Bahamas Vacations News Real Estate Directory Business Community

 Bahamas Top Stories

2004-04-02 16:57:45

Sidney Stubbs Bankrupt

Holy Cross MP Sidney Stubbs has been delared bankrupt by a Supreme Court judge, throwing into question his future as a member of parliament.

Under the constitution, Mr. Stubbs, the controversial former chairman of the Bahamas Agriculture and Industrial Corporation (BAIC) will cease to perform his functions as a member of the House, but does not have to vacate his parliamentary seat immediately.

The order was handed down by Justice Jeanne Thompson on March 30.

The details of the order were not available up to press time and it was unclear whether Mr. Stubbs planned to pay the debt or challenge the decision.

The plaintiff in the case was Gina Gonzalez who had instructed her lawyers to collect more than $70,000 from Mr. Stubbs.

Source: Erica Wells, The Tribune 

 Printer friendly version (View: 1037 | Print: 117)

Bankruptcy Challenged – 2004-04-02 16:57:45
Dodgy Land Deals 'Could Wreck The Bahamas Reputation' – 2004-04-02 16:57:45
Feds: Bahamas Air Travelers Not Adequately Screened – 2004-04-02 16:57:45
It's A Dogs Life For Travelling Potcake Puppies – 2004-04-02 16:57:45
Police Investigate Arson On Plane – 2004-04-02 16:57:45

US Gets Set To Cut Off Bahamas Over '90's Case – 2004-04-02 16:57:45
MP Claims Generation Property Has led To Theft – 2004-04-02 16:57:45
British Colonial Hotel: The Landmark With Nine Lives – 2004-04-02 16:57:45
When Nature Calls – 2004-04-02 16:57:45
Small Islands Drowning In Sewage, Garbage, Says Un Study – 2004-04-02 16:57:45

Bahamas Hotel Guide
Bahamas Hotels

Copyright © 2005, BahamasB2B - National Website for the Islands of The - Bahamas Web design, website maintenance