Archive for January 18th, 2016

Cayman copies Delaware for limited liability law

Cayman copies Delaware for limited liability law

| 18/01/2016 | 1 Comment
(CNS Business): Cayman has taken the blueprint from Delaware for the introduction of its new Limited Liability Company (LLC) legislation. Combining the key features of a company and a partnership, when the new LLC vehicle becomes law, it will increase the structuring options for investment funds, me [...]

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Brac hotel upgraded, renamed and ‘reimagined’

Brac hotel upgraded, renamed and ‘reimagined’

| 18/01/2016 | 5 Comments
(CNS): Following major renovations made to the Little Cayman Beach Resort in 2009, which resulted in raising the occupancy to 85% in 2015 – an increase of about 20% since 2008 – the owners have now turned their attention to the Cayman Brac Beach Resort, formerly the Brac Reef. Phase one, [...]

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Tax havens blamed in global inequity crisis

Tax havens blamed in global inequity crisis

| 18/01/2016 | 8 Comments
(CNS Business): Just 62 people hold the same amount of wealth as the poorest half of the entire world population combined, a new Oxfam report published Monday has revealed. The global charity said runaway inequality has seen the wealth of the richest 62 people, mostly men, increase by more than hal [...]

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