BML Properties Ltd. Announces Settlement of Decade Long Baha Mar Litigation
BML Properties Ltd. today announces it has successfully settled all litigation involving CCA Construction Inc., formerly known as China Construction America (“CCA”), CCA Bahamas Ltd. and CSCEC (Bahamas) Ltd.
BML Properties Ltd. comments on CCA Construction Inc. Bankruptcy Announcement
BML Properties Ltd. today expressed its disappointment in the bankruptcy filing by CCA Construction Inc., formerly known as China Construction America (“CCA”).
BML Properties Ltd: $1.6 Billion Verdict Against China Construction America in Landmark Baha Mar Lawsuit
BML Properties Ltd. has been awarded over $1.6 billion against China Construction America in its long running New York lawsuit concerning the Baha Mar project, prevailing on all claims. The size of the verdict not only demonstrates the scale of the loss to the Izmirlian family but the extent of the wrongdoing by CCA. The decision once and for all sheds light on the true events of Baha Mar and how the unscrupulous actions of CCA, and the then Bahamian government, ousted Sarkis Izmirlian and the Baha Mar management team to the detriment of The Bahamas.
