ISMIRLIAN’S FOLLY AT BAHAMAR REVISITED

The PLP really got itself into a quagmire with Sarkis Izmirlian who was the original developer of the Bahamar project now open and successfully operating on Cable Beach. The project was a four billion dollar investment. There are now 2500 new rooms in the Bahamian hotel inventory that has been falling for years. There are […]

BREAKING NEWS: GOVERNMENT ANNOUNCES HOW TO GET PAID FROM BAHAMAR FUND

FOR IMMEDIATE RELEASE 28th August 2016 Bahamas Government announces committee to process all Baha Mar claims Bahamas Information Services 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, cialis canada the parties […]

Government Responds To Misinformation Of The FNM On Bahamar

Thursday 25 August STATEMENT ON BEHALF OF THE GOVERNMENT OF THE BAHAMAS Three days ago, best viagra the Prime Minister made a Statement to The Nation, viagra usa regarding the successful outcome of the BahaMar negotiations. In his Statement, the Prime Minister highlighted many of the details of that Agreement: The FACT that construction at Baha […]

Why Is Rahming No Longer With The Bahamar Liquidators?

There was a story in the press in which the one half of he Joint Provisional Liquidators announced that the other half who people thought was their partner a Bahamian Ed Rahming could no longer represent them.  We checked.  His does not affect the appointment of Mr. Rahming as one of the Joint Provisional Liquidators which he […]

PRIME MINISTER UPDATES THE HOUSE ON BAHAMAR

18 September 2015 Nassau, Bahamas – The following is the Communication to the House of Assembly by the Rt. Hon. Perry G. Christie on September 16th: Mr. Speaker, Having regard to the national importance of the Baha Mar resort project and its delayed opening resulting from the financial difficulties of the Developer and the ensuing […]

The Government’s Response On Bahamar

8 SEPTEMBER  2015 (Bahamas Information Services, clinic for the Office of the Attorney General) — The Supreme Court yesterday rendered its written Ruling on both the appointment and powers of third-party Joint Provisional Liquidators Krys Global and Alix Partners, in the matter of Baha Mar. On behalf of the Government of the Bahamas, the Attorney […]

The Liquidators Of Bahamar

Left to right: Alastair Beveridge, check AlixPartners Services UK; Nick Cropper, AlixPartners Services UK; and Edmund Rahming, KRyS Global, Bahamas  Alastair Beveridge and Nick Cropper, of leading global business advisory firm AlixPartners Services UK LLP (AlixPartners), and Edmund Rahming of KRyS Global have today been appointed Joint Provisional Liquidators (JPLs) over Baha Mar Ltd, Baha […]

Sarkis Izmirlian Misreads The Judgment of The Court In Bahamar

You suppose you can’t beat a fellow from trying but sometimes you should know when the game is up and it’s time to say Uncle.  If you read the latest missive of Sarkis Izmirlian to his employees  ( see below) about the decision on 4th September by the Court to appoint a provisional liquidator Edmond […]

THE GOVERNMENT ANNOUNCES POSTPONMENT OF BAHAMAR COURT ACTION

From the beginning of this project, the Government of The Bahamas has sought to facilitate an impartial process that results in the opening of Baha Mar, under private ownership and operation as soon as possible. It is without question in our national interest to do so. Baha Mar’s statement today is entirely misleading. As a […]

PLP CHAIR RESPONDS ON BAHAMAR SALARIES ISSUE

  FOR IMMEDIATE RELEASE 29th July 2015 Baha Mar payroll letter smacks of mischief making Bradley B. Roberts National Chairman Progressive Liberal Party   Whether the letter addressed to Baha Mar staff was written out of ignorance or contrived, tadalafil health it is dishonest, it smacks of mischief making and is condemned in the strongest terms; […]