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Sarkis suffers crushing blow
Sarkis Izmirlian’s already-tenuous control of the $3.5 billion Baha Mar project was effectively terminated yesterday by the Delaware Bankruptcy Court, which ruled that “no greater good” can be achieved by continuing with the Chapter 11 cases.
Share pledges show Baha Mar’s urgent Chapter 11 need
SARKIS Izmirlian believes “the best and fastest path to opening Baha Mar has evaporated” with the dismissal of its Chapter 11 bankruptcy protection, while the liquidation process offers “no light at the end of the tunnel.”
Which way will Britain swing politically?
Peter Young sets out what is at stake and why in the closest-fought British General Election for decades.
‘Proof in pudding’ that Baha Mar wind up strategy failing
A Baha Mar director believes Friday’s Supreme Court ruling is “proof in the pudding” that the Government’s winding-up strategy has failed to achieve its goals, and has only created “more confusion and uncertainty”.
PHOTO GALLERY: Going the distance at Marathon Bahamas
The Gilette couple took centre stage at the Sunshine Insurance Race weekend for the second consecutive year and emerged as the overall winners of Marathon Bahamas 2015.
Dingman hits back on failed Nassau eateries
Bahamian creditors are facing opposition to their push for a $1.113 million default judgment against Jamie Dingman’s failed Nassau restaurant empire.
Sarkis pushes for full Baha Mar liquidation
Sarkis Izmirlian yesterday again sought to present himself as the ‘champion’ of Baha Mar’s unsecured Bahamian creditors, as he moved to push the $3.5 billion development into full liquidation.
Congresswoman hopes arrest will see Bankman-Fried held accountable
UNITED States Congresswoman Maxine Waters expressed hope that former FTX CEO Sam Bankman- Fried’s arrest and arraignment will signal him being held accountable for the alleged “fraud” he committed leading to the giant crypto exchange firm’s disgraceful fall, affecting as many as one million people.
ALICA WALLACE: Justice for Megan Thee Stallion
IN July 2020, Megan Thee Stallion (legal name Megan Pete) was shot in her foot in Los Angeles. She posted on Instagram: “On Sunday morning, I suffered gunshot wounds, as a result of a crime that was committed against me and done with the intention to physically harm me.”
‘BUDDY’ ON TOP: Chavano Hield The Tribune’s Male Athlete of the Year 2022
In what was an unusual year for Bahamas sports, for the first time there were no nominees for the top five spots from track and field.
STATESIDE: Biden’s age, inflation and immigration record to be tested
POLITICIANS are quite comfortable lobbing verbal grenades at an incumbent president of the opposing party, and the current crop of Republican office holders and job seekers is no different. In the steady, numbing drumbeat of GOP criticisms of Joe Biden and his administration, the loudest seems to be about his age.
STATESIDE: A different kind of politician for Washington
JOHN Fetterman doesn’t look like a Washington politician. And that’s an understatement.
INSIGHT: Fyre, FTX and the harm to our nation
A YOUNG entrepreneur, out of his depth, losing a ton of money and injuring the reputation of The Bahamas along the way. I could be talking about Sam Bankman-Fried, whose company FTX has combusted so spectacularly in the past week or so – and I will – but let’s take a trip to the past first.
Supreme Court takes over PharmaChem’s liquidation
The liquidation of PharmaChem Technologies has been placed under the Supreme Court’s supervision due to the company’s massive insolvency, Tribune Business can reveal.
ArawakX full wind-up sealed without a fight
THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.
Nassau Gas chief pledges to fully refund all investors
A Bahamian company that raised equity capital through the collapsed ArawakX platform has pledged to return all funds to investors once they are verified, its principal saying: "I want to get out of this mess."
Wynn's 300 building jobs to 'far outweigh' environment impacts
A $100m, 14-storey Goodman's Bay penthouse complex will create 300 construction jobs and generate benefits "that far outweigh" the touted limited environmental impact, it has been pledged.
CCA slams 'implausible' $2.25bn Sarkis lawsuit
Baha Mar’s main contractor yesterday slammed Sarkis Izmirlian’s $2.25 billion fraud claim as “implausible”, branding his action as groundless and having no basis in law.China Construction America (CCA), in its long-awaited response to the fraud and “
Conflicting reports over MP’s debts
FOX Hill MP Shonel Ferguson and the vice president of her investment company have given conflicting information concerning the settlement of the more than $70,000 it is claimed their company owes in real property taxes concerning the maintenance and operation of a building it assumed responsibility for some 13 years ago, court documents allege.
Chisholm can’t stop Marlins exit
Jazz Chisholm made his Major League Baseball postseason debut in what turned out to be the final game of the season for his Miami Marlins as they were eliminated from the playoffs.
