Report: Big business no stranger to offshore tax havens [like Cayman Islands]
By CBS News As millions of Americans get ready to file their taxes, some big companies will pay little or no taxes this year — thanks to loopholes in U.S. tax laws. Firms can legally avoid paying taxes on money…
CONCACAF announces changes to Gold Cup regulations
New Tiebreaker Rules and the Possibility to Amend 23-Player Roster after Group Play Introduced MIAMI (Thursday, April 4, 2013) – The Confederation of North, Central America and Caribbean Association Football (CONCACAF) announced today changes to the regulations governing the CONCACAF…
Mega-rich use tax havens [Cayman Islands] to buy and sell masterpieces
By Mar Cabra and Michael Hudson Huffington Post Famed Spanish art patron uses island haven in South Pacific to manage her collection. Tourists who come to Spain’s capital often make a pilgrimage to the museums in Madrid’s so-called Art Triangle….
BVI not responsible for leak of sensitive financial information – gov’t :UPDATE
From The Guardian (UK) and BVI News Online The government of the British Virgin Islands has responded to a newspaper article relating to the leak of sensitive financial information concerning individuals and businesses with alleged interests in the territory and…
Herbalife CEO compensation falls to $10.3 Million in 2012
By Duane D. Stanford Bloomberg News Herbalife Ltd. (HLF) said Chairman and Chief Executive Officer Michael Johnson was paid compensation of $10.3 million in 2012, a drop from the previous year when his pay was inflated by the value of…
Ireland: Side stepping side letters?
Article by James Gaden, MAPLES In a market where fundraising has been challenging, side letters providing tailored investment terms to investors can be a helpful tool to attract capital. Although advisors will commonly highlight issues arising with side letters, including…
Roger Ebert dies at 70
By Jesse David Fox Legendary film critic Roger Ebert died today at age 70, after years of battling cancer. This terrible news comes just a day after he wrote a reassuringly optimistic post saying he would be taking a “leave…
£14m bill for gagging axed public officials
By Steven Swinford From UK Daily Telegraph Almost 5,000 council workers and civil servants have been gagged at taxpayers’ expense at a cost of up to £400,000 each. Last month the Government banned gagging orders for NHS employees after it…
Home Loan Servicing Solutions, Ltd. Schedules Conference Call 1st Quarter 2013 Results
GEORGE TOWN, Grand Cayman, Apr 05, 2013 (GLOBE NEWSWIRE via COMTEX) — Home Loan Servicing Solutions, Ltd.(“HLSS” or the “Company”) HLSS -2.82% will hold its conference call on Thursday, April 18, 2013 at 11:00 a.m. (ET) to review the Company’s…
Cayman Airways celebrates expanded service from Dallas with $399 roundtrip introductory fares
Following last year’s successful summer season, Cayman Airways has announced the commencement of year-round, non-stop service from Dallas/Fort Worth International Airport to Grand Cayman’s Owen Roberts International Airport, set to start on May 25. Operating on a biweekly basis, flights…