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Analysis

Battle for Walmart supplier Yihe’s $40m frozen inventory heats up

Chinese companies are claiming ownership of Yihe’s $40m in frozen inventory as collateral for alleged debts for fish supplies, with its receiver filing legal action in return 

By Tom Seaman | Oct. 21, 2013 08:48 BST
Yihe flounder
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A small debt pushed Yihe Corporation, the US frozen fish supplier that lists Walmart as a customer and had claimed turnover of $500 million, into receivership [...]

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