Dismissed For No Payment
Delaware, March 7, 2016 – Jones & Associates successfully defended its client, a US air transit services company. Debtor Global Aviation Holdings Inc., through its subsidiaries, was a provider of customized, non-scheduled passenger and cargo air transport services worldwide. The Trustee for the Debtor, Alfred T. Giuliano, brought a lawsuit against our client, the Defendant, in the U.S. Bankruptcy Court for the District of Delaware, to recover a five figure amount, covering operation cost reductions and overpayment of taxes allegedly made by one of the Debtors, World Airways to the Defendant. The firm successfully established to the Plaintiff’s counsel that the disputed payments were made to the UK Company and not the Defendant, which is a US corporation. We argued that the Defendant was not a creditor or a transferee of the funds, and therefore, the Debtor had no recourse against the Defendant for the avoidance of the alleged transfers. The Trustee dismissed the case for no payment.