get Report) and asset management giant Fortress…
Father of West Indies Federation
By Nelson A. King from Caribbean Life Grenadian Theophilus Albert Marryshow was known throughout the Caribbean as the “Father of West Indies Federation.” He was regarded as an ardent advocate of closer association of the islands of the region all…
Justices sidestep First Amendment ruling in Facebook threats case
By Tony Mauro, Legal Times High court, ruling 7-2 in Elonis v. United States, voids conviction. The U.S. Supreme Court on Monday sided with a Pennsylvania man whose angry Facebook postings directed at his estranged wife landed him in jail…
High Court revives religious bias case against Abercrombie
By Zoe Tillman and Marcia Coyle, From Legal Times The U.S. Supreme Court on Monday revived a discrimination lawsuit that accused Abercrombie & Fitch Co. of refusing to hire a Muslim woman because she wore a religious headscarf. Federal civil…
Cayman Islands National Gallery launches party to celebrate film
The National Gallery of the Cayman Islands’ Young Patrons’ Circle have announced a launch party to celebrate the new documentary film Caymanian Art: A New Frontier by young Caymanian filmmaker Ernest Jacob Olde VI. Friday, 12 June starting at 6:30…
Cayman Islands utility company initiates annual hurricane drill
From CUC NB: THIS IS OUR ANNUAL HURRICANE DRILL Grand Cayman, Cayman Islands Caribbean Utilities Company, Ltd. (CUC) wishes to advise its customers that its hurricane preparation plan has been initiated in anticipation of the possible effects of Tropical Storm…
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Why this weird Indian tax rule is scaring fund managers across the globe
By Henry Jamieson From Seeking Alpha Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. Summary Summary 20% tax on book profits. Potential to apply to the…
