When Precision Landscaping owner Donald Thompson appeared in court Thursday for his alleged failure to make pension payments on the behalf of his employees, Magistrate Angelyn Hernandez was not pleased when he cracked a joke about his age from the defendant’s stand.
The Republic Bank Trinidad and Tobago (Barbados) Ltd.’s potential acquisition of local bank Cayman National Corporation Ltd. is under way, with the Republic Bank opening an offer this week to purchase Cayman National shares.
United States law enforcement authorities are attempting to extradite Jamaican national Larry Levers to Cayman, where he is wanted for manslaughter in relation to the November 2015 death of a teenager at the Bonaventure Boys Home in West Bay.
As the Cayman Islands Basketball Association gears up for next July’s Island Games in Gibraltar, it was announced on Wednesday that Edwin Pellot-Rosa and Duran Whittaker will coach the men’s national team, while Wendy Manzanares and Corey McGee will head up the women’s squad.
Senior Immigration Officer Garfield (Gary) Wong was scheduled to be sentenced on Tuesday in relation to his convictions last month for careless driving and leaving the scene of the accident in the early hours of Dec. 27, 2013, after his truck was in a collision with a car on Shamrock Road, in the vicinity of Hibiscus Gardens.
Peter McKiernan, the cofounder of RiskPass AML+Compliance Ltd., stood at his laptop last week at a seminar on anti-money laundering practices for cryptocurrencies, demonstrating to the audience how to transfer cryptocurrencies across borders.
Proponents of offshore finance often argue that jurisdictions like Cayman and the British Virgin Islands help people from corrupt countries protect their wealth against theft and other forms of unlawful confiscation.
Today, much of the Eastern Caribbean is in a similar situation as Cayman was 13 years ago, with jurisdictions such as the British Virgin Islands, Anguilla and St. Maarten in varying stages of their recovery efforts one year after facing Hurricane Irma on Sept. 6, 2017.
The Utility Regulation and Competition Office, known as OfReg, announced on Tuesday that it has appointed Duke Munroe and Gregg Anderson to serve as “Acting CEOs on a rotational basis” until a new CEO is appointed permanently.
The defunct Cayman-registered Argyle Funds SPC Inc. has issued a demand for arbitration against BDO Cayman Ltd. for allegedly failing to spot fraud by two of the fund’s credit advisers, Argyle attorney Clare Stanley QC said on Monday during an appeals hearing involving the two parties.
Grand Court Justice Robin McMillan granted a two-month extension on Monday of the provisional liquidation of the Cayman-registered Abraaj Holdings, giving the troubled company more time to avoid being wound up at the behest of a major creditor.
Weightlifters will have the chance to see how they stack up against others in the territory on Saturday, Sept. 8 in the Arts and Recreation Centre at Camana Bay, where an Olympic weightlifting event will take place.
With some US$4.2 billion raised by Cayman-registered blockchain companies, this jurisdiction has raised more funds from initial coin offerings – the crypto version of initial public offerings – than any other places in the world.
Ocean Conversion (Cayman Ltd.) has reached a new five-year agreement with the Water Authority, Cayman to operate reverse osmosis seawater conversion plants in North Sound, Red Gate and North Side. The plants are owned by the Water Authority, but were built by Ocean Conversion and have been operated by the company.
One year ago, government held a ceremonial conference to commemorate the Department of Tourism and Cayman Airways filing to protect the Sir Turtle logo, becoming the first entities to brand under the new Trade Marks Law.