Category Archives: PR News

Daily regional news summary from Cuba!: The source for the latest news throughout Cuba and Caribbean.

Defendants Celebrate Antiguan Court Vacating Order Improperly Obtained by Davos International Bank

MIAMI, Dec. 26, 2013 /PRNewswire/ – The Eastern Caribbean Supreme Court of Antigua and Barbuda dismissed an order sought by Davos International Bank against its ex-partners and ex-directors, Rodrigo Fernandez and Andres Omar Sotillo, due to grave failures in following the required legal procedure, including concealing judicial information, according to the judgment issued by the Court last December 6th.

Davos International Bank’s order was reversed by the highest court of Antigua and Barbuda, based upon the argument that the bank managed by David Osio did not meet the established legal procedures to serve the complaint and that it deliberately concealed the existence of a legal action against it filed by the Defendants before a US Court.

Davos International Bank’s complaint in Antigua and Barbuda also included the Bank’s former employees Jose Daniel Carrillo and Osleidys Estrada, who just as Fernandez and Sotillo had their responsibility in this Caribbean jurisdiction eliminated once the order was vacated.

Fernandez and Sotillo’s attorney, Michael Diaz, explained that that the Supreme Court’ decision was caused by the Defendants showing that Davos International Bank and its directors failed to serve the complaint pursuant to the applicable laws; and that the affidavits it submitted proved that the service of the complaint was “incomplete and ineffective.”

Additionally, the Fernandez and Sotillo’s attorneys stated that Davos International Bank “failed to reveal the existence of a previous legal action in Miami, in which Fernandez and Sotillo sued their former partner David Osio and Davos International Group, for different causes of actions including the commission of fraud.”

The highest court of Justice of Antigua and Barbuda also ordered Davos International Bank to cover the legal expenses incurred by the defendants to obtain the dismissal of the prior order.

As opposed to the false information provided by Davos International Bank in the press release dated October 14, 2013, the complaint of David Osio and Davos International Bank in Antigua is only a civil claim filed as a “defensive tactic” against Sotillo & Fernandez’s complaint which is moving forward in a Miami Court where it has been litigated favorably for more than two years.

The attorneys have also stated that the decision of the Supreme Court of Antigua and Barbuda ratified the lack of existence of any legal culpability determination in that court against Fernandez, Sotillo, Carrillo and Estrada.

Defendants Celebrate Antiguan Court Vacating Order Improperly Obtained by Davos International Bank

MIAMI, Dec. 26, 2013 /PRNewswire/ – The Eastern Caribbean Supreme Court of Antigua and Barbuda dismissed an order sought by Davos International Bank against its ex-partners and ex-directors, Rodrigo Fernandez and Andres Omar Sotillo, due to grave failures in following the required legal procedure, including concealing judicial information, according to the judgment issued by the Court last December 6th.

Davos International Bank’s order was reversed by the highest court of Antigua and Barbuda, based upon the argument that the bank managed by David Osio did not meet the established legal procedures to serve the complaint and that it deliberately concealed the existence of a legal action against it filed by the Defendants before a US Court.

Davos International Bank’s complaint in Antigua and Barbuda also included the Bank’s former employees Jose Daniel Carrillo and Osleidys Estrada, who just as Fernandez and Sotillo had their responsibility in this Caribbean jurisdiction eliminated once the order was vacated.

Fernandez and Sotillo’s attorney, Michael Diaz, explained that that the Supreme Court’ decision was caused by the Defendants showing that Davos International Bank and its directors failed to serve the complaint pursuant to the applicable laws; and that the affidavits it submitted proved that the service of the complaint was “incomplete and ineffective.”

Additionally, the Fernandez and Sotillo’s attorneys stated that Davos International Bank “failed to reveal the existence of a previous legal action in Miami, in which Fernandez and Sotillo sued their former partner David Osio and Davos International Group, for different causes of actions including the commission of fraud.”

The highest court of Justice of Antigua and Barbuda also ordered Davos International Bank to cover the legal expenses incurred by the defendants to obtain the dismissal of the prior order.

As opposed to the false information provided by Davos International Bank in the press release dated October 14, 2013, the complaint of David Osio and Davos International Bank in Antigua is only a civil claim filed as a “defensive tactic” against Sotillo & Fernandez’s complaint which is moving forward in a Miami Court where it has been litigated favorably for more than two years.

The attorneys have also stated that the decision of the Supreme Court of Antigua and Barbuda ratified the lack of existence of any legal culpability determination in that court against Fernandez, Sotillo, Carrillo and Estrada.

