05222012Headline:

US lawsuit: Willis verified Stanford investments

1035 days ago | 0 comment
A lawsuit seeking class-action status for hundreds of Latin American investors claims that a London-based insurance broker gave false assurances about the soundness of investments offered by financier R. Allen Stanford, now jailed on charges [...]

SEC tries to bar receiver from suing Stanford investors

1035 days ago | 0 comment
The United States Securities Exchange Commission (SEC) has asked a federal judge to prevent the court-appointed receiver from suing investors for proceeds they obtained in Stanford’s US$7 billion… Excerpt from: SEC tries to bar receiver [...]

One bid for Oceana

1035 days ago | 0 comment
The Urban Development Corporation (UDC) says it has received just one bid for Oceana, an imposing multi-storey edifice on the waterfront that was built as a hotel but now doubles as office space on the downtown Kingston waterfront, that the [...]

AIC locks up investor agreement – Columbus offer closes, bid evaluations begin

1035 days ago | 0 comment
AIC Barbados Limited (AICB) narrowly missed being called into default by its bondholders, whose agreement were secured individually to wait out the sale of Michael Lee Chin’s stake in Columbus Communication to pay down US$36.7 (J$3.3 billion) [...]

LIME, Claro reach ‘tower-sharing’ agreement

1035 days ago | 0 comment
Competing telecoms LIME Jamaica and Claro Jamaica have struck a deal to share cell tower sites, with both companies declaring it a “landmark” agreement and a win for the environment. The specifics of the agreement were not disclosed, [...]
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