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Minority shareholder bids for bankrupt Canadian seafood company

A trail of litigation has followed the bankruptcy of Chester Basin Seafoods Group thanks in part to the animosity between the company's shareholders

By Barb Dean-Simmons | July 16, 2024 17:48 BST
The fishing vessel Seaman's Toy I was one of the assets of Nova Scotia-based Chester Basin Seafoods Group, which was just sold through a receivership process. Image from the website of Chester Basin Seafood Group.
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The final sale of the assets of Chester Basin Seafoods Group (CBSG), a Bridgewater, Nova Scotia-based exporter of live lobster and one of the largest harvesters of silver hake in Atlantic Canada, could be concluded within weeks [...]

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