Sale Proposal for The Dolphin Company to Grupo Xcaret Threatens 90% Monopoly and Violates Court Rulings
The Dolphin Company's management has proposed selling its Mexican assets to Delphinus Blue Planet (Grupo Xcaret subsidiary) for $20 million, a deal that would violate Mexican Supreme Court rulings and create a 90% monopoly in dolphin habitat tourism. The proposal was filed in U.S. Bankruptcy Court despite an active judicial stay from Mexico's highest court prohibiting asset sales without authorization.