Garuda Indonesia Wins Appeal Against Greylag's Lawsuit In Paris

JAKARTA PT Garuda Indonesia (Persero) Tbk kembali memang atas perkara hukum yang dilayangkan Greylag Group.

Previously, Garuda also launched a cassation lawsuit filed by Greylag Entities against the Decision of Garuda Indonesia's Request for Debt Suspension (PKPU).

This time this legal case occurred in France, the Paris Commercial Court dated February 9, 2023, and stated that it rejected the appeal filed by Greylag nighting 1410 Designated Activity Company and Greylag night Leasing 1446 Designated Activity Company.

Greylag Group previously sued Garuda Indonesia through Garuda Indonesia Holiday France SAS (GIHF) regarding the Provisional Attachment or temporary confiscation of GIHF's account. This lawsuit is the aftermath of Garuda's PKPU agreement. The Greylag Gorup itself is known to still have not received the debt settlement agreement.

GIHF also took legal steps for Judicial Release when there was a temporary confiscation filing filed by Greylag Entities against GIHF's bank account. A French court decided to win the GIHF, and when Greylag Entities filed an appeal, the court rejected it.

In fact, a court in Paris ordered Greylag Entities to pay 80,000 Eruro or around Rp1.36 billion to GIHF through a decision officially enacted on February 22, 2024.

President Director of Garuda Indonesia, Irfan Setiaputra, explained that the acceptance of the decision was a form of strengthening Garuda Indonesia's legal basis in ensuring creditors' interests regarding the certainty of fulfilling business obligations.

"This is in line with the ratification of the peace agreement in the PKPU process by the relevant legal authorities in 2022," he said in an official statement, Thursday, February 29.

For your information, Greylag 1410 and Greylag 1446 have previously taken various legal remedies in a number of countries related to the request to cancel the Garuda Indonesia PKPU peace agreement, which previously received the majority of creditors' votes in 2022.

The lawsuit filed by Greylag has been rejected by the legal authorities of each relevant country. In 2022 Garuda Indonesia received a number of lawsuits in connection with the Garuda Indonesia Restructuring process by Greylag Entities, namely through GIHF in the form of a liquidation lawsuit in which the lawsuit by the Paris Commercial Court was declared unacceptable.

Furthermore, the Winding Up Application lawsuit in which the New South Wales Supreme Court, Australia has also issued a decision on the lawsuit in the form of discontinuing the process. In addition, related to the Judicial Review (PK) efforts at the Supreme Court where the appeal legal action has also been won by the Company.

"With this legal stipulation, our next focus is to ensure that the mission of transformation and efforts to fulfill Garuda Indonesia's obligations as approved by the majority of creditors takes place optimally," said Irfan.

Irfan said, in line with Garuda Indonesia's commitment to ensure the recovery process takes place on the track, intensive communication is also being carried out with regulators to ensure that the process of fulfilling other business obligations is maintained in a complete and prudent manner.

"The existence of these various legal provisions is certainly an important fundamental of restructuring steps that are carried out based on the applicable legal corridors," he said.