Baha Mar Bankruptcy Judge Holds Off on Dismissal Ruling

- Construction of the Baha Mar resort on the beach in the Bahamas. Baha Mar’s bankruptcy judge likely will rule on a bankruptcy case dismissal next month.
- Baha Mar
Baha Mar Ltd.’s bankruptcy judge outlined two different middle grounds on dismissal of the resorts project’s bankruptcy, Daily Bankruptcy Review reports via The Wall Street Journal.
(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)
According to WSJ, Puerto Rico’s governor extended a draft restructuring plan deadline.
A judge awarded Thornburg Mortgage Inc.’s liquidating trustee $45 million in a lawsuit against the Royal Bank of Canada, DBR reports via WSJ.
Life Partners Holdings Inc. won approval to keep control of its bankruptcy case until at least next month, Bloomberg reports.
WSJ discusses the financial struggles faced by coal miners and how suppliers are being affected.
Florida-based fuel company Bunkers International filed for chapter 11 bankruptcy protection, the Orlando Sentinel reports.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa
[more]- Feeds Categories:
