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Day: August 28, 2013

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The Editor Speaks: Police did well in recapturing 2 out of 3

Hopefully by the time you read this editorial it will be three out of three. I am speaking about the Northward prison escape when convicts Steve Manderson, 44, serving life for murder; his son Marcus Manderson, 25, serving 10-years for…

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Shoaib Malik, Krishmar Santokie top CLP batting and bowling averages

From ibnlive Port-of-Spain: Shoaib Malik of the Barbados Tridents and Krishmar Santokie of the Guyana Amazon Warriors finished as the top run-scorer and wicket-taker, respectively, of the inaugural Caribbean Premier League (CPL). Malik tallied 272 runs in eight games to…

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Walkers turns to Maples for funds hire

By Joanne Harris From The Lawyer Walkers has picked up a partner from Maples and Calder in a boost for its Cayman Islands investment funds team. Dawn Howe is joining Walkers’ London office initially and will eventually relocate to the…

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Walkers’ sponsored students spend summer as legal interns

As part of the firm’s commitment to developing the next generation of Caymanian attorneys, a number of Walkers’ sponsored law students spent part of the summer working with Walkers, gaining valuable experience and an insight into life at a busy…

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Three European banks under Sebi scanner for round-tripping

By PTI From Mydigitalfc At least three large European banks’ dealings with Indian companies and individuals are being probed for alleged round-tripping of funds by using certain multi-layered transactions in violation of Sebi norms. It is suspected that some portfolio…

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Webb praises Cayman for hosting U-15 Boys Tournament

The president of the regional footballing body CONCACAF, Jeff Webb, praised Cayman for a job well done in hosting the inaugural U15 development tournament. “The inaugural 2013 U15 Boys CONCACAF Tournament in the Cayman Island has been a success,” he…

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Icahn asks judge to dismiss Herbalife short-seller’s suit

By Christie Smythe  From Bloomberg Carl C. Icahn asked a court to dismiss a lawsuit filed by a short-seller who accused the billionaire investor of improperly propping up Herbalife Ltd. (HLF)’s share price to settle a score with Bill Ackman….

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iNews briefs

Golden boot for Cayman footballer Cayman Islands U15 footballer, Leighton Thomas Jr, won the ‘golden boot’ at the U-15 CONCACAF Tournament by being the highest grossing football scorer in the competition. This was despite Cayman failing to progress to the…

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Cayman Islands July Cruise Passengers Fall 27.4% Y/y

By Ainhoa Goyeneche – Bloomberg Attached is a summary table for the Cayman Islands July cruise passenger traffic statistics from the Port Authority of the Cayman Islands: SOURCE: Port Authority of the Cayman Islands To contact the reporter on this…

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The obesity era

by David Berreby From aeon magazine ‘The previous belief of many lay people and health professionals that obesity is simply the result of a lack of willpower and an inability to discipline eating habits is no longer defensible.’ Photo by…