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Cayman Islands News

News on Cayman Islands continually updated from thousands of sources around the net.

5 hrs ago | Seeking Alpha

Dynamic Decisions: Is Hedge Fund Shareholder Activism Really Worth It?

On November 12th, 2009, the U.K.'s Serious Fraud Office , an independent government department that investigates and prosecutes fraud and corruption cases, announced that it is probing the London-based, Dynamic Decisions Capital Management Ltd., after the matter was referred to it by the Financial Services Authority.

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Related Topix: World News, Central America

Sat Nov 21, 2009

Free Republic

The Henry Ford of Heart Surgery

Hair tucked into a surgical cap, eyes hidden behind thick-framed magnifying glasses, Devi Shetty leans over the sawed open chest of an 11-year-old boy, using bright blue thread to sew an artificial aorta onto his stopped heart.

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Related Topix: Central America, World News

Fri Nov 20, 2009

The Age

ATO ups attack on tax cheats

THERE is little love lost between business and the Tax Office at the best of times, but when commissioner Michael D'Ascenzo lobbed a grenade at the international investors who had made a $1.5 billion profit selling their Myer Holdings shares to the public, the shrapnel flew around the world.

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Related Topix: Travel, Australia Travel, World News, Central America

Thu Nov 19, 2009

The Age

New light on Myer tax pursuit

PRIVATE equity firms have been put on notice that supposedly tax-efficient structures for owning and selling assets, such as the $2.4 billion float of department store giant Myer Holdings, may in fact attract multimillion-dollar income tax bills.

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Related Topix: Central America, World News

Tue Nov 17, 2009

Institutional Investor News

Gulf Countries Are Not Havens, Says Lawyer

The member states of the Gulf Cooperation Council should be seen as onshore financial centres and not tax havens, a lawyer at a leading international firm has said.

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Related Topix: Central America, World News, Greater London County, England, United Kingdom,

Sun Nov 15, 2009

UTV

Lloyds facing 54m tax bill after HBOS ruling

Lloyds Banking Group, which is 43% state-owned, has failed in its latest attempt to avoid a A 54m tax bill.

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Related Topix: Central America, World News

The Journal of Commerce Online

Birdsall Acquires Deluxe Freight

Birdsall, Inc., a subsidiary of Nicor and parent company of Tropical Shipping, signed a definitive agreement to acquire Miami-based Deluxe Freight.

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Related Topix: Central America, World News

Fri Nov 13, 2009

Telegraph.co.uk

SFO investigates Cayman Islands hedge fund Dynamic Decisions

Britain's Serious Fraud Office has started a criminal investigation into Dynamic Decisions Capital Management, a Mayfair-based hedge fund founded by an academic from Imperial College London.

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Related Topix: Central America, World News

Thu Nov 12, 2009

Caribbean Net News

Cayman Islands government exploring renewable energy

GEORGE TOWN, Cayman islands -- The Cayman Islands government intends to pursue renewable energy as a means of diversifying the Islands' generating sources, reducing energy bills, and minimising impact on the environment.

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Related Topix: Alternative Energy, Science / Technology, Energy, Renewable Energy (Green Energy), World News, Central America, Jamaica,

Scotsman.com Business - Latest London...

Fraud investigators launch probe into hedge fund

Fraud investigators have opened an inquiry into the activities of a hedge fund based in the Caribbean and with links to London.

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Related Topix: Central America, World News

Caribbean Net News

British opposition party pledges support for the Cayman Islands

A Conservative government would immediately rebuild the UK's relationship with the Cayman Islands and Britain's other overseas territories.

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Related Topix: Central America, World News

Wed Nov 11, 2009

ABC News - Brian Ross

Saad Unit Lenders Meet, Liquidators Appointed

Creditors of Saad Investments Company Ltd held their first official meeting on Thursday, accountancy firm Grant Thornton said, taking a next step in the troubled firm's restructuring process.

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Related Topix: Central America, World News

Tue Nov 10, 2009

MiamiHerald.com - Miami & Ft. Lauderd...

Rothstein accused of duping mogul out of $57M

When auto magnate Ed Morse faced a legal tussle with a South Florida interior decorator, Morse turned to his lawyer Scott Rothstein -- and got taken for a ride.

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Related Topix: Miami Metro, World News, Central America

Sun Nov 08, 2009

TheNational

Audit reveals al Sanea's Cayman cash

Accountants investigating the affairs of Maan al Sanea, the Kuwait-born entrepreneur involved in the Middle East's biggest corporate scandal, have unearthed more than US$6.2 billion of assets in his Cayman Islands holding company, The National can reveal.

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Related Topix: Central America, World News

Sat Nov 07, 2009

Examiner.com

Post-Season Tropical Storm Ida Threatens Tourists in Yucatan Peninsula & Cayman Islands

Tropical Storm Ida's Path as of 11-7-09 Wasn't the hurricane season supposed to end November 1st? Tell that to Ida , who is strengthening over the northwest Caribbean Sea, causing the government of Mexico to issue a hurricane watch for the area from Tulum to Cabo Catoche, and a tropical storm warning from Punta Allen northward to San Felipe.

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Related Topix: World News, Central America, Hurricane, Natural Disasters, Travel, Cayman Islands Travel, North America, Mexico Travel, Mexico

Northwest Florida Daily News

Ida strengthening rapidly, approaching Gulf of Mexico

A newly strengthened Tropical Storm Ida slogged across the Northwest Caribbean with 60 mph winds on Saturday and headed for the Gulf of Mexico.

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Related Topix: Hurricane, Natural Disasters, Central America, World News

Southport Visitor

Axe thrown at Birkdale businessman John Ball after Cayman Islands deal soured

AN AXE was hurled at a Merseyside businessman after a Cayman Islands property deal turned sour, a court heard.

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Related Topix: Central America, World News

Fri Nov 06, 2009

BBC News

Eight lives left: Kittens saved from being put down after global appeal

Offers of support from around the world have saved kittens at a rescue centre from being put down.

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Related Topix: Devon County, England, World News, Central America

Thu Nov 05, 2009

Caribbean Net News

Delaware beats Cayman as most secretive financial centre

The US state of Delaware beats all other international financial centres, including the Cayman Islands, in a contest for the most secretive financial jurisdiction, a tax justice rights group said on Saturday.

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Related Topix: Central America, World News

Wed Nov 04, 2009

Clover Herald

Garmin to release third-quarter earnings

Navigational device maker Garmin Ltd. is expected to report lower third-quarter profits and revenues from a year ago.

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Related Topix: Central America, World News, Olathe, KS

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