Bahamas publishes list of countries whose insolvency proceedings it can recognise
Nassau Condominiums (Credit: iStockphoto.com/TexPhoto)
The Bahamian Liquidation Rules Committee has published a list of foreign jurisdictions whose insolvency proceedings the Bahamian courts will now be able to recognise, closing a lacuna in the local law that left foreign creditors unable to access Bahamian assets at least twice in the past year.
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