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Storm spurs Caribbean island resort to recover lost paradise

By Sebastien Malo From Reuters CANE GARDEN BAY, British Virgin Islands, July 24 (Thomson Reuters Foundation) – Sun loungers dot the white sand of Cane Garden Bay, a beach resort tucked between steep hillsides and the azure sea in the…

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Eastern Caribbean destinations’ fast recoveries show region’s resiliency, popularity

Source: Florida-Caribbean Cruise Association MIRAMAR, Fla., July 16, 2018 (GLOBE NEWSWIRE) — The overwhelming majority of the Caribbean’s more than million square miles was unhindered following last year’s Hurricanes Irma and Maria. Nearly 100 ports were operating immediately after the…

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No armchair liquidators – court confirms appointment of provisional liquidators to Swiss company

Contributed by Harney Westwood & Riegels From ILO Private Client & Offshore Services British Virgin Islands In the latest judgment regarding the DPH liquidation,(1) the BVI Court of Appeal upheld the appointment of BVI provisional liquidators in respect of a…

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Overseas territories to fight public register demands

By Max Walters From Law Gazette UK At least two UK overseas territories are preparing to launch a challenge to the government’s plans to impose a public register of beneficial owner of companies. Both the British Virgin Islands (BVI) and…

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The View from Europe: The Overseas Territories – The long view

By David Jessop From Barbados Advocate A few days ago, the British Parliament voted to compel Britain’s overseas territories (OTs) in the Caribbean to adopt public registers of company ownership. The decision, which has been condemned by the states concerned,…

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Cayman Islands: Collas Crill to address NAFER International Conference

Collas Crill is continuing its support of the National Association of Federal Equity Receivers (NAFER) by speaking at its 2018 International Conference. The event, which takes place at the Westin Hotel in Grand Cayman on 12-13 April 2018, will see…

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Final group of Cayman Islands’ officers returns from BVI as the RCIPS ends its deployments to the sister territory

From RCIPS The latest deployment of RCIPS officers to the British Virgin Islands returned to Cayman yesterday, 18 January. The return of this group of seven officers, who remained in BVI over the holiday period, marks the end of the…

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Cayman Islands: Fairfield Liquidators obtain another important victory in recovery efforts

Last Updated: 22 November 2017 Article by Kenneth M. Krys and Charlotte Caulfield  KRYS Global Clawback claims in excess of $6 billion of overpaid redemptions have been brought by the Fairfield Sentry liquidators in about 300 United States Bankruptcy Court…

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Prince Charles describes hurricane devastation as ‘utterly heartbreaking’ in Caribbean visit

By Martin Coulter From Evening Standard UK The Prince of Wales has described the devastation caused byhurricanes in the Caribbean as “utterly heartbreaking”. Speaking after meeting families made homeless by Hurricanes Irmaand Maria, Prince Charles said it was “painful beyond…

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Cayman Islands’ Danielle Coleman returns from aid secondment in BVI

Danielle Coleman has returned from her secondment to the British Virgin Islands (BVI), describing the situation there as worse than the devastation caused by Hurricane Ivan on Grand Cayman in 2004. The Deputy Director of Preparedness and Planning with Hazard…