Kaisa’s debt restructuring plan gains support from over 80 per cent of overseas creditors
By Summer Zhen From South China Post Investors led by Farallon Capital Asia and BFAM Partners (Hong Kong) agree to restructuring plan after ‘certain modifications’ to terms Troubled Chinese developer Kaisa Group, which has been struggling to restructure its debt…
Execs of int’l school in Seoul indicted over alleged embezzlement
From The Korea Herald Prosecutors said Tuesday they have indicted three board members of the Seoul branch of a British international school over allegations they embezzled some billions of won in school expenses in violation of the private school act….
Maples Fiduciary Continues Global Expansion with Hong Kong Office Launch
Grand Cayman, Cayman Islands (3 March 2016): Maples Fiduciary, a division of MaplesFS and leading global provider of specialised fiduciary and corporate administration services, has opened an office in Hong Kong, completing the Maples group’s offering in the region. “With…
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Hong Kong picks up financial disputes pace By Angela Bilbow From CDR Two recent appointments for K&L Gates and Ogier see both firms bolster their Hong Kong disputes practices with an appointment of an of counsel, and a partner promotion…
Cayman Islands: Ogier named Best Offshore Law Firm in the Hedgeweek Awards 2016
Ogier has been named Best Offshore Law Firm in this year’s Hedgeweek Awards. The award is the result of a vote by readers of Hedgeweek across North America, Europe and Asia-Pacific – including institutional and high net worth investors as…
Venezuela: Opposition claims gov’t hiding up to 500,000 Zika cases
By Mary Chastain From BREITBART Venezuelan opposition legislator José Manuel Olivares claims the country has under-reported cases of the Zika virus and the country lacks necessary medical supplies to properly combat the outbreak sweeping the region. “I hope that President…
WuXi PharmaTech Cayman : and PRA Health Sciences Restructure Relationship in China
SHANGHAI, China and RALEIGH, N.C., 2015-12-08 01:00 CET (GLOBE NEWSWIRE) — WuXi PharmaTech (Cayman) Inc. (NYSE:WX), a leading open-access R&D capability and technology platform company serving the pharmaceutical, biotechnology, and medical device industries, and PRA Health Sciences, Inc. (NASDAQ:PRAH), a…
Hong Kong is leading in fintech adoption
By John Heggestuen From Business Insider Hong Kong is the top region for fintech adoption by a sizable margin, according to data from Ernst & Young. While the US and the UK still lead in terms of investment, Hong Kong is a…
HSBC files for China Fishery winding up in Cayman Islands
From Undercurrent News China Fishery Group revealed on Monday that lender HSBC has also filed for a winding up order and the appointment of a provisional liquidator in the Cayman Islands, in addition to Hong Kong. In a stock exchange…
Here are the top 10 countries where British criminals launder their money
By Oscar Williams-Grut From Business Insider Paramilitary policemen take off U.S. dollars strapped around a man’s legs, at the border of Hong Kong and Shenzhen, Guangdong province, April 24, 2014. According to local media, the man was found trying to…
