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This week in The Bahamas [July 19-24] - by Elcott Coleby
Submitted by Elcott Coleby   
Monday, 27 July 2015 07:44

Bahamas Supreme Court rejects Baha Mar’s Delaware chapter 11 application

In a ruling by Justice Ian Winder on Wednesday of this week, The Bahamas Supreme Court Denied Baha Mar’s Chapter 11 Bankruptcy Recognition Petition. This paves the way for the Supreme Court to appoint a provisional liquidator on the 31st July 2015 should the negotiating parties fail to reach an out of court settlement.

“We welcome today’s decision by The Bahamas Supreme Court to deny Baha Mar’s application for recognition of its American Chapter 11 Bankruptcy of June 29, 2015” said the Bahamas government in a press release issued the day of the ruling.

“In doing so, the Supreme Court vindicated the Government’s position, indicating it will provide the detailed reasoning for its ruling within 14 days.

“Our Government has argued firmly that a Bahamian Court, supervising the work of an independent liquidator, is best suited to oversee the restructuring, completion and opening of the resort should Baha Mar, China Construction and Exim Bank be unable to reach an out of court agreement.”

The Bahamas government reiterated that the prompt opening of the resort under private ownership and operation remains its primary objective.

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Old Bahama Bay Resort & Yacht Harbour joins MasterCard rewards program for The Bahamas
Submitted by Jennifer Bohmann   
Wednesday, 22 July 2015 13:43

WEST END, Grand Bahama -- Old Bahama Bay Resort & Yacht Harbour has joined MasterCard Worldwide’s ‘Priceless Cities’ global platform. When booking with their MasterCard, guests will receive a free Junior Suite room upgrade from Pool View to Ocean View or from Ocean View to Ocean Front. This offer must be booked in advance of stay through the Old Bahama Bay toll free number 1-888-983-6188 and is based on availability.

The new initiative, which is part of MasterCard’s global platform, Priceless Cities, offers card holders unique experiences and exclusive benefits through a series of special offers designed to enhance their experience. MasterCard’s Priceless Cities program has the goal of creating a destinations platform that goes beyond borders, and beyond just offering discounts. The Bahamas will join other elite cities that are already part of the program, such as New York, Beijing and Toronto.

Old Bahama Bay joins 78 participating merchants in New Providence and Grand Bahama. There are 62 merchants in New Providence and 16 in Grand Bahama (restaurants, retail stores, car rentals, hotels, limited tours and entertainment).

For more information, visit https://www.priceless.com/en/tourist/US/old-bahamas-bay-resort-courtesy-room-upgrade-2/offer.html.

 
Bahamian Brewery & Beverage invites you to drink pink
Submitted by Barefoot Marketing   
Wednesday, 22 July 2015 13:08

Bahamian Brewery & Beverage Invites You to Drink Pink! Bahamian Brewery and Beverage is ready to heat up the summer with the release of their truly Bahamian Radler – the ‘Sands Pink Radler’.  Sands premium lager mixed with all natural grapefruit juice is sure to be light, fruity, refreshing and the perfect way to enjoy summer weekends in The Bahamas. (Photo courtesy of Bahamian Brewery and Beverage for Barefoot Marketing)FREEPORT, Grand Bahama – Bahamian Brewery and Beverage is ready to heat up the summer with the release of their truly Bahamian Radler – the ‘Sands Pink Radler’.

Sands premium lager mixed with all natural grapefruit juice is sure to be light, fruity, refreshing and the perfect way to enjoy summer weekends in The Bahamas.

“We’re extremely proud to welcome this new product to the Sands family of beers,” said Gary Sands, Bahamian Brewery and Beverage sales executive.

“This new refreshing twist to our Sands beer is sure to be a hit with everyone who loves our truly Bahamian beer, and we hope it’ll be a treat for those who may not be beer drinkers.”

Radler is a German word and it’s commonly known to consist of a 50:50 mixture of beer and sparkling juices.

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DNA commentary - Things fall apart (Baha Mar)
Submitted by the DNA party   
Tuesday, 21 July 2015 10:17

After weeks of selling the country false hope about the future of the Baha Mar property, Bahamians everywhere are now reading the writing on the wall. According to media reports, the government’s most recent attempts to broker a consensual agreement between Baha Mar’s stakeholders has failed miserably and now, weeks after the company’s Chapter 11 bankruptcy filing in Delaware, things have seemingly fallen apart altogether.

On Thursday night, for the first time since the company began experiencing difficulties, Mr. Christie through a national address sought to lay out the “facts” concerning Baha Mar for the public, this despite numerous calls from the Democratic National Alliance and others for him to be transparent about the issues plaguing the development. In his address, Mr. Christie seemed to lay the blame for failed talks completely at the feet of Baha Mar’s CEO who, according to the PM, while asking for more than a half million dollars to complete the project, refused to drop his Chapter 11 filing, or his UK lawsuit against the lead contractor, a move which Mr. Christie called unacceptable.

In media reports from Friday however, Baha Mar executives suggested that the government abandoned its role as mediator in the matter in order to pursue its own legal recourse. The company further accused the government of significantly jeopardizing the future of the resort and nationalizing the assets of a private investor. These comments issued via a company statement paint a vastly different picture than the one presented by this government who, since the beginning, touted the need for good faith negotiations and pledged its commitment to ensuring that those talks succeeded.

In the face of those failed talks however, WHO ARE BAHAMIANS TO TRUST? The conflicting reports from both the government and the developer have done little to restore public confidence and faith in the viability of the project. The talks which had been meant to provide Baha Mar’s employees and the wider public with a sense of closure regarding stakeholders plans for the future have raised even more questions and destroyed the credibility of all involved.

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CBL, Bahamasair team up for second round of non-alcoholic beverages – Fayrouz in flight
Submitted by DP&A   
Tuesday, 21 July 2015 10:10

NASSAU, Bahamas -- Hot on the heels of a successful promotion between Bahamasair and Commonwealth Brewery Limited that provided passengers a taste of the new non-alcohol Kalik Radler 0.0%, the two are partnering for a second round – treating passengers on international flights during the month of July to complimentary samplings of Fayrouz, the brewery’s new non-alcoholic malt beverage with a fruit flavour.

“Commonwealth Brewery (CBL) is pleased to partner with the national flag carrier Bahamasair once again to provide passengers with a taste of our growing selection of non-alcoholic beverages,” said CBL Managing Director Hans Neven. “As we continue to expand our non-alcoholic offerings, we have been rewarded by market response which has been nothing short of phenomenal.”

The partnership between the airline and CBL began in June, a month after CBL launched its expanded line of non-alcoholic beverages that included Kalik Radler 0.0% and two flavours of Fayrouz.

Bahamasair Deputy General Manager Van Diah said the airline was pleased to partner with Commonwealth Brewery in the launch of non-alcoholic beverages in flight.

“Bahamasair continues to seek innovative ways to ensure passenger satisfaction from the moment they board a flight until they are safely on the ground at their destination,” said Van Diah. “Partnering with CBL to serve our passengers Fayrouz adds that something special that sets Bahamasair apart and brings an extra smile to passengers’ faces while we are in the air.”

According to CBL, Fayrouz has 20%-30% fewer calories than soda, contains all natural ingredients including sparkling water, is preservative- and additive-free and comes in pear or pineapple flavours. It is sweetened with a sugar substitute extracted from the leaves of the Stevia plant and is fermented with hops, barley malt, cereal grains and water. The alcohol is removed after fermentation, a process that gives it a foam head like a beer or stout but results in an all-natural fruit flavoured soda with no trace of alcohol.

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