November 15, 2019

Caribbean Club Shield – Day two tables and results [Cayman’s BT top Group C]

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From CONCACAF SOURCE: http://www.concacafleague.com/en/article/caribbean-club-shield-day-two-table-and-results After two days played in the inaugural edition of the Caribbean Shield Cup 2018, Concacaf.com presents the standings and scorers of the tournament.     Group A GP W D L GF GA GD Pts 1.- INTER MOENGOTAPOE 2 2 0 0 10 0 +10 6 2.- UNITE SAINTE-ROSIENNE 2 1 […]

Just one cigarette a day linked to risk of serious heart problems – study

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By PRESS ASSOCIATION From This is Money UK Even smoking just one cigarette a day is linked to major risk of heart problems, a new study suggests. Researchers said there is “no safe level” of smoking as they urged smokers to quit instead of “cutting down”. Their study found that smoking one cigarette a day […]

CAYMAN ISLANDS – Fundraising

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By Nicholas Butcher and Iain McMurdo, Maples and Calder From The Private Equity Review, 5th Ed.: Cayman Islands I GENERAL OVERVIEW The Cayman Islands (Cayman) are home to a well-established and ever-growing domicile for private equity funds. This can be seen in the statistics issued by the Cayman Islands Registrar of Partnerships. While a Cayman […]

Bride is forced to miss her £1,000 Caribbean honeymoon after a fall on her wedding day left her in a wheelchair for TWO YEARS

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By Amy Sharpe and Emily Chan For Mailonline Janice Williams, 49, from Croydon, married John, 62, in August 2014 Mother-of-three fell on her back while going to sit down at reception dinner She fractured her spine and was left in a wheelchair for nearly two years Her wedding day had gone without a hitch to […]

Luxembourg – Cayman: Private equity structures

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From Ogier Fund formation Global portfolio structuring Information on the Ogier Group and details of its regulators can be accessed via our website Many North American asset managers domicile investment funds with a Delaware-Cayman master-feeder fund which then invests globally via Luxembourg portfolio acquisitions structures. This briefing summarises some key characteristics of such structures, as […]

New Exempted Limited Partnership Law comes into force

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From Solomon Harris The Cayman Islands Exempted Limited Partnership Law, 2014 came into force last week following its gazettal on Wednesday, 2 July 2014. The new law (the ‘Law’) is the result of years of consultation with the financial services industry and is designed to make the already popular Exempted Limited Partnership (‘ELP’) investment vehicle […]

Cayman equity funds/Grenadians urged to accept sacrifices

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Private equity funds in the Cayman Islands From Mourant Ozannes Introduction This briefing explains the attractions for international managers, sponsors and investors of the Cayman Islands as the jurisdiction in which to domicile a private equity fund. The terms “private equity” and “closed-ended” are often used interchangeably, principally to differentiate funds of this type from […]

Alternative Investment Funds Guide 2014: Cayman Islands

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By Grant Dixon, Andrew Keast Investment Funds Maples and Calder Cayman Islands This article appeared in the 2014 edition of The International Comparative Legal Guide to: Alternative Investment Funds; published by Global Legal Group Ltd, London. Click here to view the publication’s website. Grant Dixon and Andrew Keast recently participated in a Q&A focused on […]

Cayman -deregistration of exempted partnership for continuation in another jurisdiction

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From Walkers INTRODUCTION Under the provisions of the new Exempted Limited Partnership Law, 2014 (the “ELP Law”) a general partner (“GP”), on behalf of a Cayman Islands exempted limited partnership (the “applicant Partnership”), which proposes to be registered by way of continuation as a partnership, body corporate or any other form of entity under the […]

Problem solved: New Cayman Contracts law

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The Contracts (Rights of Third Parties) Law 2014 From Solomon Harris The Cayman Islands Legislative Assembly has approved the anticipated Contracts (Rights of Third Parties) Law, 2014 (the ‘Law’), although it has yet to be formally Gazetted. Here we look at how the Law will affect existing and future contracts governed by Cayman Islands (‘Cayman’) […]