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APICDA sues Trident over refusal to buy rest of False Pass processing JV

The lawsuit alleges Trident first overspent on renovating False Pass JV and then refused to purchase APICDA Joint Ventures' remaining chunk of shares in the plant for close to $6m 

By Tom Seaman | Aug. 19, 2020 09:04 BST
Trident/APICDA False Pass plant
Credit: Aleutian Pribilof Island Community Development Association
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A subsidiary of Aleutian Pribilof Island Community Development Association (APICDA) has filed a lawsuit against Trident Seafoods over the latter's alleged refusal to buy a 25% stake of a salmon and whitefish processing joint venture in the US state [...]

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