UK lawmakers: Rupert Murdoch unfit to lead company
AP) — A committee of British lawmakers called Rupert Murdoch unfit to run his global media empire – a finding that reflects just how deeply the phone hacking scandal born of his defunct News of the World has shaken the…
Century 21 China Real Estate announces settlement with Cayman Islands company
BEIJING, April 30, 2012 /PRNewswire via COMTEX/ — IFM Investments Limited (“Century 21 China Real Estate” or the “Company”), a leading comprehensive real estate services provider and the exclusive franchisor for the CENTURY 21® brand in China, today announced that,…
Premier Bush – Vice Chair of Caribbean OCT Council
Premier McKeeva Bush was elected Vice Chair of the Caribbean Overseas Countries and Territories Council on Thursday. High level political representatives of ten Caribbean Overseas Countries and Territories convened for the first time in Curacao where they agreed to establish…
Mom, son die in accidents hours apart in Wisconsin
(AP) — A Wisconsin woman and her adult son were killed in separate traffic crashes just hours apart in a Milwaukee suburb, police said Monday. Mary J. Moore, 45, died after she was struck by a vehicle, on a street…
Invisible man casts shadow over US-China talks
(AP) — The blind Chinese lawyer at the center of a diplomatic storm between Washington and Beijing is a taboo topic in each capital. Neither side wants the biggest human- rights issue between the two since Tiananmen Square to disrupt…
AP EXCLUSIVE: US not reporting all Afghan attacks
(AP) — The military is under-reporting the number of times that Afghan soldiers and police open fire on American and other foreign troops. The U.S.-led coalition routinely reports each time, an American or other foreign soldier is killed by an…
Dillon Eustace moving into the Cayman Islands
By Joanne Harris (www.thelawyer.com) As this week’s offshore feature (see page 30) reports, all the talk in the sector recently has been of firms moving onshore. Both Maples and Calder and Walkers have found success in Dublin in recent years….
Cayman Islands judge ruling means problems for pension funds
Josh Barbanel and Steve Eder (online.wsj.com) A judge’s ruling in the battle between three Louisiana pension funds and New York hedge-fund firm Fletcher Asset Management shows the difficulties the funds may face in recovering their investments. After the three pension…
Cayman Island hedge fund ruled “very doubtfully solvent”
Looks like the Louisiana Firefighters’ Retirement System, the Municipal Employees’ Retirement System and the New Orleans Firefighters’ Pension and Relief Fund may have lost almost $100 million that the three public funds invested in a New York hedge fund run…
Ethics czar mulling probe into Fantino over alleged Cayman bank accounts
By: Steve Rennie, The Canadian Press The Canadian ethics watchdog is deciding whether to probe a Conservative cabinet minister over allegations he did not disclose bank accounts in the Cayman Islands. But a spokesman for Associate Defence Minister Julian Fantino…