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Air Namibia breathes for now – court case pushed to December

The Air Namibia liquidation case has been postponed to 1 December 2020. The reason for this is for the case hearing regarding the merits of it.
The presiding officer was Justice Esi Schimming-Chase.
Sisa Namandje represented the Belgian law firm and the respondents were the national airline and the minister of Public Enterprises. They were represented by Theo Carollus on behalf of Neves legal practitioners and the minister was represented by a government attorney.
The case was based upon the principle that the applicant, Anicet Baum, a Belgian law firm is seeking to have the national airline to be declared bankrupt and to be liquidated.
At the beginning of October, the airline gave the notice to contest this application for it to be declared so.
The Belgian firm at the time claimed that the airline had no means of honouring its debts and thus sought the assistance of the courts to have the company wound up.
This all stems from a settlement agreement late last year, that the airline owes another company Challenge Air an amount of 18.2 million euros – about N$ 350 million – that the airline agreed to pay in instalments up to September 2021.
Challenge Air is a bankrupt airline in Belgium which was a charter company.
The settlement results from a longstanding dispute over Air Namibia’s lease and maintenance of a B767-300(ER) from Challenge air in 1998.

Wonder Guchu

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