05222012Headline:

Dyoll vs Dyoll - Fight over $119m court ruling to pay fees to insurance arm

Kenneth Tomlinson, the liquidator for Dyoll Group Limited (DGL) has set a deadline of July 31 for creditors to come forward with their claims, even as he huddles with legal advisors on how to handle at least four lawsuits against the failed [...]

US$1.2 billion debt relief for Haiti

Roughly two-thirds of Haiti’s total debt was cancelled Tuesday when three organisations that provide financial assistance to poor countries, announced they are forgiving US$1.2 billion of what the Caribbean country owes… Read more: US$1.2 [...]

Fit and proper for gaming

THE GOVERNMENT is moving to ensure that only ‘fit and proper’ persons are granted licences, permit approval or authority to operate betting, gaming and lotteries in Jamaica. Draft legislation to strengthen the regulatory framework [...]

American Home Assurance to rebrand – Name change expected by yearend

American Home Assurance, including the Jamaican subsidiary of the New York-based insurer, is expected to have a new name by yearend – a move aimed at sprucing up the brand that did not escape some of the tarnish from its ultimate parent, [...]

Stanford to stay in jail, King under house arrest

A judge has revoked bond for Texas financier R. Allen Stanford, who is charged with swindling investors out of US$7 billion. US District Judge David Hittner on Tuesday approved a request by prosecutors to overturn a magistrate judge’s [...]
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