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Trustee in Madoff fraud loses court ruling

From Business Day The trustee seeking money for victims of Bernard L. Madoff’s multibillion-dollar Ponzi scheme was barred on Monday from blocking a $410 million settlement resolving New York State’s claims against a hedge fund manager, J. Ezra Merkin, who…

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National Regatta celebrates 60 years in grand fashion

From bahamaislandsinfo GEORGE TOWN, Exuma — The stage has been set for the 60th National Family Island Regatta in which sailing sloops will take to the historic Elizabeth Harbour in competition and add another boost to this thriving economy. Petherina…

Former RCIPS chief joins Bridger, Kernohan and Evans in providing Tempura statements

Statement of John Jones 1. I have provided this statement in relation to the allegations of misconduct by the ex-Governor of the Cayman Islands, Stuart Jack, members of the Foreign and Commonwealth   Office and government officials of the Cayman Islands,…

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Cayman commits to G5 multilateral exchange pilot

The Cayman Islands has communicated to the UK Government that it is committed to joining the G5 pilot, recently announced by the UK, France, Germany, Italy and Spain, on multilateral automatic exchange of tax information. This decision follows a statement…

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US has ‘some confidence’ Syria used chemical weapons

US Defence Secretary Chuck Hagel has said American intelligence believes “to some degree of varying confidence” that Syria has used chemical weapons. It was suspected that sarin gas had been used against rebels, he said while in the United Arab…

Buzz Aldrin visits the Cayman Islands

From whosay.com/Buzz Alrin April 21, 2013           Thanks @madolfsson for the flight to Grand Cayman! We’re on an Eclipse 500 a fuel efficient 60 gal/hour Jet. April 22, 2013           In Cayman Islands today. Taking a 2 tank dive at…

Newly Qualified Caymanian Attorney Heads to Dublin

On 13 March 2013, the Hon. Justice Henderson admitted Kaneesa Ebanks to the bar as an attorney-at-law in the Grand Court, before a large audience of her family, friends and colleagues. Shortly thereafter, on 8 April, Kaneesa took advantage of…

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Elizabeth Warren tasks Obama in senate on social security cuts

By Will Stabley Stabley Times Elizabeth Warren isn’t having any of it when it comes to President Obama’s renewed willingness to work with republicans in the senate on a budget compromise which includes cuts to existing social security benefits. “Two…

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Bangladesh Dhaka building collapse leaves 87 dead

At least 87 people have been killed and many others trapped after an eight-storey building housing garment factories collapsed outside the Bangladeshi capital, Dhaka. Firefighters and army personnel are leading the operation to rescue those caught beneath the debris in…

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Convicted killer wins appeal and will be deported back to Jamaica

Collin (Sheldon) Ovid Scott (41), a Jamaican national who was convicted of killing his girlfriend when she told him she was leaving him had his sentence reduced by Cayman’s court of appeal last week. Scott had pleaded guilty to manslaughter…