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Pacific Andes

AgBank: Chapter 11 trustee will damage Pacific Andes China ops

The Agriculture Bank of China opposes appointment of an independent trustee in the chapter 11 bankrupcy protection process of Pacific Andes, says it will damage country

By Tom Seaman | Aug. 22, 2016 16:10 BST
Processing in Pacific Andes Qingdao. Picture: Pacific Andes 2014 sustainability report
Processing in Pacific Andes International Holdings' plant in Qingdao, China. Picture: Pacific Andes 2014 sustainability report
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The appointment of an independent trustee in the US bankruptcy process of Pacific Andes International Holdings (PAIH) and other group companies would be damaging, according to one of China’s largest banks [...]

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