Defendants Celebrate Antiguan Court Vacating Order Improperly Obtained by Davos International Bank

MIAMI, Dec. 26, 2013 /PRNewswire/ – The Eastern Caribbean Supreme Court of Antigua and Barbuda dismissed an order sought by Davos International Bank against its ex-partners and ex-directors, Rodrigo Fernandez and Andres Omar Sotillo, due to grave failures in following the required legal procedure, including concealing judicial information, according to the judgment issued by the Court last December 6th.

Davos International Bank’s order was reversed by the highest court of Antigua and Barbuda, based upon the argument that the bank managed by David Osio did not meet the established legal procedures to serve the complaint and that it deliberately concealed the existence of a legal action against it filed by the Defendants before a US Court.

Davos International Bank’s complaint in Antigua and Barbuda also included the Bank’s former employees Jose Daniel Carrillo and Osleidys Estrada, who just as Fernandez and Sotillo had their responsibility in this Caribbean jurisdiction eliminated once the order was vacated.

Fernandez and Sotillo’s attorney, Michael Diaz, explained that that the Supreme Court’ decision was caused by the Defendants showing that Davos International Bank and its directors failed to serve the complaint pursuant to the applicable laws; and that the affidavits it submitted proved that the service of the complaint was “incomplete and ineffective.”

Additionally, the Fernandez and Sotillo’s attorneys stated that Davos International Bank “failed to reveal the existence of a previous legal action in Miami, in which Fernandez and Sotillo sued their former partner David Osio and Davos International Group, for different causes of actions including the commission of fraud.”

The highest court of Justice of Antigua and Barbuda also ordered Davos International Bank to cover the legal expenses incurred by the defendants to obtain the dismissal of the prior order.

As opposed to the false information provided by Davos International Bank in the press release dated October 14, 2013, the complaint of David Osio and Davos International Bank in Antigua is only a civil claim filed as a “defensive tactic” against Sotillo & Fernandez’s complaint which is moving forward in a Miami Court where it has been litigated favorably for more than two years.

The attorneys have also stated that the decision of the Supreme Court of Antigua and Barbuda ratified the lack of existence of any legal culpability determination in that court against Fernandez, Sotillo, Carrillo and Estrada.

Legendary Jamaican Piano Man To Play The “Blues”

Jazz Great Monty Alexander.

Jazz Great Monty Alexander.

CaribPR, NEW YORK, NY, Mon. Dec. 23, 2013:  On the heels of his London Jazz Festival performance, Grammy-nominated international jazz pianist, the legendary Jamaican-born Monty Alexander, will catch a good case of the “blues” beginning next week and lasting into January 2014.

Alexander, who is gearing up for the release of his “Harlem Kingston Express 2,” next year, will begin the “blue-bration” with his annual holiday performance at the legendary Blues Alley in Washington, D.C., from December 27th through the 31st.

Blues Alley has earned rave reviews globally for showcasing internationally renowned concert hall artists in a small intimate setting and for the past two years, Alexander has been the act booked to ring in the New Year. Tickets for this show are in demand so book early.

Show times nightly will be 8 and 10 p.m.  For a full schedule of Alexander’s performance and to book advance tickets log on to http://www.bluesalley.com/events.cfm.

THE BLUE NOTE

Alexander will continue his musical celebration with a historic performance in January 2014 at New York’s legendary Blue Note Jazz Club, under the theme, “A History of Jamaican Music – Reggae, Ska, Rocksteady and Jazz.”

“This show will be one of the most incredible that I have ever been a part of,” commented Jamaica’s acclaimed Piano Man. “It will truly be called a musical presentation of the history of reggae and Jamaican music!”

The New York performance at the legendary jazz club will run from January 13th for one night only before returning for six consecutive nights, from January 21st with vocalist, Caterina Zapponi & the Pizzarellis on guitars and bass and John Clayton and Jeff Hamilton from the 22nd to the 24th . All of the artists will be backed by Alexander’s Grammy-nominated band, the Harlem-Kingston Express.

HISTORY OF REGGAE

“A History Of Reggae,” will take the show to higher heights on January 25th and 26th and will not only feature Jamaica’s Commander of Distinction and ‘Luminary Award’ 2012 recipient, Alexander, but Ernest Ranglin, Jamaica’s Master of the Guitar and the pioneer and innovator of reggae and Jamaican music; and the new Prince of Reggae and Jamaica’s most buzzed about reggae act, Chronixx.

Ranglin played guitar on many early ska recordings in Jamaica and helped create the rhythmic guitar style that defined the music form. He has worked with Jimmy Cliff, The Skatalites and the late great Robert Nesta Marley and is a known for a chordal and rhythmic approach that blends jazz, mento and reggae with percussive guitar solos incorporating rhythm ‘n’ blues and jazz inflections. In 2008 Ranglin was inducted into the Jamaican Music Hall of Fame by the Jamaica Association of Vintage Artistes and Affiliates (JAVAA).

