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Day: April 26, 2017

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Ogier Cayman Islands acts for BTG Pactual in the restructuring of major Brazilian drugstore chain

Ogier has acted for BTG Pactual Participations Ltd. and certain of its affiliates in respect of its recent restructuring of its interests in major Brazilian drugstore chain, Brasil Pharma S.A. The transaction involved a combination of an equity restructuring and…

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Nearby ‘super-Earth’ may be our best shot yet at finding alien life

By Jon Fingas From engadget LHS 1140b is in just the right orbit for atmospheric studies. Scientists are finding potentially life-bearing planets at a surprisingly high rate, but the latest may be more tantalizing than most. A research team has…

STEP CC 17 coming to Cayman Islands

Set to land in Grand Cayman, May 1 — 3, 2017, STEP CC 17 promises to be a gathering place for some of the best and brightest minds in the region and beyond. With professional development a key factor in…

Aud Gen & Pres of India

Cayman Islands Auditor General meets the President of India From the Cayman Islands Auditor General’s Office Auditor General, Sue Winspear, attended the 23rd Commonwealth Auditors General Conference in New Delhi, India last month. She joined 74 participants from 36 countries…

ESPN laying off about 100, including on-air talent

By: Jason Aycock, SA News Editor ESPN (NYSE:DIS) is reportedly laying off about 100 workers, more than even raised estimates had suggested, in what amounts to a remaking of its approach to employment structure centered around changes to its SportsCenter…

Scientists successfully grew fetal lambs inside ‘uterus-like’ bags

By Andrew Dalton, From engadget Doctors at Children’s Hospital of Philadelphia have developed a new artificial womb that could benefit the tens of thousands of critically preterm (younger than 26 weeks) births in the US each year. According to a…

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Government cuts $700,000 subvention to St Lucia National Trust

From Caribbean News Service CASTRIES, St. Lucia, Apr 26 2017 – Prime Minister Allen Chastanet says cash flow problem being experienced by his government is the main cause for the removal of the EC$700,000 subvention to the St. Lucia National…

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A group of 4 drones grounded 60 flights in a day, leaving 10,000 passengers stranded

BY YVETTE TAN From Mashable An illegal flying stunt of a group of four drones caused more than 60 flights to get disrupted on Friday — the third such incident in a week. More than 10,000 passengers were left stranded,…

Families and Firewalls—New Trusts Case Law in the Cayman Islands

Article by Robert Lindley and Bernadette Carey From Conyers Dill & Pearman Private Client analysis: Robert Lindley, counsel & head of private client and trust department for both the Cayman Islands’ and British Virgin Islands’ offices of Conyers Dill &…

NCDS in the Caribbean

From Healthy Caribbean Coalition NCDs Fast Food NCDs cause the majority of premature adult deaths and pose a serious threat to health and development in the region. NCD mortality in the Caribbean is the highest in the Americas. On average,…