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Month: January 2016

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Court removes KPMG as provisional liquidators for Pacific Andes – next hearing Cayman Islands

By Tom Searman Undercurrentnews Hong Kong’s High Court has removed KPMG as provisional liquidators of Pacific Andes International Holdings subsidiary China Fishery Group, sources told Undercurrent News. This removal of KPMG, who were appointed after a filing from lender HSBC, means…

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JTC Cayman acquisition bolsters fund administration capabilities

Independent institutional and private client service provider JTC has extended the capabilities of its Cayman Islands office to offer a broad range of fund administration services, following the completion of its acquisition of GAM’s fund administration business based there. Having…

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Cayman Islands Ministry of Education hosts meeting about Overseas Tertiary Scholarships

The public is invited to attend a meeting about overseas scholarships hosted by representatives from the Ministry of Education’s Scholarship Secretariat. Details of the meeting are as follows: DATE: Tuesday 12th January, 2016 TIME: 5:30pm – 7:00pm WHERE: George Town Town…

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Jewish art-dealing dynasty stands trial for alleged $600M tax fraud

From United Jewish Federation of Tidewater (JTA) — Members of a French-American Jewish art-dealing dynasty went on trial in a case that could see authorities demand $600 million in back taxes. Guy Wildenstein, 70, the heir to his family’s New…

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prints and t-shirts by Yeah

Typographic prints and t-shirts by Yeah Awesome Wow Nice From Designer Daily The least you could say is that the designer duo behind YAWN chose a quite enthusiastic name for releasing their illustrations and prints. The acronym YAWN means Yeah…

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Greenland aiming to opt out of Paris Climate Accord

By H. STERLING BURNETT From News Heartland Even before the ink dried on the UN climate agreement developed in Paris, Greenland is angling to opt out of its commitments under the accord due to its impacts on the territory’s energy sector. …

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Robert De Niro’s Caribbean resort plan draws criticism

By ELAINE GLUSAC From The New York Times In the year since the government of Antigua and Barbuda and investors led by the actor Robert De Niro announced plans to open a luxury resort on the smaller of the dual-island…

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Women lawyers tell US Supreme Court about their own abortions

By Tony Mauro, From The National Law Journal More than 100 women lawyers joined in a brief to tell the U.S. Supreme Court about their own abortions and why their reproductive freedom was pivotal to their personal and professional lives. The…

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Lieff Cabraser team sues Fitbit over heart rate readings

By Marisa Kendall, From The Recorder SAN FRANCISCO — A team from Lieff Cabraser Heimann & Bernstein is aiming for the jugular in a new suit against Fitbit Inc., claiming the company’s wearable heart rate monitors don’t work as advertised. Fitbit’s…

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US Federal Circuit casts doubt on Apple-Samsung verdict

By Scott Graham, From The Recorder Apple Inc. may have collected $548 million from Samsung Electronics Co. last month from its first smartphone “trial of the century.” But the $119 million it recovered in a second trial appeared in serious…