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Pangasius competition, processing plant brought down US catfish farmer

Without a judge's approval, some $830,000 in checks to vendors would be dishonored resulting in a 'significant negative effect' on the business, the company said in a filing

By Jason Smith | Jan. 30, 2019 16:51 GMT
SouthFresh Aquaculture
An advertisement for SouthFresh Farms, a large US catfish producer.
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An urgent hearing will be held today, Jan. 30, the outcome of which will determine if US catfish farmer SouthFresh Aquaculture will be able to pay its employees this month and keep some $830,000 in checks to vendors from bouncing. [...]

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