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$88M HELICOPTER LAWSUIT

AN Irish company is seeking close to US$13 million ($88 million) in compensation from the Trinidad and Tobago government for breach of contract for a helicopter under the Kamla Persad-Bissessar regime in 2014. If pre-judgment and post-judgment interest are added, the figure could skyrocket to $100 million should the court rule in favour of Vertical Aviation LLC. The helicopter—a Sikorsky S-76—is well-known globally for its work in VIP transportation and utility work. The helicopter in question is owned by Vertical Aviation LLC and retails for US$15 million. The lawsuit came up for hearing last Monday in the New York Southern District Court before Justice Mary Kay Vyskocil.

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