April 4, 2024
Grand Bahama Port Authority
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GBPA granted repossession of casino over $1.2m debt
The Supreme Court has paved the way for the Grand Bahama Port Authority (GBPA) to “repossess” the Royal Oasis casino and nearby parking lot over $1.2m in unpaid service charge debts.
GB arbitration talks to begin
Freeport’s fate is set to be determined by two weeks of arbitration hearings that will launch on Monday to determine the Government’s $357m dispute with the Grand Bahama Port Authority (GBPA).
$100m ‘dream team’ pitched as GBPA confrontation alternative
A LONG-STANDING Freeport licensee yesterday unveiled a $100m investor and management “dream team” alternative to the Government’s “ugly confrontation” with the Grand Bahama Port Authority (GBPA).
GBPA seeks to reassure on ‘unfortunate public noise’
The Grand Bahama Port Authority (GBPA) last night moved to reassure its licensees and potential investors over “the very unfortunate public noise” created by its $357m dispute with the Government.
GBPA told to pay $300m in 30 days
THE Davis administration has sent a demand letter to the Grand Bahama Port Authority (GBPA), giving it 30 days to pay more than $300m allegedly owed to government over the last five fiscal years.
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