January 19, 2020

New Cayman base to bring funds to Oyo

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From ETech Oyo founder Ritesh Agarwal has set up a Cayman Islands-registered entity, RA Hospitality, which will look to make fresh investments in the SoftBank-backed hospitality chain Ritesh Agarwal, founder and group chief executive of Oyo Hotels & Homes, has set up a Cayman Islands-registered entity, RA Hospitality, which will look to make fresh investments in the SoftBank-backed hospitality […]

Other Voices: Changes in Cayman could impact hedge fund compliance

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by Hardin Compliance Consulting From Opalesque As of July 1, 2018, companies and limited liability companies incorporated or registered in the Cayman Islands are required to maintain a beneficial ownership register at their Cayman Islands-registered offices (or appointed service provider), unless an exemption applies. Hedge funds and private investment companies registered as companies or limited […]

Abraaj restructuring request approved by Cayman Islands court

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By Sarah Townsend From The National Abraaj Group said on Tuesday a Cayman Islands court approved a request by the embattled buyout firm for a provisional liquidation of the business, enabling a court-supervised restructuring and protection of stakeholders’ rights. The Grand Court of the Cayman Islands appointed Simon Conway of PwC Corporate Finance and Recovery […]

Cayman Islands on hunt for $1 billion void in CAMAC’s books

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From Africa Intelligence American-Nigerian oil man Kase Lawal‘s legal woes seem to be only just beginning. The liquidation of the Cayman Islands-registered company CAMAC International is being very closely tracked by the financial services division of the country’s Grand Court. On April 9, two of the court’s representatives requested all recorded information relating to the […]

Cayman Islands firm to build Lamu gas plant

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By VICTOR JUMA From Daily Nation In Summary Midway Resources International and local partner set to carry out feasibility study The project is anticipated to produce between 50 and 200 MW of electricity in the first phase, which could be scaled up to 1,200 MW Amu Power, a consortium comprising Centum Investment Company, also plans […]

Cayman Islands offers YET registration

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By BRYONY MCCABE From Superyacht News The scheme enables Cayman-flagged private yachts to charter for a for a limited time per year in France… The Cayman Islands Shipping Registry (CISR) has announced the procedure that is to be followed by a pleasure yacht registered in the Cayman Islands in order to obtain Yacht Engaged in […]

iNews Briefs & Community Events

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Thirsty? By Paul McGowan From PS Audio No problem, turn on the tap and quench that thirst. In my home, the water tastes a little funny so I installed a filter that is said to remove 99.9% of impurities. Water tastes better. Stay hydrated. It’s important to your health. We don’t think much about clean […]

Cayman Islands guide to ship finance 2016

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From Harneys This Cayman guide to ship finance provides an overview of the key shipping-related issues, legal system and laws in Cayman, and explores the following questions:  Due diligence 1. How does one demonstrate title to or legal ownership of a vessel registered under the laws of your jurisdiction? A certificate of registry issued by […]

Hon Hai [incorp in Cayman Islands] manufacturer eyes primary listing

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From The China Post TAIPEI–General Interface Solution (GIS) Holding Ltd., the touch panel module manufacturing unit of Hon Hai Precision Industry Co., has filed an application to seek a primary listing on the main board, according to the Taiwan Stock Exchange (TWSE). TWSE said that GIS, incorporated in the Cayman Islands, is the ninth foreign […]