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Barnes Bay Development Ltd., et al.

  1. September 14, 2012

    Judge Backs Cap On Attys' Fees For Barnes Bay Bankruptcy

    A Delaware federal judge Tuesday denied the appeal of three law firms seeking to collect millions in additional fees from Barnes Bay Development Ltd.'s dismissed Chapter 11 plan, ruling the bankruptcy judge correctly capped the professionals' pay at $6.3 million as set out in the debtor-in-possession financing.

  2. November 17, 2011

    Judge Nixes Barnes Bay's Ch. 11 Case

    Two months after the Caribbean resort developer's liquidation plan was torpedoed by disgruntled creditors, a Delaware bankruptcy judge agreed to dismiss Barnes Bay Development Ltd.'s Chapter 11 case Thursday, potentially denying over $4 million in fees to estate professionals in the process.

  3. September 26, 2011

    Another Creditor Wants Barnes Bay Ch. 11 Case Tossed

    A Connecticut man who put $333,000 toward a Caribbean villa joined other creditors of Barnes Bay Development Ltd. on Monday in asking a Delaware bankruptcy judge to dismiss the Chapter 11 case so they could pursue their claims against the luxury beachfront developer.

  4. September 23, 2011

    Creditors Want Barnes Bay Ch. 11 Case Tossed

    Creditors of Barnes Bay Development Ltd. asked a Delaware bankruptcy court Thursday to dismiss the company's Chapter 11 case so they can pursue their interests against the troubled Caribbean developer in Anguilla.

  5. September 20, 2011

    Judge Rejects Barnes Bay Ch. 11 Plan

    A Delaware bankruptcy judge on Tuesday rejected Barnes Bay Development Ltd.'s reorganization plan due to the unequal treatment of similar creditors, heeding the objections of creditors seeking the return of deposits on residences at the developer's swanky Caribbean resort.

  6. September 14, 2011

    Displeased Creditors Fight Barnes Bay's Ch. 11 Plan

    Disgruntled creditors fought to derail Barnes Bay Development Ltd.'s Chapter 11 plan during a confirmation hearing on Wednesday, alleging the Caribbean resort developer is discriminating against similarly situated creditors.

  7. July 11, 2011

    Barnes Bay Blasts $6.8M Real Estate Commission Bill

    Barnes Bay Development Ltd. on Friday fought a real estate company's claim in Delaware bankruptcy court over $6.8 million in commissions allegedly owed on units sold in the developer's Caribbean resort, saying the claim is deficient and based on a terminated contract.

  8. July 08, 2011

    Revised Barnes Bay Disclosure Statement Wins Court OK

    A Delaware bankruptcy judge on Wednesday approved a revised disclosure statement filed by Barnes Bay Development Ltd., nearly a week after disgruntled creditors forced the Caribbean resort owner to overhaul the original statement.

  9. June 30, 2011

    Barnes Bay Ch. 11 Disclosure Sent Back For Revisions

    Disgruntled creditors on Thursday forced Barnes Bay Development Ltd., the bankrupt owner of a Caribbean resort, to overhaul the disclosure statement explaining its Chapter 11 plan, raising questions over disparate treatment of similar unsecured creditors.

  10. June 27, 2011

    Opposition Mounts To Barnes Bay Ch. 11 Plan

    Several  Barnes Bay Development Ltd. creditors rose in opposition Thursday to the Caribbean resort developer's new Chapter 11 plan, saying it discriminates between similarly situated creditors and should be scrapped before even voting on it.

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