Creditor’s agreement InselAir not approved by court

WILLEMSTAD - The judge in Curaçao did not approve the InselAir creditors' agreement. the reason for this is that according to the judge its fulfilment is not sufficiently assured,.
 
According to the Court in First Instance, while the take-over by the Turks and Caicos-based carrier InterCaribbean appears serious, there is not enough certainty.
 
At issue is that the guarantee provided with the mortgage act on one of its planes would be void if the Share Purchase Agreement (SPA) is not signed by April 15. This leaves the creditors unprotected if something should go wrong with the deal.
 
At trustee Rogier van den Heuvel’s request, InselAir’s bankruptcy was not pronounced at this time. He plans to hold InterCaribbean accountable for the amount involved of US $11 million.

Aangepaste openingstijden balie Hof van Justitie Curaçao tot nader order

WILLEMSTAD – De balie (Front Office) van de vestiging Curaçao van het Gemeenschappelijk Hof van Justitie zal tot nader order met aangepaste openingstijden werken. Vanwege technische problemen zal de Front Office beperkt open zijn.

Balie Hof van Justitie Curaçao 14 en 15 februari alleen in de ochtend geopend

WILLEMSTAD - De balie (Front Office) van de vestiging Curaçao van het Hof van Justitie heeft donderdag 14 en vrijdag 15 februari in verband met technische problemen gewijzigde openingstijden.

International banks file formal complaint at Central Bank against closure local bank accounts

WILLEMSTAD – In a letter to the Interim President of the Central Bank of Curaçao and St. Maarten, Mrs. Leila Matroos-Lasten, the Association of International Bankers in Curaçao (IBA) files a formal complaint against the closing of local bank accounts of their IBA Members.