BFCL’s fate hangs in the balance

By David Marchant

29 years ago

Topics

Bermuda Investment

Keywords

Bermuda Financial Centre Ltd. BFCL

Investors in Bermuda Financial Centre Ltd., which has been attempting to finance a planned $138 million hotel/office/residences project, should know within two months whether the company will succeed or fail, we have been told. The next announcement from BFCL to its investors is likely to be whether the project has succeeded in raising at least $58.7 million for the office part of the complex or failed, according to sources involved with the project.

- You're only seeing part of this content
  
  To view the entire article or download the document, subscribe today.
  
  - Offshore Courts: 29,000+ court cases (Bahamas, Bermuda, BVI, Cayman Islands)
  - Investigative Articles: 4,500+ in-depth articles, including fraud exposés
  - MLATs - Criminal: 1,400+ MLATs on global criminal investigations
  - Ch. 15 - Insolvencies: Monitored daily
  - Foreign Discovery: Applications for foreign discovery filed in the USA, monitored daily
  - Regulatory Actions: Global regulatory actions, fines, and bans, monitored daily
  - And More: Criminal indictments, extraditions, winding-up petitions, and more
  
  Unlimited access for less than $3/day.
  
  Cancel anytime.
  
  SUBSCRIBE
- SIGN IN
  
  Forgot your password?

BECOME A SUBSCRIBER

Daily red flags in high-value international finance

Unlimited access. No contracts. Cancel anytime.