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Day: July 6, 2012

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Fletcher Sues to Block Cayman Liquidation of Hedge Fund

Fletcher International Ltd., a hedge fund managed by the investment firm of Alphonse “Buddy” Fletcher, sued to block Cayman Islands-appointed liquidators from selling off its assets, after having filed for bankruptcy. The lawsuit, filed in U.S. Bankruptcy Court in Manhattan…

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Cayman National Tennis 10s has been rescheduled

Tennis Fans please note: The Tennis Federation of the Cayman Islands has rescheduled the next Cayman National Tennis 10s event for this Sunday, July 8th from 3.30 to 5pm at the Courts at Camana Bay. The session will be fun…

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Maples National Sevens Academy set for World Cup Training camp

The Maples National Rugby Sevens Academy departed for Canada on July 4th for an intensive 19 day camp that will see the players play in three world class tournaments and undergo training from some of the world’s leading sevens coaches….

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Building Materials Duty Concessions Extended

In an effort to further stimulate economic activity the government has extended import duty concessions on building materials. The Cabinet extended concessions on imports of building materials for a further six months until 31 December 2012. In announcing the extension,…

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Climatic Change-Up by Chris Dippel

I’m not a fan of baseball, either to play (too slow) or to watch (really too slow), but over its 150-year-plus history its enthusiasts have generated an interesting lexicon.  A change-up pitch, as I learned from my more learned colleagues,…

Cayman Court upholds restructuring arrangements and delineation of legal and beneficial interests

The Grand Court of the Cayman Islands last week handed down judgment in the closely followed case of Medley Opportunity Fund Ltd v Fintan Master Fund Ltd and Nautical Nominees Limited, says Peter Cockhill and Rachael Reynolds of Ogier. Medley…

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15 Surprising Uses for Bananas by Katie Waldeck

Katie is a freelance writer focused on pets, food and women’s issues. A Chicago native and longtime resident of the Pacific Northwest, Katie now lives in Oakland, California. Sure, most of us love to enjoy bananas for breakfast or, perhaps,…

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Ireland is a tax haven says Obama site

IRELAND HAS been described as a tax haven in a graphic posted on the website of US president Barack Obama. The image illustrates the investments of President Obama’s Republican opponent in the Presidential campaign, Mitt Romney. The locations that feature…

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Concerns over £7.5bn Cayman Island scheme ‘split Barclays and Financial Services Authority’

City regulators raised concerns with Barclays’ board in February about a breakdown of trust with the bank over incidents including a £7.5billion Cayman Islands scheme known as Protium to transfer toxic assets off its balance sheet. Andrew Tyrie, the chairman…

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Dishin’ with Dody: The Ewings, Ranch, and Dressing, too!

Dallas is back!  I’m not referring to the third largest city in Texas.  Nor, am I talking about the world famous Cowboy football team.  No, my excitement is the return of the soapiest of soap operas…the best of ‘80’s television…the…