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Month: July 2019

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Cayman: Accident involving wave runner/Reported Indecent Assault in taxi under police investigation

From RCIPS Accident Involving Wave Runner Shortly after 8:30AM today, 31 July, officers responded to a report of an incident in the canal off Prospect Drive. A man had been aboard a wave runner when it exploded, injuring him. No…

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Cayman: Robbery at a Liquor Store in George Town

From RCIPS Around 10:10PM last night, 30 July, police officers were dispatched to a liquor store located on McClendon Drive, George Town, where it was reported that a single male entered the store with a machete and stole cash from…

31 Jul Weather in Cayman & Tropical Report – 2 Dist.

31 Jul Wed 2019 Tropical Report ATLANTIC Tropical Weather Outlook For the North Atlantic…Caribbean Sea and the Gulf of Mexico: NWS National Hurricane Center Miami FL 800 AM EDT Wed Jul 31 2019 EASTERN PACIFIC Tropical Weather Outlook NWS National Hurricane Center…

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Cayman: Cruise Port Ref. Updated figures & summary submissions

As the verification process on the cruise port referendum petition signatures moves forward, the Elections Office would like to inform the public on its current progress. As of 9 a.m. today (Tuesday, 30 July 2019), the Elections Office reports a total of 3,705…

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Cayman: Ministerial statement on completion of NiCE Summer Project

GRAND CAYMAN (GIS) – The Minister for Commerce, Planning and Infrastructure, Hon. Joey Hew informed the Legislative Assembly that a team of National Community Enhancement (NiCE) Project workers will be employed shortly for a further stint of sargassum clearing. His (Thursday,…

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Hedge fund fights over stem-cell company’s value in Cayman Court

By Bei Hu From Bloomberg Jayhawk wants court-assessed value for Global Cord Blood stake  Suit claims Global Cord directors not independent, impartial A case brought by a U.S. hedge fund against China’s Global Cord Blood Corp. may set a precedent in the…

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Privy Council backs Cayman pari passu clawbacks in Weavering liquidation

By Dominic Lawson From Global Restructuring Review The UK Privy Council has upheld recovery payments secured by liquidators of a Cayman Islands vehicle under the pari passu principle, marking the first successful clawback of shareholder redemption payments in the jurisdiction…

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The Editor speaks: Good announcement marred by name calling

When will politicians learn that by slamming the press by name gives them more readership? McKeeva Bush took a long time to learn that lesson when he ranted and raged on Cayman News Service when they weren’t the voice they…

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Cayman: Ogier back for a third year as title sponsor of Cayman Stroke and Stride

The Cayman Islands “Stroke and Stride” series supporting young triathletes and the Special Needs Foundation is back with a bang this August. The event is spread over three races on the first three Wednesdays in August, each including a swim…