Chronixx, born Jamar McNaughton, 21, has been lauded recently as reggae’s next superstar. The first single from his “Dread and Terrible” EP, “Here Comes Trouble” recently topped the BBC’s digital urban station Radio 1Xtra chart, is in rotation on Sirius XM’s reggae channel.

Show times on January 13th and January 21-26th at the Blue Note will be 8 and 10:30 p.m. For more and to make reservation, log on to http://www.bluenote.net/newyork/schedule/moreinfo.cgi?id=11634

ABOUT MONTY ALEXANDER

In a career spanning five decades, pianist Monty Alexander has built a reputation exploring and bridging the worlds of American jazz, popular song, and the music of his native Jamaica, finding in each a sincere spirit of musical expression. In the process, he has performed and recorded with artists from every corner of the musical universe and entertainment world: Frank Sinatra, Tony Bennett, Ray Brown, Dizzy Gillespie, Sonny Rollins, Clark Terry, Quincy Jones, Ernest Ranglin, Barbara Hendricks, Bill Cosby, Bobby McFerrin, Sly Dunbar, and Robbie Shakespeare, among others.

Alexander’s collaborations span multiple genres, styles, and generations. His projects have been as varied as assisting Natalie Cole in her tribute album to her father, Nat “King” Cole in 1991 (the resulting album, Unforgettable, won seven Grammy awards), performing George Gershwin’s “Rhapsody in Blue” under the direction of Bobby McFerrin at the Verbier Festival in Switzerland, and recording the piano track for the film score of Clint Eastwood’s Bird, a movie about the life of jazz titan Charlie Parker.

In August 2000, the Jamaican government awarded Alexander the title of Commander in the Order of Distinction for outstanding services to Jamaica as a worldwide music ambassador. Two collections were released in 2011 that capture the excitement of Monty Alexander’s live performances around the world: Uplift, a trio album on JLP Records, and Harlem-Kingston Express on Motema Music.

‘Harlem Kingston Express: Live!,’ was singled out by both the recording industry and fans and received a Grammy award nomination in 2012.

In the summer of 2012, Alexander was awarded the prestigious German Jazz Trophy, “A Life for Jazz” and in November 2012 he received the Caribbean American Heritage Luminary Award from the Institute of Caribbean Studies in Washington, D.C.

For more on the Caribbean’s greatest jazz pianist and his music visit www.montyalexander.com.

Legendary Jamaican Piano Man To Play The “Blues”

Jazz Great Monty Alexander.

Jazz Great Monty Alexander.

CaribPR, NEW YORK, NY, Mon. Dec. 23, 2013:  On the heels of his London Jazz Festival performance, Grammy-nominated international jazz pianist, the legendary Jamaican-born Monty Alexander, will catch a good case of the “blues” beginning next week and lasting into January 2014.

Alexander, who is gearing up for the release of his “Harlem Kingston Express 2,” next year, will begin the “blue-bration” with his annual holiday performance at the legendary Blues Alley in Washington, D.C., from December 27th through the 31st.

Blues Alley has earned rave reviews globally for showcasing internationally renowned concert hall artists in a small intimate setting and for the past two years, Alexander has been the act booked to ring in the New Year. Tickets for this show are in demand so book early.

Show times nightly will be 8 and 10 p.m.  For a full schedule of Alexander’s performance and to book advance tickets log on to http://www.bluesalley.com/events.cfm.

THE BLUE NOTE

Alexander will continue his musical celebration with a historic performance in January 2014 at New York’s legendary Blue Note Jazz Club, under the theme, “A History of Jamaican Music – Reggae, Ska, Rocksteady and Jazz.”

“This show will be one of the most incredible that I have ever been a part of,” commented Jamaica’s acclaimed Piano Man. “It will truly be called a musical presentation of the history of reggae and Jamaican music!”

The New York performance at the legendary jazz club will run from January 13th for one night only before returning for six consecutive nights, from January 21st with vocalist, Caterina Zapponi & the Pizzarellis on guitars and bass and John Clayton and Jeff Hamilton from the 22nd to the 24th . All of the artists will be backed by Alexander’s Grammy-nominated band, the Harlem-Kingston Express.

HISTORY OF REGGAE

“A History Of Reggae,” will take the show to higher heights on January 25th and 26th and will not only feature Jamaica’s Commander of Distinction and ‘Luminary Award’ 2012 recipient, Alexander, but Ernest Ranglin, Jamaica’s Master of the Guitar and the pioneer and innovator of reggae and Jamaican music; and the new Prince of Reggae and Jamaica’s most buzzed about reggae act, Chronixx.

