Contractor Wants Baha Mar Tossed From Bankruptcy

07/22/15
Construction of the Baha Mar resort on the beach on New Providence island, Bahamas, July 2014. BAHAMAR Published Credit: Baha Mar Published Credit: Baha Mar
Baha Mar

The Chinese contractor for a stalled $3.5 billion project in the Bahamas wants the developer tossed from bankruptcy in the U.S. Read the Daily Bankruptcy Review article 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.”)

WSJ reports that Caesars Entertainment Corp. is fighting to avoid following its biggest unit into bankruptcy.

Harbinger Capital Partners is suing Dish Network Inc. and leader Charlie Ergen, accusing them of illegally trying to take away its control of LightSquared, Bloomberg reports.

As DBR reports in WSJ, GT Advanced Technologies Inc.’s shareholders are looking for a say in the company’s restructuring.

A legal battle between Brazil’s OAS S.A. and two hedge funds continued to play out in a Manhattan bankruptcy court, DBR reports in WSJ.

Bloomberg profiles Puerto Rico’s financial crisis and how it is being treated by Washington.

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

[more]