A.M. Best assigns Debt Rating to XLIT Ltd.’s Senior Unsecured Notes
OLDWICK, N.J.–(BUSINESS WIRE)–November 19, 2013– A.M. Best Co. has assigned a debt rating of “bbb” to the USD 600 million senior unsecured fixed rate notes issued by XLIT Ltd. (Cayman Islands) and guaranteed by XL Group plc (XL) (Ireland) [NYSE:XL]….
Starbucks Once Again Fails To Stop New Hampshire Company From Selling ‘Charbucks’ Coffee
By Chris Morran From Consumerist Black Bear has been fighting the legal battle with Starbucks over the Charbucks name for more than a decade. It’s been a couple years since we last heard about the Starbucks v. Charbucks legal battle,…
Cayman National [Isle of Man] acquires HL Fiduciaries Limited
By Stephen Ritch From Isle of Man.com Cayman National acquires HL Fiduciaries Limited Cayman National Bank and Trust Company, based in Hope Street, Douglas, has completed the acquisition of the clients of specialist fiduciary service provider HL Fiduciaries Limited, from…
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IOC awards 2016 broadcast rights in the Caribbean
The International Olympic Committee (IOC) has awarded the broadcast rights in the Caribbean to the CANOC Broadcasting Inc. (CBI) for the Games of the XXXI Olympiad in Rio de Janeiro, Brazil (2016). CBI has acquired broadcast rights on all media…
The Caribbean’s leading tour operator comes up big at the World Travel Awards 2013
Rodney Bay, Saint Lucia — (SBWIRE) — 11/11/2013 — St. Lucia owned and operated tour and travel company, Barefoot Holidays, has been awarded the coveted title of being Caribbean Leading Tour Operator in the World Travel Awards 2013, the second…
Design of Google’s mystery barge revealed in new proposal
From The Verge The mystery barge taking shape in San Francisco Bay will eventually be a 50-foot-tall, 250-foot-long structure made of recycled shipping containers and surrounded by sails resembling fish fins, according to documents unearthed by the San Francisco Chronicle….
Farmington Convention and Visitors Bureau redacts names of those suspected of benefiting from embezzlement
By Dan Schwartz The Daily Times FARMINGTON — A form letter written for the Farmington Convention and Visitors Bureau and sent to people believed to have benefited from a nearly half-million dollar embezzlement scandal assured the recipients that their names…
Conyers co-sponsors ABA seminar ‘The Pros and Cons of Offshore Centres’
From The Lawyer Conyers Dill & Pearman has announced that it is co-sponsoring the American Bar Association Section of International Law’s upcoming seminar, The Pros and Cons of Offshore Centres. Held on 16–17 of January 2014 at the Westin Grand…
Babcock & Brown executives broke law, writ alleges
By Ben Butler The Sydney Morning Herald Former Babcock & Brown chief executive Phil Green and other executives of the failed merchant bank breached corporate law by putting the company’s desire for millions in fees ahead of the interests of…
Caribbean Diversified Investments announces private placement
TORONTO, ONTARIO — (Marketwired) — Caribbean Diversified Investments, Inc. (CNSX: HDC) (the “Company” or “Caribbean Diversified Investments”) today announced that it intends to raise gross proceeds of up to CDN $2,000,000 through a non-brokered private placement of working capital units…
