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Ed Rahming

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Liquidator blasts own creditors committee

A Bahamian broker/dealer’s liquidator has resumed battle with his own creditors committee by blasting their criticism of his $1m-plus fees as “significantly lacking in substance, truth and accuracy”.

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Accountant opposed by own creditors committee

An accountant is facing opposition from his own liquidation committee as he bids to obtain over $1m in compensation for efforts to wind-up a collapsed Bahamian broker/dealer.

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Accountants brace for surge in insolvencies

Bahamian accountants are bracing for “an uptick” in corporate insolvency work during the 2021 second half with companies already moving to restructure as hopes for a quick economic rebound fade.

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Bahamas urged: Remove bankruptcy burden now

The Bahamas must urgently modernise its centuries' old personal bankruptcy laws to prevent hundreds of persons being marginalised post-COVID-19, a top accountant warned yesterday.

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Deltec slams ‘inaccurate’ claims on broker’s failure

A major Bahamian financial institution has slammed “inaccurate and unsubstantiated” allegations that it played a “conflicted” role in the collapse of a local investment advisory firm.

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Insolvent adviser meets just 25% of $1m liability

An insolvent Bahamas-based investment advisor has been placed in Supreme Court-supervised liquidation due to its remaining cash balances covering less than 25 percent of its $1m-plus liabilities. Ed Rahming, the newly-appointed liquidator for Pacifi

Comments

katalinaklein@msn.com 4 years, 10 months ago

Hello Ed My name is Katalina Klein. I am Arturo Klein's daughter. I have been reading your columns, as they come out, with the hopes of getting a full-real-correct story. Unfortunately, every time I read one of your articles, I remain disappointed. Journalism is supposed to be fair and unbiased. It is supposed to reach out to all sources to obtain factual information, across the board. Although your articles do probe certain aspects of what transpired, they fail to provide the total and general picture. You, as a journalist, have chosen to focus on a small segment of what occurred, not the generalized picture. Your investigations are therefore shallow and untrustworthy as sources- in my opinion. I believe that you are a very good journalist, but somehow have not been able to access the entire story. I invite you for the sake of unbiased and fair journalism, to interview my father: Arturo Klein- You may actually be very surprised by what you uncover. I believe that you will uncover a network of corruption

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