in the main time some 2,500 Bahamians stand to become unemployed in a matter of days, Several business have inventory sitting on the docks and elsewhere some since December 2014 in anticipation of Bah Mar's opening, Restaurants and stores have been outfitted and decorated, Bahamian construction workers now sit idle, the persons who left jobs where they had tenure to join Bah Mar are slapping themselves and wishing they could slap everyone who contributed to this debacle, and the Bahamian economy has lost almost a year of economic activity that bah Mar was expected to generate. The project should have been done in phases like Atlantis. Then there would have been an increasing revenue stream.

I always advocated that Bahamians should have a stake in any business operated by foreign investors. That way Bahamians will not only have a stake in these businesses but can gain knowledge and experience in running them. So when the foreign ownership packs their bags and leave the businesses can be ongoing concerns. Government must stop giving away everything except the toilet to get just jobs in return and still get left holding empty bags when things go wrong.

Almost at the end of the seventh month and the country is still averaging a murder every 2.5 days. Unless this trend is broken there will be another 61 murders in the next five months and more this month to bring the total for the year (2015) to just under 150. The police efforts do not seem to be effective in reducing murder and maybe they need to come up with new strategies. Murder has increased in most major cities in the U.S. And some have seen the rate double. The problem is the murder rate per capita in the Bahamas is higher than most metropolitan cities in the U.S., even those that are crime ridden

While a ten percent ($300 million dollars) cost overrun and a late finish (2-3 months) would not be considered unusual for a project of this magnitude, if Bah Mar can prove these delays were intentional and contributed to the additional costs then they will get relief. If the parties involved goes ahead and disposes of Bah Mar knowing that this is the issue then that can spell more trouble down the road.

Ok so let's say we accept the ruling that the Judge denied the chapter 11 bankruptcy recognition because he wanted the matter to remain in the Bahamas jurisdiction and under the administration of Bahamian courts. So what is the purpose of denying Izmirilian any protection from his creditors and a chance to reorganize his assets? From what we know the project fell into financial problems because the China Construction Company was more than six months behind on completing its work and the China bank refused to advance additional funds. This ruling tends to force Izmirilian out and gives little opportunity for him to recoup any of the funds he has invested in Bah Mar.

What if they offer to but out Izmirilin as it is apparent they (government et.al.) do no longer want him as a partner.

This government must be careful how much it dirty a its hands with Bah Mar. They should remember Bah Mar has pending lawsuits against China ExIm bank and The China Construction Company. If the government goes ahead and (prematurely) liquidate Bah Mar and they follow through on these lawsuits and they prevail in receiving judgement against both or either of these companies then the Bahamas government can also exposé itself to liability. It must be seen that every avenue was explored before the liquidation process begins. To put strict timelines on Bah Mar can be considered duress, especially when Bah Mar is claiming that it is still negotiating. Maybe there needs to be what is called "a cooling off period ". Where all parties take a two week break and then try to renegotiate a settlement.

Then she is a tenant of Bah Mar. What a tangled web was weaved

If Izmirilin need any one thing to take back to the Delaware court to request a change of venue and to protest against the Bah Mar matter being heard in Bahamian is this article. These people are to bold to have any shame or appearance of decency.

Is someone receiving more money under the table? Had the Bah Mar deal not gone sour Bahamians would have never known how much of their country was given away to the Bah Mar group. Now it seems like this same government is favoring one set of the partners at the expense of the other. Don't ever think the "drop everything else and deal with Bah Mar" stance of the government is just about saving/creating jobs. They gat more than one horse in this race!