Cayman Islands: Corporate subscription financings – a sheep in wolves’ clothing
By Ramesh Maharaj and Alexandra Woodcock from Walkers Convention dictates that a Cayman Islands exempted limited partnership (ELP) be utilised for offshore private equity fund subscription financings. The process is relatively straightforward. A limited partner commits to pay capital up…
Family fears gran (81) will never fly again after ‘nightmare Aer Lingus experience’
By Claire McCormack From Independent ie It was supposed to be a very happy day for 81-year-old Sheila O’Flynn. The valiant grandmother, from Galway City, was set to fly off on an exciting family vacation to the exotic island of…
Spitting armadillos blamed for Florida’s emerging leprosy problem
By Jessica Firger From Newseek Health officials in Florida are urging residents to keep away from armadillos, which they suspect are the cause of an increasing number of cases of leprosy in the state. According to local media reports, nine…
Shah panel for strict monitoring of P-notes
By Mukesh Jagota From My Digitalfc Use of stock market for money laundering must be checked The special investigation team (SIT) set up by the centre after the Supreme Court intervention to deal with the problem of black money has…
Boston’s Caribbean J’ouvert shortened
From Antigua Observer BOSTON, Jul. 26, CMC – After an outcry from neighbors, elected officials and the Boston Police Department officials here say this year’s Caribbean J’ouvert will be shortened. The early morning celebration scheduled for August 29 will be…
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Financial management for the broke(n) family
By Samuel Rosenberg From CARIBBEAN360 BRIDGETOWN, Barbados, Sunday August 2, 2015 – While not a foregone conclusion, children who grow up with a single parent are more likely to suffer financially than those who live with both parents which often…
Chicago public worker pension reform plan found illegal
From Newsmax A plan to ease Chicago’s $20 billion public-worker pension deficit is illegal, an Illinois judge ruled, leaving the city vulnerable to another credit downgrade. Immediately after the ruling, Standard & Poor’s said it would probably lower the city’s…
Cayman Islands Health Ministry replies to Quality of Care Review on road death victim
The Ministry of Health and Culture is making progress with recommendations in a report concerning the quality of care review of emergency medicine services in May 2013 that responded to a fatal accident on Grand Cayman. The report was done…
Marketing and Sale of Securities to Cayman Islands Investors
Author: Jonathan R. McLean, Associate From Conyers Dill & Pearman The Cayman Islands is recognised as one of the world’s premier financial and banking centres. The Cayman Islands is home to approximately 11,000 mutual funds registered with the Cayman Islands…
New flag car for the Cayman Islands Government
In July, the Royal Navy support vessel, RFA Lyme Bay, delivered (free of charge) a container carrying the new flag car for the Governor. Eurocar Cayman Ltd has prepared the car and will present it to the Governor at their…
