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08142023 HOME BUYER'S GUIDE

Monday, 14th August, 2023.

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Judge bids to protect $2.3m for City Markets pensioners

The Supreme Court has upheld an injunction seeking to preserve $2.288m for the benefit of City Markets pensioners even though 75 percent of this sum may already have been paid out to “third parties”.

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ArawakX full wind-up sealed without a fight

THE Bahamas’ first-ever crowd funding platform’s fate was yesterday sealed without a fight after its former principals effectively consented to its liquidation amid claims of a near-$4m insolvency.

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ArawakX ‘to be reported’ to police amid $4m insolvency

The Bahamas’ first-ever crowd funding platform is suffering from a near-$4m insolvency, its provisional liquidators have asserted, as they prepare to report “multiple criminal infractions” to the police.