Local Business - Wed Feb 24

Wed, Feb 24th 2010, 12:54 AM

Mega-ship makes first visit to Freeport
The MSC Tomoko recently docked at the Freeport Container Port with 8,800 containers. CEO Gary Gilbert said the event was encouraging, considering plans to add 10 cranes and six berths.

Trial over Bahamas resort death stays in US
Lawyers representing the estate of Daisy Scott Emory, who died during a banana boat ride in Grand Bahama, successfully argued that the trial should take place in Orlando. They have accused Island Palm Resort of negligence and fraud.

US Judge dismisses Baha Mar's fraud claim
A judge ruled that there is no evidence that Harrah's Entertainment deceived Baha Mar about going through with a proposed $2.6 billion deal. Scotiabank is waiting on $50 million from Baha Mar but the company is reluctant to pay until it confirms a replacement deal with two Chinese entities.

Resort owners hope to sell failed $24M resort
Entrepreneur Bob Moss said there has been interest in purchasing the incomplete Chub Cay resort in the Berry Islands. A court ruled that Moss and his partners owed $24 million to Blackacre Capital Management, which financed the project.





    
    
    
    

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