Archive for October 28th, 2014
Offshore compulsory winding up petitions drop
(CNS Business): Compulsory winding up petition filings in most offshore jurisdictions fell, on average, by 31% in the first three quarters of 2014 as compared to the same period last year, according to Appleby, one of the world’s largest providers of offshore legal, fiduciary and administration services. The new data, published in Snapshot: Interim Report […]
Dart fund seeks Argentina debt
(CNS Business): EM Limited, a hedge fund founded by billionaire Kenneth Dart, is pushing for US$835 million it is owed by Argentina. A federal judge, backed by the US Supreme Court, ordered Argentina to pay US$1.33 billion plus interest to so-called ‘holdout’ bondholders led by Elliott Management’s NML Capital Ltd and Aurelius Capital Management to […]
Cayman showcased as luxury destination
(CNS Business): The Cayman Islands will be featured in a hit TV show that highlights how wealth is achieved, used and enjoyed, thanks to a pitch made by local fibre optic company, C3 Pure Fibre, to cable TV network AWE. The network sent a film crew to Cayman in June to film the luxurious lifestyle […]
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