Iraqi President Jalal Talabani ‘in coma after stroke
Iraqi President Jalal Talabani is said to be in a coma in hospital after officials and media reported he had suffered a stroke. A statement on his website said President Talabani was in a stable condition and was being treated…
Cayman Women’s World Open Squash Championships moves to Camana Bay
After a dramatic final day at South Sound which saw Caribbean champion Nicolette Fernades become one of the last sixteen, the Cayman World Open moved to Camana Bay for the rest of the tournament. See below for the top…
Cricket: England win in India bigger than Ashes – Michael Vaughan
Former England captain Michael Vaughan says the current side’s Test series win in India is bigger than the 2010-2011 Ashes series victory in Australia. England won in India for the first time since 1985 after they came back from 1-0…
AmazonUK dodges corporation tax. On-site petition launched
Petitioning Amazon .@AmazonUK: Pay corporation tax in the UK Petition by Frances and Keith Smith Help save Christmas future – stop Amazon’s tax dodge now. We pay our taxes and so should Amazon! We run the Kenilworth and Warwick bookshops,…
CDB funding for Haiti MICRO, Belize youth, and road improvement in Guyana
CDB to provide additional funding for Haiti Micro Insurance Catastrophe Risk Organisation The Caribbean Development Bank (CDB) is to allocate an additional amount equivalent to USD1 million to its Micro Insurance Catastrophe Risk Organisation (Haiti) Fund (MICRO). CDB established the…
Obama ‘backs assault weapons ban’
US President Barack Obama wants to reinstate an assault weapons ban in the wake of the mass killings in Newtown, Connecticut, his spokesman says. Jay Carney said the president was “actively supportive” of a Democratic senator’s plan to introduce a…
Axiom is in the news again – Latest stories
Axiom Fund: Investors making one mistake after another Investors in Axiom Legal Financing Fund have until Wednesday to try to block the appointment of KPMG’s Kris Beighton and John Milsom as Receivers. Once KPMG is ensconced, it will be extremely…
Cayman Islands Provisional Liquidations in Support of Chapter 11 Proceedings
From MAPLES The wind down of Trident Microsystems (Far East) Ltd, a Cayman Islands company (“TMFE“), has been ongoing during the course of this year. In January 2012, TMFE was placed into Chapter 11 proceedings in Delaware, pursuant to the…
Sowing The Seed
Article by Ian Gobin, Appleby Want to set-up your own hedge fund? If so, you’re not alone. According to a recent report by the Financial Times, last year more than 1,100 new hedge funds launched globally, the highest number since…
Cayman Islands’ New Arbitration Law
From MAPLES The existing legislation governing arbitration in the Cayman Islands was recently repealed and replaced with the Arbitration Law, 2012 (the “Law“). This article provides a brief overview of the changes and their impact on arbitration as a method…
