Crisis Legal NewsClick here to add this website to your favorites
  rss
Crisis News Search >>>
DISASTERS NEWS
Office of Homeland Security
Emergency Prevention
U.S. Geological Survey
USGS Hazards

FEMA Official Site

AIRPLANE DISASTERS
Air Disaster.com


The ocean glows a milky turquoise. Tiny waves lap at the powder-beige sand, in no rush to reach the line of postcard-perfect palm trees.

Hundreds of luxury villas are positioned to take in the view, but there are no guests. There are no roofs either; neatly tied bundles of red tiles are stacked outside. The wind slams doors and rustles the yellowed newspaper taped to the windows.

The paralyzed work scene at the Cap Cana resort, a development including four luxury hotels, three golf courses and a mega-yacht marina, is a victim of the global financial crisis that has hit the Caribbean's tourism industry especially hard.

Cap Cana fired 500 workers last month after Lehman Brothers declared bankruptcy and a $250 million loan fell through. Talks to re-negotiate a $100 million short-term loan collapsed last week, and more layoffs are expected.

"Our project has been affected by the economic tsunami that has paralyzed the global financial markets," said Cap Cana President Ricardo Hazoury.


© Crisis Legal News - All Rights Reserved.

The content contained on the web site has been prepared by Legal Crisis News
as a service to the internet community and is not intended to constitute legal advice or
a substitute for consultation with a licensed legal professional in a particular case or circumstance. Lawyer Advertising - Lawyer Website Design by Law Promo. Best Attorney Website Design.
   Latest Crisis Legal News
   Sponsored Links
Eugene Criminal Defense
Law Office of Max J Mizejewski
Family Law. Call 541.505.9872
http://www.mjmlawoffice.com
New York Adoption Lawyers
New York Foster Care Lawyers
Adoption Pre-Certification
www.lawrsm.com
Oregon Criminal Defense
Eugene Criminal Defense Lawyer
Coit & Associates, P.C.
www.criminaldefenseoregon.com
Indianapolis Trial Lawyers
Riley Bennett & Egloff
Indiana Litigation Law Firm
www.rbelaw.com
New York SEC Attorneys
Securities Regulatory Counsel
Securities Litigation Lawyer
www.herskovitslaw.com
Palm Beach Construction Law Firm
Wellington Construction
Florida Construction Contract Law
Indiana medical malpractice lawyer
Price Waicukauski & Riley
Personal Injury Attorney
www.price-law.com
Las Vegas Personal Injury Attorneys
Las Vegas Wrongful Death Attorneys
www.mgalaw.com
Sydney Criminal Lawyers
Sydney criminal defence lawyers
Criminal Barristers and Solicitors
www.criminallaw.com.au
Pittsburgh DUI Laywer
Pennsylvania DUI Lawyer
DUI Defense lawyer. Call (412) 429-4360
http://www.gbmlawpittsburgh.com
Houston truck accident attorneys
Houston 18 wheeler accident lawyers
www.hurtinhouston.com
Professional License Defense
Criminal Defense, Sexual Harassment
The Khouri Law Firm. T. (949) 336 - 2433
http://www.khourilaw.com