Energy independence for Caribbean region means million will be lifted out of poverty by 2031
By Silbert S. Barrett, ASCE (Aff.M.) Sustainable Strategist for Funding Major Infrastructure at Brittenwoods International, From Linkedin Pulse The dream of energy independence for the Northern Caribbean nations of Jamaica, Cayman, Cuba, Haiti, Bahamas and the Dominican Republic have gotten…
iNews Briefs, More & Community Events
Community Events Grand Court Jurors Report Date Changed The Grand Court jury report date has been changed. Grand Court Jurors who are in the 1 July – 6 October 2015 session are now to report on Monday, 3 August, 2015…
Macquarie sues Cayman fund Artefact over Van Eyk failure
By Ben Butler From THE AUSTRALIAN Macquarie has launched legal action in London on behalf of investors in Van Eyk funds as part of an international hunt for millions of dollars belonging to the failed finance empire. The target of…
Cayman Islands: Walkers Professional Services welcomes Steven Manning into its fiduciary team
Grand Cayman – Walkers Professional Services is pleased to announce the recruitment of Steven Manning as Director of its fiduciary services. Steven has broad fiduciary experience, sitting on the boards of various asset finance and structured finance companies. He specialises…
Scotland: Rangers suspend rights for four major shareholders in battle to unmask mystery investors
From Daily Express UK The Rangers board has turned up the heat in the battle to unmask their mystery investors and clean up the club. The voting rights of four major shareholders have been suspended after they failed to respond…
Bahamas resort talks end in China without agreement
By Krystel Rolle-Brown Nassau Guardian Staff Reporter from Caribbean News Now NASSAU, Bahamas — Talks involving bankrupt Bahamas megaresort Baha Mar, China State Construction Engineering Corporation (CSCEC), the Export-Import (EXIM) Bank of China and the government ended in Beijing on…
Oil rigs left idling turn Caribbean into expensive parking lot
By David Wethe From World Oil HOUSTON (Bloomberg) — Imagine parking your $300 million boat for months out in the open sea, with well-paid mechanics hovering around it and the engine running. The Gulf of Mexico and the Caribbean Sea…
Dust-up over ex-Willkie partner roils megabucks credit card case
By Scott Flaherty, From The Am Law Daily When Willkie Farr & Gallagher disclosed an ex-partner’s communications with opposing counsel in litigation over credit card “swipe” fees charged by MasterCard Inc. and Visa Inc., merchants opposed to a multibillion-dollar settlement…
The Caribbean and the International Criminal Court: Time to leave?
By Dr David Hoile From Caribbean News Now The international debate that has opened up regarding the International Criminal Court as a consequence of South Africa’s decision not to arrest Sudanese president Omar al-Bashir while he was attending the recent…
Online travel companies must pay [US] sales tax, D.C. Appeals Court rules
By Zoe Tillman, From Legal Times Online travel companies such as Expedia and Travelocity are on the hook for more than $60 million in back sales taxes after a Washington appeals court ruled Thursday that the companies are liable for…