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Baha Mar interest like ‘beauty parade’
A Bahamian QC yesterday likened buyer interest in the $3.5 billion Baha Mar property to “a beauty parade”, while its former developer was left distinctly unimpressed by the latest winding-up petition adjournment.
Bahamas urged to adopt corporate ‘rescue culture’
The Bahamas needs to begin moving towards a “rescue culture” and create Chapter 11 -style legislation that will allow companies to restructure rather than go into receivership or liquidation, a senior Bahamian accountant argued yesterday.
Portraits draw the crowds to ‘Sports Legends Walk’
ONE of the highlights of last week’s naming ceremony of Mychal Thompson Boulevard was the unveiling of 28 specially commissioned portraits by Jamaal Rolle of Bahamian sporting stars adorning the “Sports Legends Walk” at the Queen Elizabeth Sports Centre.
Baha Mar liquidators: We won’t submit to Delaware
Baha Mar’s provisional liquidators have warned the Delaware Bankruptcy Court that they will not submit to its jurisdiction, and that they will challenge the “jurisdiction” of its decisions and Orders over them if necessary.
Ready to celebrate Pompey Day?
WITH the reconstruction of Pompey Museum well underway, the Antiquities, Monuments and Museum Corporation will hold a Pompey Day to celebrate the preservation of the country’s rich history.
Union claims Atlantis seeking to terminate staff missing work for medical reasons
A HOTEL union yesterday warned the Atlantis resort against allegedly seeking to terminate employees who have missed work for medical reasons, charging that it would “fight” the company “tooth and nail” to preserve the jobs of workers at the Paradise Island property.
Lucayan Board refutes BREA ‘face slap’ claim
The Grand Lucayan’s Board yesterday defended itself from accusations that it had given “a reprehensible slap in the face” to Bahamian realtors over the property’s impending sale.
Wilson Sporting Goods Company donates volleyballs and basketballs
THE Simpson Penn and Willie Mae Pratt Centre for Boys and Girls respectively got a much-needed boost to their athletic programme on Wednesday, thanks to a donation from Wilson Sporting Goods Company.
Atlantis hosts launch of ocean pollution prevention initiative
ATLANTIS resort yesterday celebrated the launch of the first Seabin installed in The Bahamas, which aims to reduce ocean pollution.
MONTAQUE LIQUIDATORS 'FULL FORCE' IN CANADA
By NEIL HARTNELL Tribune Business Editor Liquidators for Owen Bethel's Montaque Capital Partners have been recognised by the Ontario Superior Court of Justice through a ruling given "full force and effect" throughout Canada, a move critical to enabling t
Areas try to get back to normal
RESIDENTS, business owners, families and schoolchildren were trying to get back to normal life today in the wake of a major thunderstorm and record downpours which deluged Nassau, wrecking property, closing schools and leaving homeowners stranded.
Insurers fearing ‘flood of claims’
Bahamian insurance companies were yesterday said to be concerned about a potential “flood of claims” as a result of Tuesday night’s heavy rains, as New Providence yesterday attempted to dry out and get back to business.
Eleuthera's Pineapple Jam lineup 'entirely exciting'
As if a free afternoon and evening of the best of Eleuthera’s local bands was not enough, the Pineapple Jam has now landed the hot New Providence-based musical act Willis and the Illest.
GB Shipyard hires young professionals
FREEPORT, Grand Bahama – The Grand Bahama Shipyard has hired three young Bahamian professionals to permanent positions, employing Jeffery DeGregory, Natasha Bethel and Justan Campbell as a junior naval architect and junior planners respectively.
Atlantis condo tower does $20m in six months
Paradise Island’s 497-unit condo complex, the Reef, is providing evidence of a real estate market revival through $20 million worth of sales within six months.
INSIGHT: A vision for Downtown Nassau
ALTHOUGH the bulk of the plans for the rejuvenation of downtown Nassau are medium to long-term, Downtown Nassau Partnership (DNP) managing director Ed Fields is adamant the organisation is working to bring significant changes to the city.
COB survey says Bahamas Junkanoo Carnival made positive impression
A COLLEGE of the Bahamas survey into May’s inaugural Bahamas Junkanoo Carnival events concluded that most participants had a positive impression of the event.
Second Baha Mar SPV asset transfer
Baha Mar’s receivers and liquidators have left “no stone unturned” in their hunt for assets, quietly transferring a second tranche to the project’s secured creditor in December 2016.
LOC CEO: Final CARIFTA test event a success
THE Bahamas Association of Athletic Associations (BAAA) hosted this past weekend’s combined CARIFTA trials and Nationals with it being the final test event ahead of the 50th CARIFTA Games.
80 Haitian migrants held after vessel intercepted
EIGHTY Haitian migrants were apprehended when their vessel was intercepted in the Ragged Island chain on Sunday. Royal Bahamas Defence Force Commodore Raymond King said the group will be taken to Nassau.
