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REDjet creditor case delayed in Barbados

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REDjet creditor case delayed in Barbados

Unread post by bimjim » Tue Nov 13, 2012

http://www.stabroeknews.com/2012/news/b ... -barbados/

REDjet creditor case delayed in Barbados
Friday, November 9, 2012

(Barbados Nation)

Insolvent airline REDjet will have to wait a little while longer to find out whether it will get the High Court’s approval to go ahead with its plan to pay creditors.

High Court Justice William Chandler adjourned hearing of the matter, scheduled for yesterday. The WEEKEND NATION understands the postponement was as a result of the court not being able to locate the file.

Anthony Audain, attorney-at-law for the trustee Dr Grenville W Phillips, confirmed there was no progress on the matter yesterday.

No new date has yet been set and he said the matter was not likely to be heard until next January.

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