Ranglin played guitar on many early ska recordings in Jamaica and helped create the rhythmic guitar style that defined the music form. He has worked with Jimmy Cliff, The Skatalites and the late great Robert Nesta Marley and is a known for a chordal and rhythmic approach that blends jazz, mento and reggae with percussive guitar solos incorporating rhythm ‘n’ blues and jazz inflections. In 2008 Ranglin was inducted into the Jamaican Music Hall of Fame by the Jamaica Association of Vintage Artistes and Affiliates (JAVAA).

Chronixx, born Jamar McNaughton, 21, has been lauded recently as reggae’s next superstar. The first single from his “Dread and Terrible” EP, “Here Comes Trouble” recently topped the BBC’s digital urban station Radio 1Xtra chart, is in rotation on Sirius XM’s reggae channel.

Show times on January 13th and January 21-26th at the Blue Note will be 8 and 10:30 p.m. For more and to make reservation, log on to http://www.bluenote.net/newyork/schedule/moreinfo.cgi?id=11634

ABOUT MONTY ALEXANDER

In a career spanning five decades, pianist Monty Alexander has built a reputation exploring and bridging the worlds of American jazz, popular song, and the music of his native Jamaica, finding in each a sincere spirit of musical expression. In the process, he has performed and recorded with artists from every corner of the musical universe and entertainment world: Frank Sinatra, Tony Bennett, Ray Brown, Dizzy Gillespie, Sonny Rollins, Clark Terry, Quincy Jones, Ernest Ranglin, Barbara Hendricks, Bill Cosby, Bobby McFerrin, Sly Dunbar, and Robbie Shakespeare, among others.

Alexander’s collaborations span multiple genres, styles, and generations. His projects have been as varied as assisting Natalie Cole in her tribute album to her father, Nat “King” Cole in 1991 (the resulting album, Unforgettable, won seven Grammy awards), performing George Gershwin’s “Rhapsody in Blue” under the direction of Bobby McFerrin at the Verbier Festival in Switzerland, and recording the piano track for the film score of Clint Eastwood’s Bird, a movie about the life of jazz titan Charlie Parker.

In August 2000, the Jamaican government awarded Alexander the title of Commander in the Order of Distinction for outstanding services to Jamaica as a worldwide music ambassador. Two collections were released in 2011 that capture the excitement of Monty Alexander’s live performances around the world: Uplift, a trio album on JLP Records, and Harlem-Kingston Express on Motema Music.

‘Harlem Kingston Express: Live!,’ was singled out by both the recording industry and fans and received a Grammy award nomination in 2012.

In the summer of 2012, Alexander was awarded the prestigious German Jazz Trophy, “A Life for Jazz” and in November 2012 he received the Caribbean American Heritage Luminary Award from the Institute of Caribbean Studies in Washington, D.C.

For more on the Caribbean’s greatest jazz pianist and his music visit www.montyalexander.com.

Legendary Jamaican Piano Man To Play The “Blues”

Jazz Great Monty Alexander.

Jazz Great Monty Alexander.

CaribPR, NEW YORK, NY, Mon. Dec. 23, 2013:  On the heels of his London Jazz Festival performance, Grammy-nominated international jazz pianist, the legendary Jamaican-born Monty Alexander, will catch a good case of the “blues” beginning next week and lasting into January 2014.

Alexander, who is gearing up for the release of his “Harlem Kingston Express 2,” next year, will begin the “blue-bration” with his annual holiday performance at the legendary Blues Alley in Washington, D.C., from December 27th through the 31st.

Blues Alley has earned rave reviews globally for showcasing internationally renowned concert hall artists in a small intimate setting and for the past two years, Alexander has been the act booked to ring in the New Year. Tickets for this show are in demand so book early.

Show times nightly will be 8 and 10 p.m.  For a full schedule of Alexander’s performance and to book advance tickets log on to http://www.bluesalley.com/events.cfm.

THE BLUE NOTE

Alexander will continue his musical celebration with a historic performance in January 2014 at New York’s legendary Blue Note Jazz Club, under the theme, “A History of Jamaican Music – Reggae, Ska, Rocksteady and Jazz.”

“This show will be one of the most incredible that I have ever been a part of,” commented Jamaica’s acclaimed Piano Man. “It will truly be called a musical presentation of the history of reggae and Jamaican music!”

The New York performance at the legendary jazz club will run from January 13th for one night only before returning for six consecutive nights, from January 21st with vocalist, Caterina Zapponi & the Pizzarellis on guitars and bass and John Clayton and Jeff Hamilton from the 22nd to the 24th . All of the artists will be backed by Alexander’s Grammy-nominated band, the Harlem-Kingston Express.

