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Cayman Islands Education Plan of Action 2015-2016

During the 2014-15 academic year, the Ministry of Education commissioned baseline school inspections of all government schools, in order to ascertain the state of affairs in our education system as it pertains to the quality of provision, teaching and learning,…

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Liquidators to take possession of bankrupt Bahamas resort

By Geoffrey Brown Nassau Guardian Business Reporter From Caribbean News Now NASSAU, Bahamas — The joint provisional liquidators of the bankrupt Bahamas multibillion dollar megaresort Baha Mar on Thursday undertook to continue “working closely” with all appropriate stakeholders as they…

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Barbados: Not international business as usual

By Rene Butcher From Barbados Nation News Barbados’ offshore financial services sector is again under threat. The Organisation for Economic Cooperation and Development (OECD), G20 and the European Union (EU) are acting in concert, armed with the Foreign Account Tax…

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Boot camps to kickstart public-private partnerships in the Caribbean

By David Bloomgarden and Dennis Blumenfeld From FOMIN The concept of public-private partnerships is in vogue in the Caribbean. Some governments mistakenly believe that PPPs allow the private sector to build and maintain infrastructure like roads, and provide public services…

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Walkers represents beneficial interest holders in successful petition for winding up in the Cayman Islands Court

By Fraser Hern, Joanne Collett, Barnaby Gowrie and Peter Kendall From Walkers Last Updated: 14 September 2015 The frustration of funds and investment houses, holding beneficial interests in notes issued by defaulting Asian corporates, in not being able to cause…

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Fiduciary duties of a general partner of a Cayman exempted limited partnership

From Loeb Smith10 September 2015 The Cayman Islands (Cayman) continue to be the leading offshore jurisdiction for the establishment of hedge funds, private equity funds, and investment funds focused on other asset classes. A large number of Cayman funds are…

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Feds’ fraud case over bulletproof vests moves closer to a trial

By Zoe Tillman, From Legal Times The U.S. Department of Justice’s decade-old fraud case against a Japanese textile company that supplied material for bulletproof vests bought by law enforcement agencies is one step closer to a trial. A federal district…

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The View from Europe: Investing in tourism

By David Jessop From Caribbean News Now A few days ago in London, the Bahamas prime minister, Perry Christie, told a meeting organised by Caribbean Export that the region needed a new formula to maximise investment. Caribbean Export’s message was…

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iNews Briefs, More & Community Events

Community Events RENT: The Musical Opened Thursday September 10th, 2015 Runs to October 3rd, 2015 Thursdays, Fridays and Saturdays Doors open at 6:30 PM for Happy Hour try our special Tom Collins cocktail! at The Prospect Playhouse Do not miss…

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Cayman Islands students fare well in international essay competition

This release is being disseminated on behalf of the Royal Commonwealth Society, Cayman Islands Branch.   Cayman Islands students from private and public schools have done very well in the Royal Commonwealth Society’s Essay Competition, according to local branch head,…