Digital media company iCreate is heading to court to seek damages in the aftermath of the company being placed in receivership by Sagicor Investments. ICreate has discharged its obligations under a $24-million bond agreement with Sagicor.
KINGSTON, Jamaica - Sagicor has confirmed that all amounts owing from iCreate Limited to the bondholder and the trustee have been paid in full. “Consequently, the receivership will be terminated,” Sagicor said in a statement Wednesday afternoon. Sagicor said it is happy at this outcome and wishes iCreate all the best going forward. iCreate Limited is a digital and creative conglomerate based in Kingston. Last April, iCreate announced the resignation.
Three defendants with prior felony convictions received varying sentences this week in Jasper County Circuit Court after pleading guilty in separate cases to possessing firearms in violation of state law.
Trading in shares for digital media company, iCreate, has been suspended with immediate effect. This is the second time in just over three months that the Jamaica Stock Exchange (JSE) has suspended trading in shares for the troubled company..
KINGSTON, N.Y. Although allegations against former Ulster County Human Rights Commissioner David Drimer were known by the administration officials as far back as late 2022, neither former Ulster County Executive Johanna Contreras nor current County Executive Jen Metzger took steps to investigate the charges. When those allegations finally became public in the form […]