June 21, 2021

Not just for banks: US Congress passes legislation providing relief from Dodd-Frank era regulations restricting capital formation

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By David M Lynn, Scott Lesmes, Marty Dunn, Susan I Gault-Brown Contributed by Morrison & Foerster LLP From ILO On May 24, 2018, President Trump signed into law the Economic Growth, Regulatory Relief, and Consumer Protection Act (the “Act”). While much of the Act was designed to provide smaller financial institutions and community banks with […]

Qunar announces completion of merger

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BEIJING, Feb. 28, 2017 (GLOBE NEWSWIRE) — Qunar Cayman Islands Limited (NASDAQ:QUNR) (“Qunar”  or the “Company”), China’s leading mobile and online travel platform, today announced the completion of its merger (the “Merger”) with Ocean Management Merger Sub Limited (“Merger Sub”), a wholly owned subsidiary of Ocean Management Holdings Limited (“Parent”), pursuant to the previously announced […]

XLI Technologies, Inc. gaining momentum, cancelling Caribbean territory and getting back 4.7 million shares of stock

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By GlobeNewswire, February 23, 2017, LAS VEGAS, Feb. 23, 2017 (GLOBE NEWSWIRE) — XLI Technologies, Inc. (OTC PINK:XLIT) (the “Company” or “XLI”) and BOSCH Technologies, LLC (“BTL”) have agreed to a mutual release and cancellation of their exclusive distribution and marketing rights agreement (the “Agreement”) for the Caribbean Islands. Per the cancellation of this Agreement, […]

eFuture announces Extraordinary General Meeting of Shareholders

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BEIJING, Nov. 10, 2016 (GLOBE NEWSWIRE) — eFuture Holding Inc. (“eFuture” or the “Company”) (NASDAQ:EFUT), a leading software and solution provider and a mobile business enabler to China’s retail and consumer goods industries, today announced that it has called an extraordinary general meeting of shareholders (the “EGM”), to be held at 10 a.m. Beijing Time on December 20, 2016, at the […]

Cayman Islands: Trina Solar announces extraordinary general meeting of shareholders

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|BY: TRINA SOLAR Trina Solar Limited, a global leader in photovoltaic modules, solutions, and services, today announced that it has called an extraordinary general meeting of shareholders, to be held at 10:00 a.m. Beijing Time on December 16, 2016, at the board room, Changzhou Trina Solar Energy Co., Ltd., No. 2 Tian He Road, Electronics […]

Global Indemnity completes redomestication to the Cayman Islands

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GEORGE TOWN, Cayman Islands, Nov. 07, 2016 (GLOBE NEWSWIRE) — Global Indemnity plc (NASDAQ:GBLI) announced today that it has completed its redomestication to change the ultimate holding company of the Global Indemnity group of companies from an entity incorporated in Ireland to an entity incorporated in the Cayman Islands. As previously announced, the name of […]

iDreamSky Technology Limited announces completion of going private transaction

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SHENZHEN, China, Sept. 07, 2016 (GLOBE NEWSWIRE) — iDreamSky Technology Limited (“iDreamSky” or the “Company”) (NASDAQ:DSKY), China’s leading independent mobile game publishing platform, today announced the completion of its merger (the “merger”) with Dream Merger Sub Limited (“Merger Sub”), a wholly-owned subsidiary of Dream Investment Holdings Limited (“Parent”), pursuant to the agreement and plan of […]

Ming Yang announces completion of going private transaction

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Jun 22, 2016, 16:30 ET from China Ming Yang Wind Power Group Limited ZHONGSHAN, China, June 22, 2016 /PRNewswire/ — China Ming Yang Wind Power Group Limited (NYSE: MY) (“Ming Yang” or the “Company”), a leading wind energy solution provider in China, today announced the completion of its merger (the “Merger”) with Regal Ally Limited […]

Global Indemnity plc announces proposed redomestication to the Cayman Islands from Ireland

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June 20, 2016 06:00 ET | Source: Global Indemnity plc DUBLIN, Ireland, June 20, 2016 (GLOBE NEWSWIRE) — Global Indemnity, plc (NASDAQ:GBLI) (the “Company”) announced today that its Board of Directors has unanimously approved a plan to re-domicile from Ireland to the Cayman Islands. The Company’s shareholders will be asked to vote in favor of […]

US: Final rule on customer due diligence requirements issued

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By Connie M Friesen, Joel D Feinberg & David E Teitelbaum Contributed by Sidley Austin LLP From International Law Office Introduction Background Beneficial owner requirements for legal entity customers Identification and verification requirements Use of beneficial ownership information Record keeping Reliance on another financial institution Comment Introduction On May 11 2016 the Financial Crimes Enforcement Network (FinCEN) published a […]