Court Names Receiver to Secure Chinese Stake in Baha Mar

Updated on
  • 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.

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