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Permit roadblocks to Baha Mar’s $80m Chapter 11 financing

Baha Mar faces further Government roadblocks even if it obtains Supreme Court recognition of the Chapter 11 bankruptcy protection, as it has yet to obtain necessary Bahamian approvals for the $80 million financing facility created by its principal.

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Bobby Brown headlines the Jingle Ball

FORGET Santa Claus, ‘80s R&B superstar Bobby Brown is coming to town.

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Long Island bananas: 80-90% destruction

While Long Island farmers likely lost 80-90 per cent of their banana crop due to Hurricane Sandy, Tribune Business was told yesterday, but many homes and businesses were likely to be “back to normal in a few days”.

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Sailing for science

OFFICIALS yesterday praised the STEM for the Oceans programme that hosted 80 students and others on board the world’s largest cruise ship, calling the initiative something that speaks to the bright future for Bahamian natural resources.

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NHI will cost you $15-$80 a month

THE government is “revamping” National Health Insurance to focus more on catastrophic care with the introduction of the BahamaCare Plan and expects a contributory plan of $15 to $80 per month to fund it.

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80 to 100 voluntary job cuts offered at Water and Sewerage

THE Water and Sewerage Corporation is considering offering 80 to 100 voluntary separation (VSEPs) packages to employees as it looks towards “right-sizing,” according to Executive Chairman Adrian Gibson.Saying that plans are now underway to have the p

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‘Chicken’ and Cougars earn 105-98 win over Tigers in OT

WE were patiently waiting for Danrad “Chicken” Knowles to have a breakout game this season. That game came Sunday night when he outplayed the top player in all of college basketball and led his Houston Cougars to a 105-98 win over the LSU Tigers in overtime.

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Tennis players get in swing at the Pan Am Games

THE 19th Pan American Games continued yesterday in Santiago, Chile, which saw more Bahamians begin competition in tennis and swimming.

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New Legend, New Susan Chase and Xena victorious

53RD ANNUAL LONG ISLAND REGATTA IN SALT POND

The 53rd annual Long Island Regatta was held over the weekend in Salt Pond, Long Island and was dubbed a tremendous success.

FTX Bahamas properties must fetch ‘80% of value’

All sales of FTX’s 35 high-end Bahamas properties must fetch a price that is “equal to or greater than 80 percent” of their broker-appraised values, it has been revealed.

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Sweeting signs with Padres

Evan Sweeting’s baseball journey will continue at the professional ranks with the San Diego Padres organisation.

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Households in poverty grow 83% in 4 years

Bahamian households living below the $5,000 poverty line increased by 83 per cent between 2007 and 2011, an Inter-American Development Bank (IDB) report warning that “dramatic income deterioration” has driven this number well above 5,000.

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Cybots rout Wreckers 80-58, Queens blast the Operators

IT was Cybots Appreciation Night so head coach Wayde Watson said the best way for his teams to show their gratitude to their fans was to win their New Providence Basketball Association-New Providence Women’s Basketball Association double header.

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NAUGHTY'S NFL PICKS: 13-1 last week... it seems like I’m rounding into form

IT seems like I’m rounding into form - a robust 13-1 last week, 98-58-2 for the season - has me sitting pretty in the standings, distancing myself from the pack in the process.

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Transform Your Life: Vegan, vegetarian, pescatarian and plant-based

Based on findings that the over-consumption of red meat causes a host of preventable diseases and ailments, many people are looking for a more animal-free diet for a healthier body.

Law team to do battle

BAHAMIAN students in the UWI law programme at COB have a once in a lifetime opportunity to participate in a world class moot competition in Washington DC next month. With more than 500 law schools represented from more than 80 countries, the competitors

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Boutique hotel on 'radar' for $200m development

A $200 million real estate development yesterday confirmed that a boutique hotel, while “on our radar”, was likely three to four years from being added to its product mix.

Bahamian players in NCAA action

By RENALDO DORSETT

Receivers set aside $3m for Baha Mar preferential claims

Baha Mar’s receivers have set aside $3 million to pay potential preferred creditors of 17 companies that formed the ownership structure created by original developer, Sarkis Izmirlian.

GB entrepreneurs hold VAT bootcamp

Two Grand Bahama entrepreneurs attracted 80 business persons to a VAT Bootcamp seminar held earlier this month.