loading

Recent events

GLuna Shrimp owner Gabriel Luna

AdvertisementX
AdvertisementX

Processing

Dispute between Pacific Andes’ liquidator, China Fishery trustee heats up with new $152m lawsuit

A new lawsuit claims that China Fishery's 'Copeinca shares were purchased using funds belonging to the plaintiffs by mistake as procured by fraud'

By Jason Smith | July 5, 2019 16:52 BST
Pacific Andes
Seafood Expo Global, May 2015, Brussels, Belgium. Photo: Miriam Okarimia/ Undercurrent News
Related

With no bids yet, China Fishery trustee targets Asia, Middle East wealth funds

China Fishery trustee won’t hire broker to target wealth funds

US operator to slash Pacific tuna fleet, citing lack of gov’t support

China’s Zoneco to sell processing, trading units to competitor

Zhangzidao set to post losses of as much as $170m

US seafood industry cautions Biden against last-minute national monument proclamations

California Dungy crab season delayed again over whales, high toxin levels

Dungeness Crab on display
AdvertisementX

A dispute between two court-appointed overseers who each control parts of the once-sprawling seafood conglomerate Pacific Andes International Holdings (PAIH) has spilled over into a Hong Kong court with a new lawsuit seeking $152 million related to the 2013 purchase of fishmeal producer Copeinca [...]

Want to keep reading?

Sign up for a trial to have full access to our articles for 7 days!

Red Lobster sees increased sales after new menu launch

free read Maine lobster boat tracking lawsuit dismissed by judge

Heavy winds to delay opening of Canada’s biggest lobster fisheries for days

Japan’s Aomori aims to double Mutsu Bay scallop exports by 2034

AdvertisementX

Contact the author [email protected]

Stay on the pulse

Get recommendations, data, editor’s picks, and the latest news from around the seafood world straight to your inbox.

Select your interests

Please select at least one newsletter d indicates our daily newsletters | 2w indicates twice-weekly | All others sent weekly All briefings are sent weekly, unless otherwise indicated
Region
Breaking news
Jobs
Species
Topic

Fill in your details

Please select at least one newsletter!
  • (eg new industry reports, prices data)
  • (eg subscription or report early birds)
  • (eg advertising, trade shows news)
How we handle your data We never share, sell or distribute our subscribers’ data. You may at any time unsubsribe from our newsletters, and request that we erase all information stored about you. Please check our Privacy policy for more details.

We use MailChimp and HubSpot as our email campaign platforms. By subscribing, you agree that the information you provide will be transferred to MailChimp and HubSpot for processing in accordance with their privacy policies (MailChimp privacy policy, HubSpot privacy policy) and terms (MailChimp terms, HubSpot terms).

Thank you. Please check your inbox to confirm your selection and start receiving newsletters.

Cookies on Undercurrent News

We use cookies for performance, security and analytics. To stop seeing this banner click Accept, or select Manage cookies to set your preferences and privacy settings.