Air Passenger Duty (APD) hurting region
Chairman of the Caribbean Tourism Organisation (CTO), Richard Skerritt says Britain’s controversial Air Passenger Duty (APD) has resulted in a decrease in visitor arrival from the United Kingdom to the region. Last week, UK officials confirmed that the APD will…
Butterfield Partners with “Trustwave” to Assist Merchants in Protecting Credit Card Data; Complying with Industry Standards
Butterfield Bank (Cayman) Limited (“Butterfield”) today announced that it has partnered with Trustwave, a leading supplier of credit card security services, to help its merchant customers maintain compliance with payment industry standards and detect and avoid data breaches. Trustwave is…
Cayman to debut in LA (but it’s a car!)
Since the new Porsche Boxster early this year, German sports car lovers have been clamoring for the hardtopped version and according to Automotive News, the new Porsche Cayman will make its grand debut at the 2012 Los Angeles Auto Show…
Cayman Islands’ Grand Court approves privatisation plan of Alibada.com
Alibaba.com (1688.HK) will be delisted from the Hong Kong Stock Exchange and Clearing today (20), less than five years after its initial public offering on November, 6, 2007, reports Securities Daily. Alibaba.com, founded in 1999, was the only public firm of…
Appleby’s Litigation & Insolvency Practice Group added two new associates recently with the addition of Jeremy Snead and Anna Gilbert from Mayer Brown International LLP.
Jeremy will focus on banking and funds litigation, corporate dispute resolution, fraud litigation, insolvency and restructuring. He also has extensive knowledge of retention of title clauses, contractual interpretation, negligence and asset recovery. Jeremy is a graduate of the University College…
Thinking outside the box (using an offshore company in the Cayman Islands)
Cayman Islands and British Virgin Islands (BVI) companies (Offshore Companies) have been utilised in Hong Kong (HK) and Singapore for many years in respect of cross-border transactions, as a property holding vehicle or as a listing vehicle. This article shall…
Sunset House of Grand Cayman awarded Trip Advisor Certificate of Excellence
You can’t go wrong with this combination! Grand Cayman was chosen as the #1 Travel Destination in the Caribbean and Mexico by Trip Advisor Travellers in 2011, and Sunset House was just given a certificate of excellence by Trip Advisor…
A.M. Best Affirms Ratings of Cayman Islands’ Island Heritage Insurance Company, Ltd
Cayman Islands based insurance provider, Island Heritage, has had its financial strength rating of A-(Excellent) and issuer credit rating of “a-“affirmed by A.M Best Co. The outlook for both ratings is stable. Founded in 1899, A.M. Best Company is a…
MoneyGram who has agencies in the Cayman Islands expands service to Philippines
Dallas-based MoneyGram, who has agencies here in the Cayman Islands, said it has added 30 countries to its direct-to-account service for funds sent to the Philippines. The service enables customers to send funds directly into their family and friends’ bank…
Cayman Islands’ law firm Maples and Calder to add 75 jobs in Dublin
Minister for Jobs, Enterprise and Innovation Richard Bruton TD today announced that Cayman Islands headquartered Maples and Calder, a leading law firm in the Caribbean tax haven, which opened an Irish office in 2006 and has 175 jobs in Dublin, has…
