Konica Minolta deal in Motion
The Cayman Islands and Ramsey, N.J. – November 3, 2011 – Konica Minolta Business Solutions U.S.A., Inc. (Konica Minolta) today announced that Documents in Motion, Ltd. of the Cayman Islands has become an authorised dealer partner of Konica Minolta. Founded…
New service offers cheaper freight option
Sprint Express Services – a locally based courier company with 16 years of experience in providing courier and freight transportation services to the Cayman Islands – is now offering its clients a lower cost shipping option. “In addition to our…
New appointment at Harneys
Harneys has appointed former XXIV Old Buildings barrister David Herbert as head of the firm’s growing Cayman Islands litigation and insolvency team. Herbert, whose appointment as partner and Head of Cayman Islands Litigation & Insolvency takes effect 1 November, has…
Water company to review results
Consolidated Water Co. Ltd. which develops and operates seawater desalination plants and water distribution systems in areas where naturally occurring supplies of potable water are scarce or nonexistent, announced that it has scheduled a conference call for 10:00 a.m. Eastern…
CISPA promotes professor chair at the International College
The Cayman Islands Society of Professional Accountants has thrown its support behind the International College of the Cayman Islands’ fundraising initiative for an academic chair to hire a full-time professor in a strategic move to raise the bar in higher…
Maples recognised in Middle East Awards
Maples and Calder once again affirmed its position as leading offshore law firm in the Middle East as it scooped two awards at the 2011 IFLR Middle East Awards. Acting as Cayman Islands counsel on two award winning deals, Maples…
Cayman Islands continues captive market growth
(Grand Cayman- 28 October 2011) Third quarter figures from the Cayman Islands Monetary Authority (CIMA) show the continued resilience of Cayman’s captive insurance sector. CIMA licensed 29 captive insurance companies in the first nine months of 2011, 14 more than…
Greenlight upgraded to neutral rating
Greenlight Reinsuran (NASDAQ: GLRE) was upgraded by equities research analysts at Zacks Investment Research from an “underperform” rating to a “neutral” rating in a research note issued to investors on Wednesday. Greenlight Capital Re, Ltd. (Greenlight CapitalRe) is a holding…
Kirk Marine opens new store
Kirk Marine have opened a new store at the end of Eastern Avenue, George Town, just opposite Kirk’s Supermarket. The old store used to be located at the Industrial park area, but the new location is set to catch the…
Olympus lose $687m in rouge CI account
Olympus has defended paying $687m to financial advisers but refused to comment on its former CEO’s claims that the cash was channelled to ‘unknown parties in the Cayman Islands’. Asked why Olympus paid such a high fee in relation to…
