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Cayman Court limits scope of arbitration clauses in dissolving limited partnerships

By Tony Heaver-Wren, Appleby In the recent case of Cybernaut Growth Fund, L.P.1, limited partners accounting for approximately half of the partnership interest petitioned to wind up the partnership (Partnership) on just and equitable grounds, based upon loss of trust…

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Jersey top offshore jurisdiction [Cayman ranked 3rd}

From Businesslife.co Jersey continues to be the top offshore jurisdiction in global rankings Jersey has maintained its top ranking amongst offshore jurisdictions in the latest Global Financial Centres Index (GFCI) and is again the only offshore location to feature in…

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Cabinet Agrees to Voluntary Separation Policy

The Voluntary Separation Policy (VSP) developed by the Deputy Governor and his Chief Officers has now received the approval of Cabinet. Civil Servants have until 31 October 2013 to review the policy, which the Portfolio of the Civil Service has…

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Vision impairment and blindness in dogs

Dogs do not rely on their sense of vision to the same extent as do humans. The dog’s vision is also not as highly developed as it is in humans. Dogs also cannot focus well on near objects, are partially…

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February 2014 Opening for Dr. Shetty Hospital

World renowned cardiologist and medical entrepreneur Dr. Devi Shetty told Cabinet Ministers and Councillors that the 150-bed Narayana Hrudayalaya Hospital in East End is scheduled to open on 24 February 2014.   Dr. Shetty and his team met Ministers and…

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Did you celebrate your Right to Know?

Did you see a sea of blue last Friday September 27th?   It wasn’t the weather, but a gentle reminder for you to don blue duds in support of transparency, accountability and participation. It was a chance to dress down…

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Minister shares Cayman tourism product at FCCA meeting

GRAND CAYMAN, Cayman Islands – Deputy Premier and Minister of Tourism Hon. Moses Kirkconnell is in Cartagena, Colombia, this week to attend the 20th Annual Florida-Caribbean Cruise Association Cruise and Conference Trade Show.   The Minister, Chief Officer Stran Bodden…

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Governor meets Bush and Premier opens KPMG Summit

New Governor Meets Opposition Leader Leader of the Opposition the Hon. McKeeva Bush, OBE, JP, today (Monday, 23 September 2013) attended his first official meeting with the new Governor, Her Excellency Helen Kilpatrick, CB, at her offices in the Government…

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Cayman drilling company announces commencement of ultra-deepwater drillship

Cayman Islands. Vantage Drilling Company announces commencement of operations for the Tungsten Explorer   Vantage Drilling Company (“Vantage”) (NYSE MKT: VTG) announced Monday September 22nd that the ultra-deepwater drillship, Tungsten Explorer, commenced initial operations in Southeast Asia on the morning…

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Beneficial Ownership Registries – Action Plans by Offshore Jurisdictions

In June, the United Kingdom Government told its Overseas Territories and Crown Dependencies to come up with plans to compile registers of beneficial ownership of companies domiciled in their jurisdictions.   The aim is to bring greater transparency to the…