HISTORY OF REGGAE

“A History Of Reggae,” will take the show to higher heights on January 25th and 26th and will not only feature Jamaica’s Commander of Distinction and ‘Luminary Award’ 2012 recipient, Alexander, but Ernest Ranglin, Jamaica’s Master of the Guitar and the pioneer and innovator of reggae and Jamaican music; and the new Prince of Reggae and Jamaica’s most buzzed about reggae act, Chronixx.

Ranglin played guitar on many early ska recordings in Jamaica and helped create the rhythmic guitar style that defined the music form. He has worked with Jimmy Cliff, The Skatalites and the late great Robert Nesta Marley and is a known for a chordal and rhythmic approach that blends jazz, mento and reggae with percussive guitar solos incorporating rhythm ‘n’ blues and jazz inflections. In 2008 Ranglin was inducted into the Jamaican Music Hall of Fame by the Jamaica Association of Vintage Artistes and Affiliates (JAVAA).

Chronixx, born Jamar McNaughton, 21, has been lauded recently as reggae’s next superstar. The first single from his “Dread and Terrible” EP, “Here Comes Trouble” recently topped the BBC’s digital urban station Radio 1Xtra chart, is in rotation on Sirius XM’s reggae channel.

Show times on January 13th and January 21-26th at the Blue Note will be 8 and 10:30 p.m. For more and to make reservation, log on to http://www.bluenote.net/newyork/schedule/moreinfo.cgi?id=11634

ABOUT MONTY ALEXANDER

In a career spanning five decades, pianist Monty Alexander has built a reputation exploring and bridging the worlds of American jazz, popular song, and the music of his native Jamaica, finding in each a sincere spirit of musical expression. In the process, he has performed and recorded with artists from every corner of the musical universe and entertainment world: Frank Sinatra, Tony Bennett, Ray Brown, Dizzy Gillespie, Sonny Rollins, Clark Terry, Quincy Jones, Ernest Ranglin, Barbara Hendricks, Bill Cosby, Bobby McFerrin, Sly Dunbar, and Robbie Shakespeare, among others.

Alexander’s collaborations span multiple genres, styles, and generations. His projects have been as varied as assisting Natalie Cole in her tribute album to her father, Nat “King” Cole in 1991 (the resulting album, Unforgettable, won seven Grammy awards), performing George Gershwin’s “Rhapsody in Blue” under the direction of Bobby McFerrin at the Verbier Festival in Switzerland, and recording the piano track for the film score of Clint Eastwood’s Bird, a movie about the life of jazz titan Charlie Parker.

In August 2000, the Jamaican government awarded Alexander the title of Commander in the Order of Distinction for outstanding services to Jamaica as a worldwide music ambassador. Two collections were released in 2011 that capture the excitement of Monty Alexander’s live performances around the world: Uplift, a trio album on JLP Records, and Harlem-Kingston Express on Motema Music.

‘Harlem Kingston Express: Live!,’ was singled out by both the recording industry and fans and received a Grammy award nomination in 2012.

In the summer of 2012, Alexander was awarded the prestigious German Jazz Trophy, “A Life for Jazz” and in November 2012 he received the Caribbean American Heritage Luminary Award from the Institute of Caribbean Studies in Washington, D.C.

For more on the Caribbean’s greatest jazz pianist and his music visit www.montyalexander.com.

Seaborne Airlines Announces Move of Headquarters to Puerto Rico

ST. CROIX, U.S. Virgin Islands, Dec. 18, 2013 /PRNewswire/ — Seaborne Airlines announced today that it has reached agreement with the Commonwealth of Puerto Rico to relocate corporate headquarters from St. Croix in the U.S. Virgin Islands to San Juan, Puerto Rico, as part of a multi-faceted arrangement. Under the agreement, Puerto Rico will take an equity position in the airline and have two seats on the Board of Directors of the parent company of Seaborne, Coastal International Airways. Seaborne Airlines has committed to the creation of 400 jobs in Puerto Rico. 150 of the 400 positions will be added in Puerto Rico in the first quarter of 2014. This will bring total Seaborne employment in Puerto Rico to 250 people. The move is contemplated to be complete by March, 2014.

(Photo: http://photos.prnewswire.com/prnh/20131218/MX35758)

Seaborne will also add a number of routes important to Puerto Rico’s tourism and export growth. On December 12, the carrier started service from San Juan’s Luis Munoz Marin International Airport to La Romana in the Dominican Republic. On January 15, the carrier will add service from San Juan to St. Kitts and Nevis. On February 14, Seaborne plans to begin service from San Juan to Punta Cana, Dominican Republic. On March 1, new service from San Juan to St. Maarten, Seaborne’s 16th airport will launch. These San Juan routes are being serviced by four additional Saab 340B, 34-seat aircraft. Seaborne anticipates having a fleet of 16 Saabs based in Puerto Rico.

