Whoever loses the current court hearing will probably appeal. An appeal would send the case to the Bahamian appeals court. I don t know. I assume that would depend on whether or not the judge would allow the commencement of asset distribution. The powers given to the governor of the central bank under the newly passed act are unconstitutional because they deny a financial institution due process.
All subsequent actions are illegal and void.
The governor violated a court injunction by suspending SSBT license. I think whatever I answer to this questions will invite an avalanche of attacks. However, my answer is yes. All clients wishing to withdraw funds will be honored. Shareholder equity combined with retained earnings stood at over 6 million dollars before all this.