REDjet legal bind

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Wiki: http://en.wikipedia.org/wiki/Airone_Caribbean
Web Site: http://www.flyredjet.com/
Started out in 2010 as Project named Air One
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bimjim
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REDjet legal bind

Unread post by bimjim » Mon Jun 11, 2012

http://www.nationnews.com/articles/view ... egal-bind/

REDjet legal bind
DAWNE PARRIS
MON, JUNE 11, 2012

THE LAWYER REPRESENTING insolvent airline REDjet was up to last night fighting a court injunction granted to one of its creditors, Grantley Adams International Airport (GAIA) Inc., which blocks the company from flying its last plane out of Barbados.

Attorney at law Anthony Audain told the DAILY NATION last night that the order gained by GAIA late Saturday was not only “invalid” but put a spoke in the wheel of the airline’s efforts to repay passengers and other creditors, including the airport which sources said is owed “significant sums”.

One of the two planes which REDjet had parked at the airport was flown out on Saturday afternoon, causing the GAIA’s attorney Larry Smith to seek the injunction to prevent the second aircraft from taking off.

However, Audain, acting on behalf of the trustee appointed after the airline filed for bankruptcy protection under the Bankruptcy & Insolvency Act, explained REDjet was trying to get the planes to the United States where the frames could be sold. That, he said, had to be done by Monday when REDjet’s pilots would be “invalidated from flying”.

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