No change to existing routes, or Seaplane operations in the U.S. Virgin Islands, is planned as a result of this agreement.

The agreement also calls for rebranding of Seaborne’s San Juan-based operations.

“There is little that is more important to economic development than global air access” said Gary Foss, president and chief executive officer of Seaborne Airlines. “This agreement will strengthen Puerto Rico’s ties with the rest of the Caribbean and position Seaborne as being Puerto Rico’s favorite airline, for connecting customers from our partner carriers, or for customers traveling to or from Puerto Rico to neighboring islands”. Seaborne operates as an American codeshare partner in select markets at San Juan and has interline connecting agreements with JetBlue Airways and coming soon with Delta Air Lines.

“Seaborne’s thanks go out to the leaders of the Commonwealth of Puerto Rico who have made this day a reality”, said Foss.

“We happily welcome Seaborne Airlines relocation to Puerto Rico, with their new hub of operations in San Juan, and our new partnership with Coastal International Airways. This partnership is important for reconnecting Puerto Rico to the Caribbean islands and also is an investment in jobs, commerce, new business opportunities and economic development. We have, in a year, recuperated routes that were discontinued during recent years in the Caribbean and now we are strengthening our position as the main hub in the region and connection to the United States”, said Governor Alejandro Garcia-Padilla.

About Seaborne Airlines Seaborne Airlines is giving the Caribbean the service they deserve with 98% of all scheduled flights operating. Seaborne has been operating in the Caribbean for over 20 years, carrying over two million customers safely. With over 2,600 monthly departures to sixteen airports planned by March, 2014. Seaborne serves San Juan’s Luis Munoz Marin International Airport, Vieques, St. Thomas airport and seaplane bases, St. Croix airport and seaplane bases, Tortola, Virgin Gorda, Dominica, Martinique, Guadeloupe and La Romana, Dominican Republic. St. Kitts, Nevis, Punta Cana and St Maarten are planned for the 1Q 2014. All flights operate with two pilots and twin engines under Federal Air Regulation Part 121, the strictest code of the US Federal Air Regulation governing air travel.

Seaborne Airlines Announces Move of Headquarters to Puerto Rico

ST. CROIX, U.S. Virgin Islands, Dec. 18, 2013 /PRNewswire/ — Seaborne Airlines announced today that it has reached agreement with the Commonwealth of Puerto Rico to relocate corporate headquarters from St. Croix in the U.S. Virgin Islands to San Juan, Puerto Rico, as part of a multi-faceted arrangement. Under the agreement, Puerto Rico will take an equity position in the airline and have two seats on the Board of Directors of the parent company of Seaborne, Coastal International Airways. Seaborne Airlines has committed to the creation of 400 jobs in Puerto Rico. 150 of the 400 positions will be added in Puerto Rico in the first quarter of 2014. This will bring total Seaborne employment in Puerto Rico to 250 people. The move is contemplated to be complete by March, 2014.

(Photo: http://photos.prnewswire.com/prnh/20131218/MX35758)

Seaborne will also add a number of routes important to Puerto Rico’s tourism and export growth. On December 12, the carrier started service from San Juan’s Luis Munoz Marin International Airport to La Romana in the Dominican Republic. On January 15, the carrier will add service from San Juan to St. Kitts and Nevis. On February 14, Seaborne plans to begin service from San Juan to Punta Cana, Dominican Republic. On March 1, new service from San Juan to St. Maarten, Seaborne’s 16th airport will launch. These San Juan routes are being serviced by four additional Saab 340B, 34-seat aircraft. Seaborne anticipates having a fleet of 16 Saabs based in Puerto Rico.

No change to existing routes, or Seaplane operations in the U.S. Virgin Islands, is planned as a result of this agreement.

The agreement also calls for rebranding of Seaborne’s San Juan-based operations.

“There is little that is more important to economic development than global air access” said Gary Foss, president and chief executive officer of Seaborne Airlines. “This agreement will strengthen Puerto Rico’s ties with the rest of the Caribbean and position Seaborne as being Puerto Rico’s favorite airline, for connecting customers from our partner carriers, or for customers traveling to or from Puerto Rico to neighboring islands”. Seaborne operates as an American codeshare partner in select markets at San Juan and has interline connecting agreements with JetBlue Airways and coming soon with Delta Air Lines.

“Seaborne’s thanks go out to the leaders of the Commonwealth of Puerto Rico who have made this day a reality”, said Foss.

