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Day: March 19, 2017

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Cayman Islands: Maples Group assists MJX Asset Management on first new-issue CLO of 2017

Maples and Calder and Maples Fiduciary have assisted MJX Asset Management (“MJX“) on its dual compliant $528 million Venture XXVI CLO – the first new-issue CLO of the year globally. The deal, which priced on 19 January 2017, was arranged…

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Activist urges Cayman Islands to grow marijuana after long wait for cannabis oil from Jamaica

From Jamaica Observer GEORGE TOWN, Cayman Islands (CMC) — The Government of the Cayman Islands is being urged to cultivate marijuana locally. The call came from local activist Dennie Warren Jr who was central to the campaign that led to…

The Editor Speaks: Bureaucrats

At some time in our life we all have had to fight with bureaucrats and bureaucracy. In one of our stories today “Activist urges Cayman Islands to grow marijuana after long wait for cannabis oil from Jamaica”, Dennie Warren Jr…

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Mergers and fair value petitions: Cayman Case law update

Written by Bernadette Carey, Counsel | Conyers Dill & Pearman From Business BVI The Cayman Islands has recently seen a flurry of merger activity, in many instances as a result of listed entities seeking to engage in ‘go private’ deals involving…

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Yello launches Annual Community Recycling Programme in Cayman Islands

Yello has launched the eagerly anticipated Community Recycling Programme “Yellow2Green”.  Starting this week, communities and businesses are invited to participate in one of the most impactful environmental initiatives within the Cayman Islands.  An island-wide annual event, Yellow2Green is an eco-friendly…

Lanarkshire couple funded luxury holidays to Cayman Islands and Las Vegas and drove Range Rovers after dodging almost £1m in tax

By David Meikle From The Scottish Sun TAX DODGERS JAILED -Michael Howard, 44 and his wife Donna, 43, ran a security systems business and enjoyed a multi-million pound turnover A COUPLE who funded their extravagant lifestyle by dodging almost £1million…

Health City Cayman Islands completes 300 sleep studies

Milestone reached as World Sleep Day is observed on Friday, March 17 CAYMAN ISLANDS (March 16, 2017) – Health City Cayman Islands (HCCI) has completed 300 sleep studies, just in time for the 10th global observance of World Sleep Day…

Derek Walcott, who wrote of Caribbean beauty and bondage, dies at 87

From KHSU Derek Walcott’s work explored the beauty of his Caribbean homeland and its brutal colonial history. The prolific, Nobel Prize-winning poet and playwright died Friday at his home in St. Lucia. He was 87. Walcott wrote dozens of books…

Cayman Islands: FATCA repeal on agenda of US Republicans

From IFC Review. Washington’s Foreign Accounts Tax Compliance Act, known as FATCA, will be assailed afresh as lawyers and lobbyists renew efforts to repeal the law as part of President Donald Trump’s tax reform, reports Cayman Compass. Washington-based Jim Jatras,…

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The Unfinished Work of Maurice Bishop, by Peter Binose

Here is an extract of the last chapter in Peter Binose’s unpublished book about Maurice Bishop. I am not sure when Peter actually wrote this because he started the book in 2004 and I believe but am not sure finished…