Archive for November 11th, 2015
Caledonian’s demise was SEC blunder
(CNS Business): A federal judge has said that the US Securities and Exchange Commission (SEC) got it very wrong when it issued an order earlier this year that froze more than $88 million in assets belonging to two financial institutions suspected of securities fraud that led to the collapse of Caledonian Bank in Grand Cayman. Although […]
Cayman to get another shot of Margaritaville
(CNS): The Treasure Island hotel in the heart of Grand Cayman’s tourist district is to become a full-scale Margaritaville Resort, new owners have said. Howard Hospitality Group (HHG) has bought the site, which was on sale for just over $15 million, and said it is already planning a major redesign and renovation of the building to […]
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