Bahamas

November 4, 2015 0

Close to six weeks after bankruptcy protection from the United States was thrown out for the Baha Mar Resort the...

Baha Mar lays off 2,000 staff as talks continue

October 24, 2015 0

The project of the Baha Mar resort casino is having problems yet again as 2,000 employees have now been laid...

Baha Mar Resort negotiations begin again

October 9, 2015 0

The stalled project of the Baha Mar Resort may soon begin again as several groups met yesterday to begin negotiations...

Contractor returns to Baha Mar Casino Resort project

September 30, 2015 0

After a prolonged absence, the contractor working on the Baha Mar Resort Casino has returned. The owner of the new...

U.S. judge won’t hear Baha Mar bankruptcy

Bahamas

September 18, 2015 2

Tuesday, a U.S. bankruptcy court in Delaware ruled that most of the multi-billion dollar Baha Mar chapter 11 bankruptcy filing before...

Baha Mar provisional liquidators appointed

September 11, 2015 0

Last week the Bahamian Supreme Court appointed KRyS Global, Bahamas and AlixPartners Services UK advisors as Joint Provisional Liquidators over...

Baha Mar files reorganization plan in Delaware bankruptcy court

Kim M

August 28, 2015 0

Baha Mar mega resort developer, Baha Mar Ltd, run by Sarkis Izmirlian, announced yesterday that a Chapter 11 Plan of...

Bahamian judge refuses to recognize Baha Mar’s U.S. bankruptcy filing: Updated

Kim M

July 24, 2015 0

On Wednesday a Bahamian judge denied luxury resort, Baha Mar Ltd.’s request for recognition of its U.S. bankruptcy filing at...

$3.5 billion Baha Mar Resort may be seized by the Bahamas PM

Renee Kingsley

Gaming Law & Legislation

July 20, 2015 0

When Sarkis Izmirlian proposed to set up a mega resort in the Bahamas, the country opened its doors as the...

Machine repo, reported sabotage and more threaten Baha Mar Casino

July 16, 2015 0

The Baha Mar Casino and Hotel is not doing well, with severe issues threatening the facility. Just this week, Baha...

Bahamas wants Baha Mar bankruptcy handled at home

Sam Mitchell

July 3, 2015 0

On July 2nd 2015 it was reported that the Bahamas attorney general showed frustration over a decision that would allow...

Baha Mar files for bankruptcy protection after continual construction delays

June 30, 2015 0

The development company behind a new Bahamas resort complex with a price tag of $3.5 billion has now filed for...

Baha Mar focused on completing project; No opening date announced

June 14, 2015 3

The $3.5 billion Baha Mar Caribbean resort and casino in Nassau, Bahamas was originally set to open in December 2014,...

$3.5 billion Baha Mar casino resort in Bahamas delayed again–Now July