Management maintains that the acquisition proposal from Delphinus remains the most viable path forward, citing the bidder’s unique capacity to oversee the welfare of over 100 animals currently in the company’s care. Officials emphasized that the selection criteria prioritized economic value, financial certainty, and regulatory compliance to protect the interests of creditors and employees alike.
In section Releases
The Dolphin Company Defends Asset Sale Amid Leadership Dispute
Conflict persists at The Dolphin Company as current leadership rejects claims made by former executives regarding an ongoing Chapter 11 asset sale. The company asserts that the process remains under the strict supervision of the United States Bankruptcy Court, dismissing allegations of legal irregularity within Mexican jurisdictions.
Regarding external speculation, the company clarified that Grupo Xcaret has never participated in any acquisition negotiations. Current leadership labeled the recent unauthorized press releases from former management as an attempt to interfere with judicial proceedings. Future assessments concerning economic competition, the company noted, reside solely with the appropriate regulatory authorities, not with former executives seeking to discredit the current transition.
Comments (0)
No comments yet. Be the first!