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REDjet legal bind


Dawne Parris

REDjet legal bind

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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”.
 
Read the full story in today’s DAILY NATION.

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