U.K. Top Court Won’t Recognize U.S. Bankruptcy Judgments
By Erik Larson on October 24, 2012 Britain’s top court decided for the first time that U.S. bankruptcy rulings against debtor companies that don’t appear in court to defend themselves can’t be recognized in the U.K. Allowing so-called default judgments…
UPDATE: CENTER OF SANDY PASSING NEAR ELEUTHERA ISLAND IN THE NORTHWESTERN BAHAMAS
HURRICANE SANDY DISCUSSION NUMBER 14 NWS NATIONAL HURRICANE CENTER MIAMI FL AL182012 500 PM EDT THU OCT 25 2012 SATELLITE IMAGERY SHOWS THAT STRUCTURAL CHANGES ARE ALREADY OCCURRING WITH SANDY. DRY AIR ALOFT AND SOUTHWESTERLY FLOW ASSOCIATED WITH AN UPPER-LEVEL…
Argentina calls for international help over seized ship [by order sought by Cayman Islands investment fund]
Argentina’s foreign minister on Monday called on the United Nations to help free a navy sailing ship seized in Ghana over an unpaid debt. Foreign Minister Hector Timerman sought help from the UN Security Council and Secretary General Ban Ki-moon…
Greenlight Capital Re to Release Third Quarter 2012 Results
GRAND CAYMAN, Cayman Islands, Oct. 24, 2012 (GLOBE NEWSWIRE) — Greenlight Capital Re, Ltd. (Nasdaq:GLRE), a specialist property and casualty reinsurer based in the Cayman Islands, today announced that it expects to release financial results for the third quarter 2012…
Bank of America sued for $1bn for alleged mortgage fraud
Bank of America is being sued for $1bn (£624m) for alleged mortgage fraud. The civil lawsuit has been brought by the US Attorney Preet Bharara, the top federal prosecutor in Manhattan, New York. He accuses Countrywide Financial, which Bank of…
Cayman Islands Monitoring FATCA Developments
by Amanda Banks, Tax-News.com, London The Cayman Islands government has released an update on whether the territory will negotiate a government-to-government reporting arrangement with the United States to ease the compliance burden on local financial institutions of complying with the…
The Effects of Compassionate Presence on People in Comas
Sara, from Institute of HeartMath Have you ever wondered if someone in a near death state could hear your words or feel your presence? Clues to the mystery of transition from earthly life are offered in accounts by individuals who…
Hurricane Sandy brings torrential rain to Jamaica
Jamaicans have taken refuge in shelters and their homes as Hurricane Sandy nears the island’s south coast. Schools and airports are closed and a curfew has been imposed in major towns to keep people off the streets and deter looting….
Madagascar’s palms near extinction
Eighty three percent of Madagascar’s palms are threatened with extinction, putting the livelihoods of local people at risk – according to the latest update of The IUCN Red List of Threatened Species™ released today by the International Union for Conservation…
Solar: Close to Going Mainstream
By Terence Murray, The Financialist A slew of new solar powered electricity projects have come online in the past two years, and the sheer volume has solar power nearing price-parity with carbon-based generation in some markets. In 2011 US solar…
