BELIZE: First Caribbean crippled by mass sickout of bank employees
From 7 News Belize (September 11, 2015) Today, First Caribbean Bank Branches across the country were closed – because no one showed up for work! The employees staged a sick out after they learned that the vesting act to transfer…
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The future of Cayman Islands telecommunications
Research and Markets: The Future of Cayman Islands Telecommunications Market to 2025 – Analysis and Outlook of Mobile, Fixed Line and Broadband Sectors September 11, 2015 08:03 AM Eastern Daylight Time DUBLIN–(BUSINESS WIRE)–Research and Markets (http://www.researchandmarkets.com/research/hw9cc2/the_future_of) has announced the addition…
The world’s largest stock-focused hedge fund might have to refund its investors
By Julia La Roche From Business Insider Adage Capital is located in the John Hancock Tower in Boston. Everyone is asking the wrong question about hedge fund performance The cofounder of one of the biggest hedge funds in the world…
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iNews Briefs, More & Community Events
Community Events RENT: The Musical Opens 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…
Cayman Islands Rotary books junior literacy
Literacy Day celebrations took on a special meaning for Government primary school students throughout the Cayman Islands yesterday (Tuesday, 8 September, 2015), thanks to a generous donation from local Rotarians. The Rotary Sunrise Club donated almost 700 illustrated dictionaries for…
Kinetic Partners’ Cayman Islands restructuring and corporate recovery group rebranded as Duff & Phelps
GEORGE TOWN, CAYMAN ISLANDS, September 9, 2015 – Duff & Phelps, the premier global valuation and corporate finance advisor, today announced that the Cayman-based Restructuring and Corporate Recovery team at Kinetic Partners will now do business under the brand name…
WSJ: Auditor only closed 1MDB’s books after UAE firm guaranteed US$2.32b in Caymans
From Malay Mail Online KUALA LUMPUR, Sept 9 — An audit firm only signed off on 1Malaysia Development Berhad accounts after Middle Eastern firm Aabar Investments helped guaranteed the US$2.32 billion (RM9.99 billion) held by the state-owned firm in the…
Termination of Cayman Vehicles – Act quickly to avoid 2016 annual fees and audit
From Ogier CIMA has historically allowed registered funds that have operated but are now being terminated to apply for a part-year audit waiver when the initial termination filings are made. Although the waivers were discretionary, CIMA almost always granted them….
Ogier is named International Legal Team of the Year by STEP
Ogier has been named International Legal Team of the Year by STEP in the tenth annual STEP Private Client Awards. Ogier’s Trust Advisory Group were there to receive the award at a London ceremony last night. The Presiding Judges commented:…
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NFL on defensive end of suits over televised games
By Amanda Bronstad, From The National Law Journal The National Football League is playing defense against several class actions alleging antitrust violations over its Sunday Ticket package, which allows fans to watch games broadcast outside their local television market. At…
