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Issue No. 748 Friday, 28 October 2004

Elliot sues HSA

A writ filed in the Grand Court of the Cayman Islands against the Health Services Authority (HSA) by its former Chief Executive Officer (CEO) Michael Elliott has been served.  The writ number 406 of 2004 was filed on 9 September by the law firm of Quin and Hampson on behalf of Mr Elliott.  The plaintiff claimed he was employed by the HSA to act as its Chief Executive Officer for three years.. read more...


Dealing With The 'Fine Print' of Insurance

In the weeks that have passed since Hurricane Ivan left its imprint on Grand Cayman, enormous progress has been made. Debris has been cleared, electricity is being steadily restored, and many firms, especially in the financial industry, are open for business.  However, what many business people are realizing in the aftermath of the storm is that they are ill-prepared and ill-equipped... read more...


Imports fall after Ivan

Collector of Customs, Carlon Powery has confirmed that there has been a reduction in the importation of food, tobacco and alcoholic products after the passage of hurricane Ivan but there has been a marked increase in building materials and hardware products.  During an interview with Cayman Net News Mr. Powery said; “There is also a fall in revenue in the two single biggest duty items, namely diesel and gasoline.”... read more...


Local Securities Firm Acquired by Investment Group

Local securities firm, SEGOES Securities Limited, announced on Wednesday that it has been acquired for an undisclosed amount by LAXBERG SA (FI) effective October 21, 2004.  According to SEGOES, LAXBERG SA (FI) is an investment group with four main operating divisions: merchant banking, venture capital, real estate and technology...  read more...


November Public Holiday to stay

Even though Elections day has been postponed from Wednesday, 17 November, to a date in May next year, 17 November will remain a public holiday. This date was previously designated to be a public holiday for the now cancelled 2004 General Election... read more...


Caymanian of the Week - Lewis ‘Louie Cito’ Hydes

Always happy, Lewis Hydes is Senior Superintendent at the Mosquito Research and Control Unit. “I’m in charge of heavy equipment,” says Mr Hydes. “I build dykes to drain the swamps, so that the mosquitoes cannot breed, and once a year, we flood the swamps, to let the mosquitoes hatch, and then drain them to kill the mosquitoes.”  He enjoys deep-sea fishing, in his 34-foot fishing boat, the ‘Lazy Lady.’...  read more...


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