Court Names Receiver to Secure Chinese Stake in Baha MarBy and
Consultant Deloitte & Touch is to secure $2.45 billion loan
Liquidators say they'll find best way to finish construction
The Bahamian Supreme Court named Deloitte & Touche LLP as a receiver to Baha Mar, the stalled hotel, golf and casino resort in Nassau, at the request of the Export-Import Bank of China, which made a $2.45 billion loan to the project in 2010.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.