Bridgetown.
High Court Judge Randell Worrell, yesterday overturned a injunction granted to Grantley Adams International Airport Inc (GAIA), which prevented Redjet from flying a aircraft to the United Stated where it will be to help pay off creditors.
Justice Worrell agreed that Section 41 of Bankruptcy and Insolvency Act which Redjet filed for protection, provides a statutory stay so that no creditor has remedy to commence any action.
Chief Executive Officer of Redjet Captain Geoffrey O' Byrne told Trakker News: "The actions that the trustee would be taking are in the interest of the Grantley Adams (International Airport and the other creditors, so really there was no basis in law or logic for what they were seeking to do".
The GAIA had filed the injunction against Redjet after one of its two remaing planes left the island on Saturday afternoon.
GAIA is owned hundred of housand of dollars by Redjet.
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