April 14, 2021

Chinese EXIM Bank rejects blame for Bahamas megaresort crisis

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By Travis Cartwright-Carroll Nassau Guardian Staff Reporter From Caribbean News Now NASSAU, Bahamas — The Export-Import Bank of China (EXIM) on Thursday dismissed “unfounded criticisms” by people with “ulterior motives” and said it has the best interests of the Bahamian people at heart. There has been some criticism in recent weeks over the lack of progress […]

Billionaire adjudicated bankrupt under 1869 statute

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By Sophia Rolle-Kapousouzoglou  Contributed by Lennox Paton From International Law Office On November 20 2015 the Bahamian Supreme Court declined to register a composition with creditors sought by Irish billionaire Sir Anthony O’Reilly. The court took the alternative route of adjudicating him bankrupt instead. Facts The court declined to register what is said to be […]