“We happily welcome Seaborne Airlines relocation to Puerto Rico, with their new hub of operations in San Juan, and our new partnership with Coastal International Airways. This partnership is important for reconnecting Puerto Rico to the Caribbean islands and also is an investment in jobs, commerce, new business opportunities and economic development. We have, in a year, recuperated routes that were discontinued during recent years in the Caribbean and now we are strengthening our position as the main hub in the region and connection to the United States”, said Governor Alejandro Garcia-Padilla.

About Seaborne Airlines Seaborne Airlines is giving the Caribbean the service they deserve with 98% of all scheduled flights operating. Seaborne has been operating in the Caribbean for over 20 years, carrying over two million customers safely. With over 2,600 monthly departures to sixteen airports planned by March, 2014. Seaborne serves San Juan’s Luis Munoz Marin International Airport, Vieques, St. Thomas airport and seaplane bases, St. Croix airport and seaplane bases, Tortola, Virgin Gorda, Dominica, Martinique, Guadeloupe and La Romana, Dominican Republic. St. Kitts, Nevis, Punta Cana and St Maarten are planned for the 1Q 2014. All flights operate with two pilots and twin engines under Federal Air Regulation Part 121, the strictest code of the US Federal Air Regulation governing air travel.

Seaborne Airlines Announces Move of Headquarters to Puerto Rico

ST. CROIX, U.S. Virgin Islands, Dec. 18, 2013 /PRNewswire/ — Seaborne Airlines announced today that it has reached agreement with the Commonwealth of Puerto Rico to relocate corporate headquarters from St. Croix in the U.S. Virgin Islands to San Juan, Puerto Rico, as part of a multi-faceted arrangement. Under the agreement, Puerto Rico will take an equity position in the airline and have two seats on the Board of Directors of the parent company of Seaborne, Coastal International Airways. Seaborne Airlines has committed to the creation of 400 jobs in Puerto Rico. 150 of the 400 positions will be added in Puerto Rico in the first quarter of 2014. This will bring total Seaborne employment in Puerto Rico to 250 people. The move is contemplated to be complete by March, 2014.

(Photo: http://photos.prnewswire.com/prnh/20131218/MX35758)

Seaborne will also add a number of routes important to Puerto Rico’s tourism and export growth. On December 12, the carrier started service from San Juan’s Luis Munoz Marin International Airport to La Romana in the Dominican Republic. On January 15, the carrier will add service from San Juan to St. Kitts and Nevis. On February 14, Seaborne plans to begin service from San Juan to Punta Cana, Dominican Republic. On March 1, new service from San Juan to St. Maarten, Seaborne’s 16th airport will launch. These San Juan routes are being serviced by four additional Saab 340B, 34-seat aircraft. Seaborne anticipates having a fleet of 16 Saabs based in Puerto Rico.

No change to existing routes, or Seaplane operations in the U.S. Virgin Islands, is planned as a result of this agreement.

The agreement also calls for rebranding of Seaborne’s San Juan-based operations.

“There is little that is more important to economic development than global air access” said Gary Foss, president and chief executive officer of Seaborne Airlines. “This agreement will strengthen Puerto Rico’s ties with the rest of the Caribbean and position Seaborne as being Puerto Rico’s favorite airline, for connecting customers from our partner carriers, or for customers traveling to or from Puerto Rico to neighboring islands”. Seaborne operates as an American codeshare partner in select markets at San Juan and has interline connecting agreements with JetBlue Airways and coming soon with Delta Air Lines.

“Seaborne’s thanks go out to the leaders of the Commonwealth of Puerto Rico who have made this day a reality”, said Foss.

“We happily welcome Seaborne Airlines relocation to Puerto Rico, with their new hub of operations in San Juan, and our new partnership with Coastal International Airways. This partnership is important for reconnecting Puerto Rico to the Caribbean islands and also is an investment in jobs, commerce, new business opportunities and economic development. We have, in a year, recuperated routes that were discontinued during recent years in the Caribbean and now we are strengthening our position as the main hub in the region and connection to the United States”, said Governor Alejandro Garcia-Padilla.

About Seaborne Airlines Seaborne Airlines is giving the Caribbean the service they deserve with 98% of all scheduled flights operating. Seaborne has been operating in the Caribbean for over 20 years, carrying over two million customers safely. With over 2,600 monthly departures to sixteen airports planned by March, 2014. Seaborne serves San Juan’s Luis Munoz Marin International Airport, Vieques, St. Thomas airport and seaplane bases, St. Croix airport and seaplane bases, Tortola, Virgin Gorda, Dominica, Martinique, Guadeloupe and La Romana, Dominican Republic. St. Kitts, Nevis, Punta Cana and St Maarten are planned for the 1Q 2014. All flights operate with two pilots and twin engines under Federal Air Regulation Part 121, the strictest code of the US Federal Air Regulation governing air travel.

