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.

UoC-studenten op uitwisseling en stage naar Europa

WILLLEMSTAD - In de afgelopen weken zijn een aantal studenten van de Faculteit der Sociale en Economische Wetenschappen, de Faculteit der Maatschappij- en Gedragswetenschappen en de Faculteit der Technische Wetenschappen vertrokken naar Europa voor een stage of semesteruitwisseling aan de apartneruniversiteiten van de UoC.

Raad van Ministers op bezoek bij Gouverneur

WILLEMSTAD – Elke vier maanden nodigt de Gouverneur van Curaçao, Hare Excellentie Lucille George-Wout, de Raad van Ministers uit voor een werklunch.

First Management Agreement Aruba signed

ORANJESTAD - A scoop on Aruba, where the Minister of Spatial Development, Infrastructure and the Environment Otmar Oduber and Fundacion Parke Nacional Aruba signed a management agreement for the first time on August 26.