Liquidators seeks U.S. bankruptcy for Platinum Partners’ funds [insolvency proceeding underway in Cayman Islands]
By Lawrence Delevingne and Tom Hals From Reuters Two Platinum Partners hedge funds have sought U.S. Chapter 15 bankruptcy protection as part of an ongoing liquidation effort, according to court documents filed in New York federal court Tuesday. In August,…
iNews Briefs & Community Events
Cayman Islands Conservation Council Meeting 26 October 2016 The National Conservation Council will hold a special general meeting on Wednesday October 26th, 2016, from 10am – 12 noon in Room 2112 of the Government Administration Building (Grand Cayman). The…
Offshore M&A deal flow calms after record 2015 says Appleby [Cayman Islands remained busiest location]
From FTSE GM Following record deal flow in 2015, the number and value of offshore M&A deals fell in the first half of 2016 says offshore law firm Appleby. The offshore region remains ranked sixth in the world by deal…
El Salvador ruling offers a reminder of why the TPP must be defeated
By Robin Broad and John Cavanagh From The Nation Obama is waging a full-court press to pass the unpopular trade treaty after the November elections. If you needed one more reason to take sides in the last great fight of…
Caribbean countries warned to closely monitor National Insurance Schemes
From Antigua Observer WASHINGTON, Oct 19, CMC – Caribbean countries have been warned that they need to build national awareness of the fiscal risk associated with pension schemes and need for reforms. “At a minimum, the actuarial deficits should be…
The Editor Speaks: Cayman aids Haiti
Cayman aids Haiti but why were our churches not at the forefront? Why is their effort so fragmented? They should have been showing us united LOVE. The Cayman Islands boasts one of the highest number of churches per capita of…
Qunar Cayman Islands Ltd.: Qunar enters into definitive merger agreement for going private transaction
BEIJING, Oct. 19, 2016 (GLOBE NEWSWIRE) — Qunar Cayman Islands Limited (NASDAQ:QUNR) (‘Qunar’ or the ‘Company’), China’s leading mobile and online travel platform, today announced that it has entered into a definitive agreement and plan of merger (the ‘Merger Agreement’)…
OUR CARIBBEAN: Any Trump tricks
From Rickey Singh TONIGHT’S THIRD and final presidential debate between Hillary Clinton and Donald Trump will take place amid increasing fears over the future of stable democratic governance in the world’s sole superpower. For a start, it is to be…
Cannabis reform is spreading across the Caribbean
BY JON HILTZ ON From Marijuana As if the Caribbean couldn’t get any better, it’s now a hotbed of marijuana reform. Jamaica finally decided to put a ring on it and allow for citizens and tourists to carry up to…
Caribbean heritage under threat
From Universiteit Leiden Loss of cultural heritage first brings to mind the destruction in the Middle East. But in the Caribbean it is mainly natural processes such as coastal erosion and human interventions driven by economics that are damaging the…