Search results for : Deloitte
Winder: 'Wait and see' on CEXIM funds
August 30, 2016
Winder: 'Wait and see' on CEXIM funds
Baha Mar receiver-manager and Deloitte Managing Partner Raymond Winder said "just wait and see" in regard to when the Export-Import Bank of China (CEXIM) will deposit the promised funds to settle the Bahamian employees' claims and pay the claims of Bahamian creditors that were involved in the Baha Mar saga.
Former Baha Mar workers respond to payout news
August 30, 2016
Former Baha Mar workers respond to payout news
Over the last week, the government has made a series of announcements in relation to the former workers of Baha Mar receiving what was owed to them when the resort closed last year and sent over 2,000 workers home.
Smith: No details yet on committee's work
August 30, 2016
Smith: No details yet on committee's work
James Smith, a member of the new committee appointed by the government to oversee the settling of claims of former Baha Mar employees and creditors, said the first time he learned of his appointment was Sunday, the day of the announcement.
August 29, 2016
Government hopes Baha Mar workers will be paid by end of September
THE government yesterday expressed "hope" that the claims of former Bahamian workers at Baha Mar will be settled by the end of next month, with all other claims to be dealt with by year-end.
As Baha Mar crisis drags on, PM silent
August 30, 2016
As Baha Mar crisis drags on, PM silent
Nearly a month after Prime Minister Perry Christie said the Export-Import Bank of China (EXIM) should be in a position to announce a new buyer for Baha Mar within a "few weeks", Christie refused to answer questions about the derailed project this week.
August 29, 2016
Bahamas government announces committee to process all Baha Mar claims
As part of the agreement between the Export-Import Bank of China (?the Bank?) and the Government of the Commonwealth of The Bahamas to remobilize and complete construction of the Baha Mar Resort, the parties have established a Committee to administer the claims of Bahamian and other creditors of the Baha Mar group of companies.
Baha Mar worker payouts by Sept. 30
August 29, 2016
Baha Mar worker payouts by Sept. 30
Amid criticisms that its recent announcement of its agreement with the Export-Import Bank of China (CEXIM) to resume work on the stalled Baha Mar project was low on specifics, the government yesterday announced that the parties have established a committee to administer claims of Bahamian and other creditors.
Izmirlian blasts choice for claims committee
August 29, 2016
Izmirlian blasts choice for claims committee
BMD Holdings, one of the holding companies of Baha Mar developer Sarkis Izmirlian, said yesterday unsecured creditors of Baha Mar have every reason to be wary and concerned about the credibility and agenda of a committee announced yesterday to review claims in relation to the project.
Minnis warns on Baha Mar
August 29, 2016
Minnis warns on Baha Mar
Free National Movement (FNM) Leader Dr. Hubert Minnis yesterday warned the Christie administration and the Export-Import Bank of China (CEXIM) that an FNM administration would change any part of the recently completed agreement to open Baha Mar that it considers not to be in the interest of Bahamians.
No public access to Baha Mar docs
August 30, 2016
No public access to Baha Mar docs
At the request of the government and the Export-Import Bank of China (CEXIM), the Supreme Court sealed documents relating to the agreement the parties signed on Monday to get Baha Mar completed and opened, preventing public access to the deal, according to Baha Mar's receiver-manager Ray Winder, managing partner of Deloitte & Touche.
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