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News : New Providence Last Updated: Feb 13, 2017 - 1:45:37 AM


Baha Mar bankruptcy dismissed by Delaware judge
By Tom Hals, Reuters.com
Sep 15, 2015 - 11:34:14 PM

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(REUTERS) The U.S. Chapter 11 bankruptcy of the Baha Mar mega-resort in the Bahamas was dismissed by a Delaware Bankruptcy judge on Tuesday who agreed with the project's Chinese contractor that the dispute should be resolved in the Bahamas.

Construction of the nearly completed Baha Mar ground to a halt earlier this year due to a dispute between the Chinese construction company and the local developer. It will be one of the biggest resorts in the Caribbean when it opens.

The Wall Street Journal


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