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Pacific Andes

Judge appoints trustee for China Fishery, company says business will continue uninterrupted

Judge rules a trustee can address debtors’ multi-billion intercompany balances and investigate alleged accounting irregularities without the 'conflicts of interest that plague current management'

By Jason Smith | Oct. 31, 2016 07:45 GMT
Pacific Andes
Seafood Expo Global, May 2015, Brussels, Belgium. Photo: Miriam Okarimia/ Undercurrent News
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An independent trustee will take over management of key Pacific Andes International Holdings subsidiary China Fishery group, a US judge ruled, effectively replacing new oversight to control currently exercised by the Ng family, court documents show [...]

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