Wednesday’s hearing before Justice Ian Winder was scheduled to determine whether Baha Mar would be formally wound-up and placed into formal liquidation. The judge’s motion to delay the proceedings was the third adjournment approved by the Court since the government’s original summer 2015 filing.
A Bahamas Tribune report quotes Raymond Winder, Baha Mar’s court-appointed receiver, as saying a “good expectation” exists Baha Mar will be sold “before the matter returns to court at the end of September.” Winder declined to name interested parties.