• Home
    • Articles
    • Swiss firm wins battle to buy duty free stores in Cayman

    Swiss firm wins battle to buy duty free stores in Cayman

    After a court battle lasting nearly 18 months, Swissair-subsidiary Nuance International Holdings Ltd. has finally been given approval to purchase a chain of local duty free shops in the Cayman Islands.The Cayman Islands Immigration Board reversed an earlier ruling – that was itself a reversal of an April, 1996 ruling – and granted Nuance permission to purchase Island Companies Ltd.