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Cayman Yacht Seminar a resounding success!

The Cayman Yacht Seminar held during the Monaco Yacht Show 2012, “was another resounding success”, reports Greg Evans – Director, Global Safety and Compliance of the Maritime Authority of the Cayman Islands. Around 60 invited guests attended the Salon Americas…

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Is Delaware the New Cayman Islands?

By: Amber Przybysz, Jubilee USA Network You might have heard of shell companies located in exotic locations like the Cayman Islands, but one of the largest playgrounds for such untraceable companies is actually the United States.  In fact, Delaware is…

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China Nuokang Enters Definitive Agreement For Going Private Transaction

BEIJING, Sept. 27, 2012 (GLOBE NEWSWIRE) — China Nuokang Bio-Pharmaceutical Inc. (NKBP) (“Nuokang” or the “Company”), a leading China-based biopharmaceutical company focused on the research, development, manufacture, marketing and sales of hospital-based medical products, today announced that it has entered…

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Maples and Calder Global Managing Partner Appointed to AIMA Council

Maples and Calder is pleased to announce the appointment of its Global Managing Partner, Henry Smith, to the global Council of the Alternative Investment Management Association (AIMA) following a membership vote at the association’s AGM in London on 20 September…

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Ritz-Carlton Grand Cayman’s balance sheet shows insolvency of $340M

Offshore Alert has announced on their website that: “The Ritz-Carlton, Grand Cayman development appears to be insolvent by at least US$340 million, developer Michael Ryan and related firms took out more than US$44 million from 2005 to 2012 in circumstances…

Government recruitment requests being tied to budget

At the Deputy Governor and Chief Officer’s meeting held on 17th Sep. the recruitment moratorium as required by the budget was discussed. The minutes of the meeting said: “Every request is being looked at in light of the budget for…

Bush in Greenland for OCTA conference highlights “harmful” document

Cayman Islands premier, Hon. McKeeva Bush, at 13th meeting of the Overseas Countries and Territories Association (OCTA) in Greenland, presented on behalf of the Cayman Islands and other territories, the pressing need to change Article 70 of the draft Overseas…

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Lighter-than-air craft rise again

By Jon Stewart A behind the scenes look at the project to build a radical new airship that could soon crisscross our skies. If you like the idea of cruising on a ship in laid-back luxury, but prefer the speed…

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99 Percent – 47 Percent = “If you’re able to have Cayman Islands bank accounts… you’re successful”

By Daniel N. Nelson, CEO, Global Concepts & Communications, LLC From huffingtonpost How many Americans can Willard Romney alienate in the shortest possible time? Apparently, most of us. With astounding dexterity, “Mitt” is entirely capable of pissing off our British…

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Cayman Government cracks down on illegal public vending

Vendors who set up shop in public spaces – such as beaches – without a valid trade and business license are breaking the law and, as of 1 January 2013, they will be prosecuted under Section 163 of the Penal…