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Cayman Islands-based

Celebrities choose the Residences at Seafire in the Cayman Islands

The Residences at Seafire, luxury real estate on Grand Cayman’s Seven Mile Beach, is attracting a celebrity clientele including Armie Hammer, Will Smith and Caroline Wozniacki Everything is so well thought out and impeccably planned. It was perfect. It’s much…

Greenlight Capital Re reports 4Q loss

Associated Press From Yahoo News GRAND CAYMAN, Cayman Islands (AP) _ Greenlight Capital Re Ltd. (GLRE) on Tuesday reported a fourth-quarter loss of $37.7 million, after reporting a profit in the same period a year earlier. On a per-share basis,…

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Cayman Islands Proud of Them Awards Ceremony

Bodden Town was amply represented with half of the 12 Proud of Them honourees hailing from that district at Wednesday’s (29 November 2017) awards ceremony. The evening’s recipients were Sarah Clair Jackson, 17, GT, – academics; Brianna Bodden,16, BT –…

Software Developer: Tax woe drove us to Cayman Islands

By NEIL HARTNELL From Tribune242 A Bahamian software developer yesterday revealed he was forced to domicile in the Cayman Islands to prevent VAT and Business License fees “killing” his competitiveness. Bruce Raine, International Private Banking Systems (IPBS) principal, told Tribune…

Cayman Islands: Investment Funds Observations 2017 – Part One

Article by Walkers From Mondaq After several years of lacklustre returns, nearly all strategies covered by Preqin have shown positive results in 20171, with event-driven and equity funds performing particularly well. According to Preqin’s survey of investment managers in June…

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Greenlight Capital Re posts 3Q profit

AP From Yahoo News GRAND CAYMAN, Cayman Islands (AP) _ Greenlight Capital Re Ltd. (GLRE) on Monday reported third-quarter earnings of $19.9 million. The Grand Cayman, Cayman Islands-based company said it had net income of 53 cents per share. The…

Cayman Islands Tests U.S. Meal-Kit Service to boost its food tourism marketing

By Dan Peltier, From Skift When many U.S. travelers think of the Cayman Islands, they likely think of wealthy offshore bank accounts, beaches, and luxurious resorts. But the Cayman Islands Department of Tourism says the destination also has some of…

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United States: Chapter 15 Inapplicable Unless “Foreign Representative” Seeks Enforcement Of Foreign Insolvency Court’s Order

Article by Timothy Hoffmann and Mark G. Douglas From Jones & Day Chapter 15 of the Bankruptcy Code offers an effective mechanism for U.S. courts to provide assistance to non-U.S. courts presiding over the insolvency proceedings of foreign debtors with…

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Reservations now open at Margaritaville Beach Resort Grand Cayman

Anticipated New 285-Room Destination Resort Accepting Reservations for Stays BeginningFebruary 4, 2017; Resort Team Announces Soft Opening Details Grand Cayman, CYM – January 17, 2017 – Margaritaville Beach Resort Grand Cayman, the anticipated multi-million-dollar renovation project situated in the heart…

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Margaritaville Beach Resort Grand Cayman draws more than 200 people for local career fair on Saturday, October 1

Locals gather to join the full-service resort, scheduled to open in early 2017 Grand Cayman, CYM – October 5, 2016 – The highly anticipated Margaritaville Beach Resort Grand Cayman, located in the heart of Grand Cayman on Seven Mile Beach,…