Tag archive for ‘bankruptcy’
By The Publisher On Thursday, November 10th, 2022

Supreme Court’s conclusion goes against Eratos in Sabra-bankruptcy

PHILIPSBURG — The Erato-family is on the brink of losing ownership of 38 rights of apartment after a conclusion by the Supreme Court’s Attorney-General G. Snijders. This is the story about the downfall More...

By The Publisher On Thursday, January 17th, 2019

Insel Air on the verge of bankruptcy

PHILIPSBURG – Troubled airline Insel Air came one step closer to bankruptcy this week after the Court in First Instance withheld its approval of the so-called homologation agreement with its creditors. Intercaribbean, More...

By The Publisher On Monday, December 11th, 2017

Apartment complex in Oyster Pond at heart of corruption case against Corinne de T.

PHILIPSBURG – The anti-corruption task force (TBO) arrested Corrine de T. on Sunday on suspicion of money laundering, not reporting unusual transactions, operating a trust office without a permit and destruction More...

By The Publisher On Monday, October 10th, 2016

Bleak picture

The trustee’s report about the bankruptcy of Aquarius and Sabra paints a bleak picture of the business practices that led to the demise of these two companies and to tons of sorrow for duped investors. While the More...

By The Publisher On Friday, October 7th, 2016

Erato brothers held liable

GREAT BAY – Erato brothers held liable as people who bought into the failed Aquarius project in Red Pond will not see a penny of their investment due to bankruptcy. Photo caption: Part of the abandoned Aquarius More...