A newly formed St Lucian company has agreed to purchase the 79.99% controlling stake in Dolphin Cove Ltd, a move that resolves more than a year of uncertainty tied to US bankruptcy proceedings involving the Jamaican-listed marine attractions operator. The transaction is described as bringing the situation to a head after ongoing court-related processes in the United States have affected the company’s future. Dolphin Cove, which operates marine attraction facilities in Jamaica, has been under the spotlight as stakeholders awaited the outcome of the bankruptcy case. Under the agreed terms, the St Lucian entity will take control of the company through its near-total majority ownership, positioning it to direct the operator’s next phase after the bankruptcy process. The reports focus on the ownership change and the role of the US bankruptcy proceedings in delaying decisions about Dolphin Cove’s fate. The articles do not indicate that the deal changes the company’s Jamaican listing, but they frame the agreement as a decisive step in ending the prolonged restructuring period.