Air Niugini wins court injunction against Matrix Construction

August 26, 2021

The public may have seen advertisements in newspapers by Matrix Constructions calling for a creditors’ meeting.

This followed moves by Air Niugini to progress the winding up of Matrix Constructions in the National Court due to their failure to pay Air Niugini outstanding costs.

Air Niugini was successful in legal proceedings in 2020, where the Arbitrator, Richard Chesterman QC made a legal order against Matrix Constructions of costs of K380,000, together with other orders.

Matrix failed to pay these costs and so an application was made to the National Court to have Matrix Constructions placed in liquidation. The dispute about the application for liquidation of Matrix Constructions will go back to the National Court for further hearings in early September.

Based on a belief that the notices were a breach of the Company