Ex-Polycom CEO settles with SEC over lavish spending
By David Ruiz, The Recorder SAN FRANCISCO — The former chief executive officer of Polycom Inc. has agreed to pay $450,000 to settle charges that he illegally used company funds to pay for luxurious vacations and expensive personal items like clothes…
Trinidad court stays Warner extradition proceedings
From Caribbean News Now PORT OF SPAIN, Trinidad — A high court judge in Trinidad has stayed extradition proceedings against former FIFA vice president Jack Warner, but the former minister’s attorneys say they will not be rushed as they seek…
Stephen Diamond and Patrick Steele join US Capital Partners
Leading private investment bank for the lower middle market appoints Managing Director and additional Vice President following another year of strong business growth. SAN FRANCISCO, JANUARY 2016 – US Capital Partners Inc. announced today that Stephen M. Diamond has joined…
Cayman LLC should offer a ‘cleaner’ vehicle for PE managers
By James Williams From Hedgeweek It’s safe to say that the Cayman Island Government’s in-tray is probably rather full at the turn of the year. Two major developments are in train, both of which are set to further enhance the…
Dole Packaged Salads Recall
From Foster’s Food Fair Tue, Jan 26, 2016 at 9:04 AM Following the information received regarding the Dole Packaged Salads Recall, please find attached official Press Releases. We are not affected by this recall. This information is also available on our…
iNews Briefs & Community Events (From BIG FISH 95.5)
Cayman Islands will NOT be introducing Daylight Saving Time anytime soon Premier Alden McLaughlin has confirmed that his government’s plan to introduce Daylight Saving Time this year will not happen. He gave the reason that there had been considerable…
Cayman Islands: BeiGene, Ltd. (BGNE) plans to raise $126M in February 4th IPO
By John Broton From EMQ News & Analysis BeiGene, Ltd. (BGNE) plans to raise $126 million in an IPO on Thursday, February 4th. The company will be issuing 5,500,000 shares at a price of $22.00-$24.00 per share. In the last 12…
Cayman Islands appoints new President of Court of Appeal
Her Excellency Governor Helen Kilpatrick has announced the appointment of Sir John Goldring to the Cayman Islands Court of Appeal as President. Throughout April and May 2015, the Judicial and Legal Services Commission carried out a recruitment process whereby the…
Canadian High Commissioner pays courtesy visit to Cayman Islands
Mr. Sylvain Fabi, Consul General to the Cayman Islands and Turks and Caicos and High Commissioner of Canada to Jamaica and for the Bahamas, paid a courtesy visit to Cayman Islands Premier Hon. Alden McLaughlin Friday, 22 January, 2016. Joining…
American doctor saved in the Cayman Islands
A doctor from Massachusetts is alive today thanks to quick reactions by hotel employees, first responders, and the skilled medical teams and surgeons at Health City Cayman Islands, and he now plans to partner with the facility that saved his…
