Photo courtesy China Construction America
Ninety-seven percent complete, the $3.5B Bahamas resort project is in limbo after the developer filed for bankruptcy.

一个停滞,几乎完整的巴哈马度假村项目的分辨率变得更加复杂。

巴哈马法官7月22日宣布该岛国将不认识到美国破产的一家当地开发商建造的35亿美元,巴哈MAR Resort正在向包括项目承包商在内的进一步的不确定性注入进一步的不确定性。该裁决标志着从6月29日开始的开发商与承包商之间的11小时法律对峙中的最新转折,当时巴哈Mar Ltd.的子公司通过第11章破产法向债权人申请保护。

巴哈MAR集团在其文件中指责中国建筑(CCA)的子公司(CCA)的承包商停止了项目的延迟完成和融资问题。同时,承包商断言该公司及其分包商在2月份被支付以来已经完成了价值7200万美元的工作。

记录显示,巴哈·马尔(Baha Mar)从中国出口银行获得了该项目的大部分融资后,聘请了CCA为总承包商,该公司为开发商提供了24.5亿美元的担保DEBT设施。同时,承包商提供了1.5亿美元的优先权承诺。

Construction, which began in early 2011, was originally scheduled to end by late 2014. Both parties estimate the project to be 97% complete.

If granted, the Bahamian government’s filing for a “winding-up petition”—aimed at taking control of the Baha Mar bankruptcy—may increase uncertainty for project contractors as they hustle to understand the process.

Prime Minister Perry Christie described the Bahamas’ bankruptcy laws as similar to Chapter 11, but noted that provisional liquidators control the process, with their aim being “to expedite the resolution of the matter and to prepare a plan for the restructuring of Baha Mar, that will result in the earliest possible completion.”

The court is scheduled to appoint a provisional liquidator on July 31.

In response to the ruling, Baha Mar Ltd. stated: “We do not believe today’s ruling, for which the government strenuously argued,
assures the necessary protection of the assets of Baha Mar.”

巴哈马政府在7月22日的声明中指出:“在私人所有权和运营下,尽快开放是该度假村最重要的国家。”

Meanwhile, representatives of both parties indicated that all-party discussions with the China Ex-Im Bank were ongoing. The Bahamas Tribune had earlier reported that one proposal floated during discussions called for the China Ex-Im Bank to provide the developer with financing to complete the project, plus $100 million in operating capital, with the requirement that Baha Mar Ltd. CEO Sarkis Izmirlian agree to a personal guarantee.

以前被吹捧为“西半球最大的单相度假村项目”,这是330万平方英尺的开发
包括11至28个故事之间的四个酒店,大约100,000平方英尺的赌场和大约200,000平方英尺的会议中心。