Baha Mar Gets Receiver

11/03/15

Bahamas-based Baha Mar Ltd. got a receiver to help bring the troubled resort project to completion.Read the Daily Bankruptcy Review article via The Wall Street Journal.

Construction of the Baha Mar resort on the beach on New Providence island, Bahamas, July 2014.
Baha Mar

(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.”)

American Apparel Inc. won final approval of its $90 million financing package, DBR reports via WSJ.

As DBR reports via WSJ, Caesars Entertainment Corp.’s bankrupt operating unit won approval to sell a shuttered casino in Mississippi.

Surfwear retailer Quiksilver Inc. is seeking approval of a deal with private-equity firm Oaktree Capital Management, DBR reports in WSJ.

Bloomberg looks at the policing by the government of student debtors.

(And don’t forget to check out our blog post on a new deal that will allow some repayment from a bankrupt Super Bowl ticket seller to people who purchased tickets and got shorted.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa

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