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Trustee: Liquidators’ lawsuit poses ‘meaningful threat’ to China Fishery sale

If liquidators' Hong Kong lawsuit China Fishery Group is successful it will lower the sale price and make any deal for the fishmeal producer harder to close, its bankruptcy trustee believes

By Jason Smith | Aug. 2, 2019 16:31 BST
Pacific Andes
Seafood Expo Global, May 2015, Brussels, Belgium. Photo: Miriam Okarimia/ Undercurrent News
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The New York court-appointed trustee overseeing Peru's China Fishery Group (CFG) believes that a recently filed $152 million lawsuit threatens to lower the price that a buyer will be willing to pay for the fishmeal producer in an eventual sale [...]

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