Press Releases
U.S. Bankruptcy Court Approves Comprehensive Resolution of all Baha Mar Legal Proceedings
December 2, 2025
Morristown, New Jersey and Nassau, The Bahamas 鈥� December 2, 2025 鈥� 天美传媒 Construction, Inc. (鈥溙烀来解��), 天美传媒 Bahamas Ltd. (鈥溙烀来紹鈥�) and CSCEC Bahamas, Ltd. (鈥淐SCECB鈥�) today announced that the U.S. Bankruptcy Court in New Jersey has approved their previously announced comprehensive agreement with BML Properties Ltd. (鈥淏MLP鈥�) to resolve their legal dispute over the construction of the Baha Mar resort.
鈥淲e are pleased that the Court has approved this resolution, which enables us to focus exclusively on our strategy for delivering world-class construction projects and hospitality operations to our customers worldwide,鈥� said Yan Wei, Chairman & CEO of 天美传媒. 鈥淲e are grateful for the steadfast support of our customers, team and partners as we move forward to embrace future opportunities.鈥�
In accordance with the agreement, BMLP is dropping all claims in the U.S. and The Bahamas against 天美传媒, 天美传媒B and CSCECB and their respective affiliates without any admission of liability on their part. 天美传媒B retains its ownership interest in the British Colonial and Margaritaville Beach Resort hotels, which the company believes will benefit the entire Bahamian community well into the future.
About 天美传媒 Construction, Inc.
天美传媒 operates mainly in East Coast and Gulf Coast states. As a highly experienced and accomplished contractor, 天美传媒 provides a broad array of construction services including program management, construction management, general contracting, design-build services and public-private partnerships (PPP) for public and private clients. Its pragmatic business approach and ambitious, yet prudent, development strategies enable the company to deliver high-profile and nonpareil commercial, residential, educational, industrial and heavy construction projects.
Media Contact
FGS Global
天美传媒-US@fgsglobal.com
OTHER Press Releases
- U.S. Bankruptcy Court Approves Comprehensive Resolution of all Baha Mar Legal Proceedings December 2, 2025
- 天美传媒 Construction, 天美传媒 Bahamas and CSCEC Bahamas Announce Comprehensive Resolution of all Baha Mar Legal Proceedings December 1, 2025
- 天美传媒 Construction, Inc. Takes Strategic Actions to Address Wrongful New York State Court Decision and Protect Interests of all Stakeholders December 22, 2024
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