Tue, Jan 04, 2005
New York Jury Rules Against Defunct Airline Over Unpaid
Perhaps, given Southeast Airlines' financial woes, this won't
make much difference. But a New York jury last week smacked the
company with a $3.7 million judgement in the latest lawsuit over
As ANN reported last month, Southeast abruptly shut down,
leaving its 350 or so workers with rubber paychecks and stranding
hundreds of passengers. The shutdown came just six days before it
was dragged into court by Aviation Services International.
The affiliate of Israel Aircraft Industries accused Southeast of
welshing on about $5 million in debt for services and parts. Last
Wednesday, the jury agreed and awarded ASI $3.7 million.
Now, it appears, company leaders and
lawyers have gone to ground. The Tampa Bay Business Journal tried
to call Southeast owner Paul Thomas Kolfenbach and other managers
-- but to no avail. A call to the airline's New York lawyer went
unanswered and unreturned.
It was the latest in a series of judgments against Southeast.
Last March, the Business Journal reports a California company was
awarded $4.62 million on its claim that Southeast had failed to
make the payments on two of its aircraft.
Now, a fuel supplier is in court, demanding what's left of
Southeast pay $150,000 already awarded in a settlement over unpaid
"I think we should push them into bankruptcy," ASI attorney
Steve Wagner told the Business Journal last week. "That way, we
could get a trustee to start following the (assets). I just have to
find two other unsecured creditors, and I'm sure there are some
creditors angry at Southeast."
Also: Female Skydive Record, ANN November Efforts, Dream Chaser, SecTrans Reax, FAA SAFO, Able Flight, Airline Group Grounded On November 21, the Stratos 714 very light jet took to>[...]
“All three institutions have now sent a strong signal in favour of modernizing the Agency and the European aviation system as a whole. There is clear political will to ensure>[...]
Wichita-Based Center Is Authorized To Sell And Install Garmin G1000 Through G5000 Avionics On Broad Range Of Business Aircraft Yingling Aviation has been named a Garmin Integrated >[...]
Aero Linx: The Colorado Airport Operators Association (CAOA) The Colorado Airport Operators Association (CAOA) serves the common interests of the owners, operators and users of the>[...]
Downburst A strong downdraft which induces an outburst of damaging winds on or near the ground. Damaging winds, either straight or curved, are highly divergent. The sizes of downbu>[...]