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HomeNewsRegional News‘Death’ for LIAT if court allows creditors and ex-staff to sue the...

‘Death’ for LIAT if court allows creditors and ex-staff to sue the company, warns administrator

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By Shermain Bique-Charles

shermainbique.charles@antiguaobserver.com

(Antigua Observer) – LIAT’s administrator has filed a court appeal asking for the suspension of a previous High Court decision that ruled that an initial judgment blocking anyone from suing LIAT for outstanding monies was unconstitutional.

A group of 10 claimants are seeking access to the courts in St John’s to carry forward a case requesting their money.

Administrator Cleveland Seaforth has warned that if the appellate judges turn down the application for what is called a ‘stay of execution,’ it would spell the end for LIAT.

Seaforth said it could open up the floodgates for claims or litigation, while undermining attempts to restructure the airline which has provided vital interregional links for decades.

In his affidavit filed last month, Seaforth said it could even lead to the complete collapse of the airline, resulting in job losses for its current workforce.

He has also told the Court of Appeal that LIAT is of great national importance to Antigua and Barbuda, saying it contributes significantly to the economy.

Read more.

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