November 30, 2022

Parkland Fuel Corporation to acquire 75% of SOL, the largest independent fuel marketer in the Caribbean

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Transformational Business Combination Establishes Strong International Growth Platform; SOL’s Simpson Group to Own 9.9% of Parkland Parkland Fuel Corporation (“Parkland”, “We”, “Our” or “Us”), (PKI) Canada’s largest and one of North America’s fastest growing independent marketers of fuel and petroleum products and a leading convenience store operator, and SOL Limited have entered into an agreement […]

Record profits for Sterling Investments

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From Jamaica Gleaner Sterling Investments Ltd (SIL), an offshore investment company listed on the Jamaica Stock Exchange (JSE), made record profits during one of the most volatile periods in the global financial markets. The company invests in US dollar fixed-income assets on behalf of its shareholders, which include large pension funds, retirees and a wide […]

Cayman Islands: Parent Company Contribution Order: Potential Guidance for Irish Practitioners

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By Robin McDonnell and Karole Cuddihy From Maples and Calder In Lewis Holdings Limited & Others v. Steel and Tube Holdings Limited,1 the High Court of New Zealand made an order requiring a parent company to contribute to the debts of a subsidiary which was in liquidation. The decision is of interest to Irish practitioners […]