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Nygard abandonment costs attorneys $14m

Three Bahamian attorneys have acted to prevent Peter Nygard fleeing The Bahamas without paying a collective $14m legal bill for representing him in multiple court cases.

BBF’s Summer of Thunder basketball exhibition underway at Kendal Isaacs

THE Bahamas Basketball Federation’s Summer of Thunder got underway this weekend with the first in the exhibition series hosted at the Kendal Isaacs Gymnasium.

Jones posts double double as Sun win on opening night

JONQUEL Jones began the 2019-20 WNBA regular season with a double double as the Connecticut Sun won on opening night.

Hutchinson signs off with a bang

IN his final home game for the Niagara College Knights at the Welland Campus Athletic Centre, guard Van ‘Bubba’ Hutchinson Jr put on another spectacular performance.

‘We must reform campaign finance’

FORMER State Minister for Legal Affairs Damian Gomez said allegations about the relationship between Canadian fashion mogul Peter Nygard and the Progressive Liberal Party are “not a good thing for the country,” adding that he hopes it spurs legislative reforms like the passing of campaign finance laws.

Sarkis’s letter shows breakthrough on Baha Mar ‘not imminent’

Sarkis Izmirlian’s letter to his former 2,026 Baha Mar staff shows there is no “imminent” breakthrough likely in the impasse over the $3.5 billion project, a senior private sector executive believes.

Baha Mar appoints ‘restructuring’ chief

Baha Mar yesterday pushed forward with its Chapter 11 plans by seeking US court permission to appoint a ‘chief restructuring officer; while Bahamian attorneys spent a second day attempting to thrash out the powers its joint provisional liquidators will possess.

$315m lost in Baha Mar tax

IT is estimated that the government has lost $315m in tax revenue from the beleaguered Baha Mar resort due its opening delays and the court appointed receivership process, according to an economic impact report of the $3.5 billion property obtained by The Tribune.

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.

We’re ready to take a hit on sale price

THE government has given itself a little over a month to close bids for the sale of the Grand Lucayan, according to Hotel Corporation chairman Michael Scott.

US warnings ‘threaten core of our existence’

The Bahamas “must do everything in our power” to combat US crime advisories, the Chamber of Commerce’s chief executive warning yesterday: “It threatens the very core of our existence”.

38 charged over breach of bail conditions

POLICE Commissioner Clayton Fernander said police recently charged 38 men who were on bail for serious crimes and were being monitored for breaching their bail conditions.

Major crime on the way down, says AC Seymour

MAJOR crime categories continue to trend downward, according to Acting Commissioner of Police Emrick Seymour.

BTC owner predicting 'light at end of tunnel'

The Bahamas Telecommunications Company’s (BTC) ultimate owner yesterday said there was “light at the end of the tunnel” in its battle to fight off Aliv’s competitive threat.Balan Nair, Liberty Latin America’s chief executive, told a conference call i

Knowles and Holies earn 21st bowl appearance in V-Tech history

A CAREER year for Bahamian wide receiver Demitri Knowles saw him and his Virginia Tech Hokies earn the 21st bowl appearance in school history.

Oil drilling is 'reckless response' to debt woe

Activists yesterday blasted the government’s decision to give the environmental go-ahead for oil drilling in Bahamian waters as “a reckless and irresponsible response” to the country’s debt woes. Sam Duncombe, reEarth’s president, told Tribune Busin

Professional basketball player Tavario Miller stars in Japan

TAVARIO Miller began a new chapter in his pro basketball career in Japan and has emerged as a leader for his title contending club.

Giants 3-peat

The Commonwealth Bank Giants came from a 2-0 deficit to sweep the MailBoat Cybots in the final three games and three-peat as the New Providence Basketball Association (NPBA) champions.

Sports Notes

JACOBI Bain, coming off his runner-up position in his previous tournament in Europe last week, yesterday won his second round match 6-3, 6-3 over No.3 seed Stefan Popovic (SRB) at the Kungens Kanna & Drottningen Under-14 event in Stockholm, Sweden.

Port suffers 40% May volume fall

Nassau’s main commercial shipping port yesterday predicted it will suffer a “flat” 2020 full year after container import volumes for May to-date dropped by around 40 percent compared to the prior year.Dion Bethell, Arawak Port Development Company’s (

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