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.

Gezaghebber Bonaire wordt niet vervolgd

KRALENDIJK - De gezaghebber van Bonaire, de heer E.E. Rijna, wordt door het Openbaar Ministerie niet vervolgd wegens overtreding van vergunningvoorschriften door het bedrijf Bon Recycling BV.

Intelligence Center Sint Maarten formalized

PHILIPSBURG--The cooperation agreement for the formalization of the Intelligence Center Sint Maarten (ICSM) was officially signed on Friday, June 14th, 2019.

Afspraken met regering Curaçao

Vandaag hebben Nederland en Curaçao afspraken gemaakt om Curaçao er financieel bovenop te helpen. Er wordt gewerkt aan een onderlinge regeling die concrete afspraken zal bevatten over de noodzakelijke structurele hervormingen door Curaçao, onder meer op het gebied van de economie, overheidsfinanciën en overheidsapparaat.