American Capital Energy & Infrastructure Partners with Veteran Management Team to Establish BMR Energy and Commits $25 Million to First Project

ANNAPOLIS, Md., Dec. 18, 2013 /PRNewswire/ – American Capital Energy & Infrastructure (”ACEI”) announced today that it has partnered with a veteran management team to create BMR Energy LLC (”BMR”), a new energy company focused on developing and investing in power and related energy infrastructure throughout Central America and the Caribbean.

Led by Bruce Levy as Chief Executive Officer, BMR’s management team has over 60 years of collective experience in global energy project development, acquisition and operations.  Mr. Levy has held key executive positions in the U.S. and international energy sectors for the past 30 years, most recently as President and CEO of International Power North America (now part of GDF SUEZ Energy International).  Mr. Levy is joined by Andrew Rovito and Pip Decker.  Mr. Rovito has extensive experience in global energy project development and finance and most recently co-founded Development Partners Group, a developer of fossil fuel independent power projects throughout the U.S.  Mr. Decker has been involved in the renewable energy industry, focused on the development, construction and operation of wind and solar facilities throughout the U.S., and, prior to BMR, focused on project development for Brookfield Renewable Power.

Mr. Paul Hanrahan, CEO and co-founder of ACEI, said: “We are excited to partner with Bruce, Andrew and Pip in building this new platform.  Bruce is a knowledgeable and successful international executive who leads a talented team with strong energy infrastructure development and operational experience.  This partnership will enable ACEI to expand into the Caribbean and Central American region with the development of competitive and environmentally responsible power and related energy infrastructure to serve the region’s growing energy needs.”

BMR’s first project is a 34 MW wind farm in Malvern, St. Elizabeth Parish, Jamaica.  In September 2013, the Office of Utility Regulation in Jamaica selected BMR to build, own, and operate the wind project, which is expected to be operational in 2015.  The company also has a mature project pipeline throughout the region.

Mr. Hanrahan added: “There is a tremendous opportunity for renewable and efficient fossil fueled generation and gas infrastructure to displace expensive oil-fired power plants in Jamaica, as well as throughout the Caribbean and Central American region.  With most of Jamaica’s electrical power produced by diesel and heavy fuel oil, Jamaica depends on relatively expensive petroleum imports to satisfy its national energy needs.  Renewable power and other energy infrastructure can substantially reduce the cost of power while also improving the environment in Jamaica.”

“ACEI’s deep operational and development knowledge, combined with its extensive global network in the industry, as well as its financial strength will add significant value to BMR and our first project in Jamaica,” said Mr. Levy. “Power from our Jamaica wind project should be among the lowest price available in the country.  We are pursuing similar opportunities for wind, solar and fossil fueled energy projects and expect that our technical and development expertise as well as our financial strength will offer new options to governments and energy users across the region.  We look forward to being a part of this effort.”

ABOUT AMERICAN CAPITAL ENERGY & INFRASTRUCTURE
American Capital Energy & Infrastructure invests in global energy infrastructure assets, including power generation facilities, power distribution and transmission networks, energy transportation assets, fuel production opportunities and product and service companies focused on the power and energy sectors.  ACEI is part of American Capital, Ltd.’s (Nasdaq: ACAS) (”American Capital”) asset management affiliate, American Capital Asset Management, LLC.  For further information, please refer to www.ACEI.com.

ABOUT AMERICAN CAPITAL
American Capital is a publicly traded private equity firm and global asset manager.  American Capital, both directly and through its asset management business, originates, underwrites and manages investments in middle market private equity, leveraged finance, real estate, energy and infrastructure and structured products.  American Capital manages $20 billion of assets, including assets on its balance sheet and fee earning assets under management by affiliated managers, with $117 billion of total assets under management (including levered assets).  Through an affiliate, American Capital manages publicly traded American Capital Agency Corp. (Nasdaq: AGNC) with approximately $10 billion of net book value and American Capital Mortgage Investment Corp. (Nasdaq: MTGE) with approximately $1 billion of net book value. From its eight offices in the U.S. and Europe, American Capital and its affiliate, European Capital, will consider investment opportunities from $10 million to $750 million.  For further information, please refer to www.americancapital.com.

ABOUT BMR ENERGY
Headquartered in New York City, BMR Energy was founded in 2013 to focus on acquiring, developing, owning and operating power and energy related assets in the Caribbean and Central America.  The BMR team brings more than 60 years of combined international energy infrastructure development and operational experience.