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Day: September 14, 2015

Caribbean News iBusiness iFinance iLocal News iTravel iWorld News News Publisher's Choice

Liquidators to take possession of bankrupt Bahamas resort

By Geoffrey Brown Nassau Guardian Business Reporter From Caribbean News Now NASSAU, Bahamas — The joint provisional liquidators of the bankrupt Bahamas multibillion dollar megaresort Baha Mar on Thursday undertook to continue “working closely” with all appropriate stakeholders as they…

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Boot camps to kickstart public-private partnerships in the Caribbean

By David Bloomgarden and Dennis Blumenfeld From FOMIN The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services…

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Destination of the week

How to survive Barcelona’s top 4 attractions By Regina W Bryan From eurocheapo There’s no such thing anymore as a quiet stroll down La Rambla. Photo: Jason Paris At its best, Barcelona is an enchanting Mediterranean city with creative cuisine,…

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Walkers represents beneficial interest holders in successful petition for winding up in the Cayman Islands Court

By Fraser Hern, Joanne Collett, Barnaby Gowrie and Peter Kendall From Walkers Last Updated: 14 September 2015 The frustration of funds and investment houses, holding beneficial interests in notes issued by defaulting Asian corporates, in not being able to cause…

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Fiduciary duties of a general partner of a Cayman exempted limited partnership

From Loeb Smith10 September 2015 The Cayman Islands (Cayman) continue to be the leading offshore jurisdiction for the establishment of hedge funds, private equity funds, and investment funds focused on other asset classes. A large number of Cayman funds are…

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Hollywood pilot on Tom Cruise film killed in Colombia crash

By Joshua Goodman And Jacobo Garcia, Associated Press Bogota, Colombia — Sep 12, 2015, 12:12 AM ET From ABC News A small plane assigned to the crew of a movie starring Tom Cruise crashed in the Colombian Andes on Friday,…

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The Oscar Winning “Citizenfour” kicks off HBO’S 2015 documentary season

Documentaries premiere each Monday from October 5th to December 14th in the Caribbean Miami, FL – September 11th, 2015 – HBO revealed the list of titles that will compose its 2015 documentary season in the Caribbean, ranging from the highly…

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destruction caused by California fires

Post-apocalyptic level of destruction caused by California fires By Meghan Keneally From ABC News Dueling fires in California have caused mass evacuations and left destruction in its wake. The Valley Fire, which is centralized about 100 miles north of San…

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Feds’ fraud case over bulletproof vests moves closer to a trial

By Zoe Tillman, From Legal Times The U.S. Department of Justice’s decade-old fraud case against a Japanese textile company that supplied material for bulletproof vests bought by law enforcement agencies is one step closer to a trial. A federal district…

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The View from Europe: Investing in tourism

By David Jessop From Caribbean News Now A few days ago in London, the Bahamas prime minister, Perry Christie, told a meeting organised by Caribbean Export that the region needed a new formula to maximise investment. Caribbean Export’s message was…