Lance Armstrong: US insurance firm ready to file $12m lawsuit
A Texan company plans to file a lawsuit next week to recoup $12m from disgraced cyclist Lance Armstrong. SCA Promotions insured bonuses paid to Armstrong when he claimed his fourth, fifth and sixth Tour de France wins. The American has…
Bush, Anglin & McLaughlin to face-off in CBO 2013
Three of Cayman’s leading politicians will face each other head-to-head in the final session of Cayman Business Outlook 2013 during a question and answer panel discussion that will drill down to find out just how they stand on some of…
Cayman Cookout: The food fest circuit’s hottest ticket
By Marla Cichowski, FoxNews Picture the ultimate winter get-away in the Caribbean. Then throw in 30-plus celebrity chefs, including Anthony Bourdain, Eric Ripert and Spike Mendelsohn and you have, quite possibly, the hottest ticket in the culinary fest circuit. Grand…
Mourant Ozannes announces 2012-2013 legal scholarship recipient Ruth-Beth Jackson
The Mourant Ozannes biennial scholarship which is open to students either about to start, or who have started, a Bachelor of Law degree at either the Cayman Islands Law School or abroad, has been awarded this year to Ruth-Beth Jackson….
Equity markets stay strong despite economic uncertainty
By Jamie Robertson Presenter, BBC World News Of all the sayings about the markets, the one about them hating uncertainty has always struck me as the oddest. What makes a market, after all, if it’s not the uncertainty of prices?…
Who, What, Why: Who first called it a ‘fiscal cliff’?
By Tom Geoghegan BBC News, Washington The phrase “fiscal cliff” is now part of the American lexicon, describing the looming deadline when tax cuts expire and spending cuts kick in. But where did the term come from and is the…
Man robbed George Town
On 19th January 2013, at about 05:13 am a man was outside his apartment complex on Old Crewe Road, George Town when he was approached by two masked men, and one had what appeared to be a silver coloured pistol. They…
West Bay house fire
On 19th January 2013 at about 4:57 am, a sole occupant of a house on Fountain Road, West Bay was awaken by a boom sound. She saw smoke in her bedroom and immediately evacuated her room through her bedroom window. The…
Cuban refugees detained
On Saturday, 19th January 2013 at about 01:10 am, officers of the RCIPS were on patrol in the Safehaven area when they came upon a boat with 16 Cuban refugees (12 males and 4 females); the boat was docked. The boat…
Cayman Islands: Expanded Master Fund Registration Regime
Article by Anthony Travers and Richard Mansi Executive summary The Cayman Islands has recently introduced amendments to the Mutual Funds Law (the “Law“) which require the registration of certain trading subsidiaries of registered funds as “master funds”. Closed ended funds…
