YA Global Heads to Appeals Court Over Tax Court Ruling on Offshore Fund’s U.S. Activities

Last month, YA Global Investments, LP (the “Fund”) filed a notice of appeal to the U.S. Court of Appeals for the Third Circuit, seeking review of the U.S. Tax Court holding in YA Global Investments, LP v. Commissioner.[1] In November 2023, the Tax Court …

Landmark Victory secured for Asia Cement Corporation in Hong Kong High Court

Key takeaways In civil litigation, the parties are strictly bound by their pleadings and it is not permissible to deviate from the same. Serious allegations of fraud or dishonesty must be pleaded distinctly and with the utmost particularity. Parties risk …

MRCU Highlights Role of Community in Mosquito Control

Everyone has a role to play in reducing mosquito breeding around their homes and communities. GRAND CAYMAN, Cayman Islands (13 May 2025) – The Mosquito Research and Control Unit (MRCU) is joining with the Caribbean Public Health Agency (CARPHA) and …

Scotia Wealth Management named Best International Private Bank at the Euromoney Private Bank Awards 2025

Scotia Wealth Management has been recognized with the Best International Private Bank award at the Euromoney Private Bank Awards for 2025. This award recognizes Scotia Wealth Management’s excellence in delivering industry-leading wealth management services …

Panton takes a back seat to ensure female minister

(CNS): Allegations made by Opposition Leader Joey Hew that Wayne Panton is not in Cabinet because he is under investigation are not true. Panton has confirmed to CNS that he is sitting on the backbench to ensure that there is at least one woman in the …

Galaxy Digital reports $295M loss ahead of this week’s Nasdaq listing

Galaxy Digital Holdings and its related subsidiaries have reported a net loss of $295 million for the first quarter of 2025. This is coming a few days before its much-anticipated listing on the Nasdaq Stock Market. The digital assets and data …

Twin Otter lands safely after engine alert

(CNS): A De Havilland Twin Otter aircraft operated by Cayman Airways landed safely on Cayman Brac, Friday afternoon, after it was diverted there due to an indication of an engine problem during a flight from Grand Cayman to Little Cayman. According to a …

Jonathan Bardales-Essien to Compete at  PanAm Aquatics Championships

St Kitts and Nevis will be competing at the 2025 edition of the PanAm Aquatics Championships in Medellín, Colombia, from May 13-25. Jonathan Bardales-Essien is the lone representative who will be competing at the Championships. He is being coached by …

Police find loaded gun after street drug bust

‘Home invasion’ appeal delayed over legal aid

(CNS): Shane Connor’s appeal against his conviction in connection with a home invasion in Patrick’s Island almost eight years ago has been delayed yet again as he battles to secure funding for forensic reports that he believes will clear his name. Connor ( …