Multi-Billion-Dollar International litigation begins in Cayman Islands
The eyes of the international financial community around the world will be on the Cayman Islands beginning Monday (18 July), when the largest trial in the history of this jurisdiction, with billions of dollars at stake, begins in Grand Court….
Morty Valldejuli has been promoted Vice President Managing Director at Westin Grand Cayman Seven Mile Beach Resort & Spa, Cayman Islands
From Hospitality Net Following four years of success as General Manager/Area Managing Director, Valldejuli has been promoted to Vice President Managing Director of Westin Grand Cayman Seven Mile Beach Resort & Spa. In his new role, Valldejuli has oversight of…
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Cayman’s DMS Bank sued by victims of CWM Group’s £50M investment fraud From OffshoreAlert Cayman Islands-based DMS Bank and a BVI-domiciled client are being sued by 318 victims of a £50 million investment fraud that was committed by Anthony Constantinou’s…
New therapy to reduce hair loss trauma for chemo patients in Cayman Islands
The Health Services Authority (HSA) Chemotherapy Unit now offers cold cap therapy that may help to prevent or reduce hair loss among chemotherapy patients thanks to a donation made by the Breast Cancer Foundation (BCF). The BCF recently donated 50…
Be proactive this Summer with tips from the Cayman Islands NDC
Summer break is finally here and for teens this means no homework, loads more free time and less adult supervision. For your teen however, it can also mean higher chances of an increased opportunity for situations to arise where peer…
The Editor Speaks: A quick exit after all and a new entrance
After what seemed to be a long wait for UK’s former Prime Minister, David Cameron, to exit he suddenly was gone. And a woman has come to the fore, Theresa May. I have to admit I have not been a…
HSBC avoided criminal charges over fears of ‘systemic risk’
From Offshore Bankers The U.S. Department of Justice refused to prosecute HSBC in 2012 for laundering Mexican drug money through a Cayman Islands subsidiary and other violations after U.S. officials heard from the U.K. government that doing so could lead…
Ericsson’s services for Flow mobile networks in Caribbean
From Zacks Swedish communication technology and services giant Ericsson won a contract extension to provide world-class managed services to C&W Communications, which owns the retail brand Flow. C&W Communications was acquired by Liberty Global (LiLAC Group) earlier this year. The…
Cayman Islands 2016 Half-Yearly Crime Statistics Show Large Drops in Serious Crimes, but Spike in Lower-Level Offences
From RCIPS 2016 Half-Yearly Crime Statistics Show Large Drops in Serious Crimes, but Spike in Lower-Level Offences Increases Overall Crime Rate by 10% Today, Thursday, 14 July, the RCIPS held a press conference on the release of the crime statistics…
ON THE RIGHT: Caribbean tourism will feel Brexit
By David Jessop From Barbados Nation News IT SEEMS TO ME, when I was looking at some of the issues for tourism, that the tourism industry doesn’t actually have the same luxury to wait and take some of this analysis…