Pei

4 Vote

John 9 years ago on Baha Mar developer hits out following receivership

Baha Mar developer hits out following receivership

Even if Bah Mar goes into receivership and Izmirilian continuing his lawsuits against China Construction and China ExIm bank it will be difficult to find a buyer for the resort. If Izmirilian prevails on the lawsuits he must be granted relief. This could very well mean that control of Bah Mar is returned to him along with some hefty penalties. These two companies are already involved in several contract controversies around the world. I completed projects and shoddy workmanship. Take heed.