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CCA files in US for bankruptcy | The Tribune
2024年12月23日 · Yan Wei, CCA Construction Inc’s chairman and chief executive, in a statement that accompanied CCA’s Chapter 11 filing, said: “Our actions today are intended to protect CCA’s right to appeal...
CCA files for bankruptcy | News | thenassauguardian.com
2024年12月23日 · CCA Chairman and CEO Yan Wei said the filing was “ultimately necessitated by a crippling $1.6 billion judgment” issued against CCA and its affiliates by a New York Supreme Court in favor of Sarkis Izmirlian’s BML Properties Limited (BMLP).
Fighting $1.6B Baha Mar Decision, CCA Construction Files for …
2025年1月27日 · Following a New York State judge's ruling that China Construction America owes $1.6 billion to BML Properties—the original developer of the $3.5-billion Baha Mar project in the Bahamas—the...
CCA Construction, Inc. Takes Strategic Actions to Address …
2019年1月8日 · Yan Wei, Chairman & CEO of CCA, said: “Our actions today are intended to protect CCA’s right to appeal the New York state court’s fatally flawed decision and preserve the value of CCA for the benefit of all stakeholders while the appeal process plays out.
Izmirlian asks court to put CCA Bahamas into liquidation
2025年1月15日 · CCA Chairman and CEO Yan Wei said the filing was ultimately necessitated by the “crippling” $1.6 billion judgment. Wei said CCA was “dragged into a litigation regarding a Bahamas-based dispute involving CCA’s remote affiliates in The Bahamas, CCA Bahamas and CSCEC (Bahamas)”.
Sarkis: CCA hiding behind bankruptcy | News
2024年12月24日 · Former Baha Mar developer Sarkis Izmirlian yesterday accused China Construction America (CCA) of hiding behind a chapter 11 bankruptcy filing to avoid the enforcement of a $1.6 billion against it.
CCA files for Chapter 11 bankruptcy to protect interests and …
2024年12月23日 · Yan Wei, Chairman & CEO of CCA, said: “Our actions today are intended to protect CCA’s right to appeal the New York state court’s fatally flawed decision and preserve the value of CCA for the benefit of all stakeholders while the appeal process plays out.
Sarkis blasts CCA as ‘fraudulently managed’ | The Tribune
2024年12月24日 · Yan Wei, CCA Construction Inc’s chairman and chief executive, in a December 22, 2024, affidavit in support of the US arm’s Chapter 11 filing, asserted: “By 2014, the project was significantly...
China State Construction’s US Unit Faces Fraud Probe Call - Yahoo …
The losses on the Baha Mar project “has nothing to do with” CCA’s operations and “BML is not entitled to its money back”, wrote Yan Wei, chairman and chief executive officer of CCA in a...
China Construction America (CCA) files... - Our News Bahamas
CEO Yan Wei says CCA is determined to protect its stakeholders and overturn the ruling. “The record is clear that BML Properties’ losses were entirely the result of its own gross mismanagement and irresponsible actions, and that the lower court’s decision suffers from multiple, insurmountable errors of law,” said Yan.