Butterfield receives prestigious Captive Services Award
Hamilton, Bermuda—23 August 2016: The Bank of N.T. Butterfield & Son Limited (“Butterfield”) today announced that it has received the award for best Collateral Service Provider – Letters of Credit from Captive Review in its 2016 US Captive Services Awards….
Tethys Petroleum Press Release: Par Value Reduction and Corporate Update
GRAND CAYMAN, CAYMAN ISLANDS–(Marketwired – Aug. 23, 2016) – Tethys Petroleum Limited (TSX:TPL)(LSE:TPL) (“Tethys Petroleum” or the “Company”) today announces a corporate update. Par Value Reduction The Grand Court in the Cayman Islands has approved a motion by Tethys Petroleum…
China’s economy is about to get pretty weird again
By Linette Lopez From Business Insider We know two things about China right now. We know that pretty much all of the country’s July economic data was bad. And we know the government is unlikely to do much about it —…
A ‘Venezuela’ is happening in capital markets
By Linette Lopez From business Insider This may be the darkest thing we’ve read about the market in a while. In a letter to investors marking his hedge fund’s 10th anniversary, James Litinsky of JHL Capital said he would rather be…
Setting a rogue to catch a rogue: the changing face of Lincoln’s Law
By Jennifer Brechbill, Stephanie L Carman & Natalie Theresa Sinicrope Contributed by Hogan Lovells US LLP From ILO Background American Civil War and creation of ‘Lincoln’s Law’ 1943 False Claims Act amendments 1986 False Claims Act amendments 21st century Background…
Lamborghini Centenario Roadster
Lamborghini just introduced its $2.3-million Centenario Roadster — and it’s already sold out BY NICK JAYNES From Mashable Lamborghini just unveiled the Roadster version of the most powerful car it has ever built. And it’s already sold out. To celebrate…
Envoy says Tehran eyeing Latin America as strategic friend
From Tehran Times TEHRAN – The Iranian ambassador to Havana has hailed Latin American countries and the Caribbean as ones of strategic importance not only because of economic merits but the role they play in international organizations. “The Latin American…
A world first? New guidance issued for listed companies conducting internal investigations
By Akihisa Shiozaki & Peter Coney Contributed by Nagashima Ohno & Tsunematsu From ILO Introduction The release of the Panama Papers was the latest major incident to shine a global light on corporate malfeasance. Japan has also experienced its share…
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The View from Europe: Rebalancing the Chinese economic relationship
BY: DAVID JESSOP From Barbados Advocate Last month the Inter-American Development Bank (IDB) published a paper ‘Chinese rise in the Caribbean – What does it mean for Caribbean Stakeholders?’ Although, in its conclusions, it said little more than a number…
Cayman Islands: CCUK hosts Third Annual Reception
Nearly 70 guests consisting of students, government officials and private sector members recently met for an evening of networking, opportunities and refreshment. On Thursday, 18 July 2016, Cayman Connection UK (CCUK) held its third annual reception at St. Ignatius, Loyola…
