By Scott Armstrong
Guardian Business Editor
scott@nasguard.com
twitter.com/guardianbiz

The key piece in the jigsaw that is the failed insurance company Clico-the multi-million dollar Wellington Preserve on which much of creditors'hopes for a cash return rest on-is attracting interest from buyers and"should"sell in the next few months, the U.S. realtor hunting for a purchasor has told The Nassau Guardian.
The 523-acre real estate development in Florida accounts for about 63 per cent of insolvent insurer CLICO(Bahamas)assets and selling the property would be the biggest step forward in recouping monies for CLICO(Bahamas)policyholders and Bahamian creditors.
It had been hoped that a ...

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