Scientists gather in Kingstown to examine and advise on the state of the region’s major fisheries
The Caribbean Regional Fisheries Mechanism (CRFM), a regional fisheries organization of seventeen (17) Member States spanning the Caribbean region, concluded its 8th Scientific Meeting on June 30th, 2012 in Kingstown, St. Vincent and the Grenadines. Every year, the CRFM scientific…
Fletcher Sues to Block Cayman Liquidation of Hedge Fund
Fletcher International Ltd., a hedge fund managed by the investment firm of Alphonse “Buddy” Fletcher, sued to block Cayman Islands-appointed liquidators from selling off its assets, after having filed for bankruptcy. The lawsuit, filed in U.S. Bankruptcy Court in Manhattan…
Cayman Court upholds restructuring arrangements and delineation of legal and beneficial interests
The Grand Court of the Cayman Islands last week handed down judgment in the closely followed case of Medley Opportunity Fund Ltd v Fintan Master Fund Ltd and Nautical Nominees Limited, says Peter Cockhill and Rachael Reynolds of Ogier. Medley…
Ireland is a tax haven says Obama site
IRELAND HAS been described as a tax haven in a graphic posted on the website of US president Barack Obama. The image illustrates the investments of President Obama’s Republican opponent in the Presidential campaign, Mitt Romney. The locations that feature…
Concerns over £7.5bn Cayman Island scheme ‘split Barclays and Financial Services Authority’
City regulators raised concerns with Barclays’ board in February about a breakdown of trust with the bank over incidents including a £7.5billion Cayman Islands scheme known as Protium to transfer toxic assets off its balance sheet. Andrew Tyrie, the chairman…
Air France crash ‘due to pilot and technical failings’
A combination of technical failure and human error led to the loss of an Air France flight over the Atlantic in June 2009 and 228 deaths, according to the final report into the crash. The report by the French aviation…
Cayman Islands features on ‘Good Morning Texas’ Fourth of July Special
Cayman Islands Department of Tourism have asked us to share with you a link to Wednesday morning’s Fourth of July special, that aired on the Good Morning Texas show, prominently featuring the Cayman Islands. Good Morning Texas is the ABC…
Yahoo general counsel quits search giant
Yahoo general counsel Michael Callahan is stepping down “to move on to new opportunities,” according to a resignation letter filed with the Securities and Exchange Commission, reports The Recorder. Ron Bell, deputy GC for products and the Americas region, is…
Cayman Islands blamed for UK’s tax burdens
I have recently republished articles and views that have appeared in reputable news sources that have shown the Cayman Islands in a bad light including now the oft called “nefarious” and “notorious” Islands. However, none can compare to this posting…
Manchester United tackle debt by floating on New York Stock Exchange and moving registration to the Cayman Islands
• Glazer family hope to pay off portion of United’s £423m debt • Signalled intention to move registration to the Cayman Islands The US-based Glazer family who own Manchester United have signalled their intention to move the club’s registration to…
