The settlements the court confirmed on Tuesday address decade-long allegations of inflated prices impacting consumers and wholesalers Continue reading
Tag Archives: Legal
Legal action on behalf of UK consumers seeks £382m from salmon giants for price fixing
A legal action filed in the UK on behalf of consumers is seeking as much as £382m from Norwegian and Scottish salmon farmers Continue reading
Lobster Boys open to re-employ infamous Illinois embezzler if granted home confinement
'We are in full support to employ him while he serves the remainder of his incarceration on home confinement under the strictest terms given' -- Justin Maderia, Lobster Boys, in letter to judge regarding convicted felon Sultan Issa Continue reading
US commission urges Dep’t of State, Homeland Security to act on Chinese imports
The Congressional-Executive Commission on China warned of a 'very real possibility that US consumers of seafood are funding North Korea's nuclear saber-rattling' Continue reading
Sainsbury’s, Tesco not part of UK retail damages claim over alleged Norwegian salmon price fixing
Spokespeople for Sainsbury's and Tesco said the retailers are not involved in the action, which was revealed in the Q4 reports of Norway's Grieg and Leroy Continue reading
Australian judge blasts Nissui-backed Seafarms Group in Project Sea Dragon liquidation order
Federal court judge Michael Derrington excoriated Seafarms' 'abuse' of corporate insolvency laws to avoid paying contractors
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Danish claim UK’s move to ban sand eel fishing contravenes Brexit agreement
The closure doesn't impact UK businesses, but since 2015, the fishery has formed the basis for Danish exports totaling more than $390m in the form of fish oil and fishmeal Continue reading
EU finds Norway’s salmon farmers breached price-fixing rules
The European Commission has informed Cermaq, Grieg Seafood, Bremnes, Leroy, Mowi and SalMar of its preliminary view that they breached EU antitrust rules Continue reading
Former Zoneco CEO gets 15 years in prison for scallop scams
Wu Hougang received a 15-year prison sentence and a CNY 920,000 fine after being convicted of fraud, collusion and bribery, the Supreme People's Procuratorate announced on Dec 28
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Arbitrators find Wynn made ‘fraudulent representations’ in Rubicon sale to High Liner, award $15.5m in damages
High Liner took legal action against Wynn in 2020, following their earlier $107m deal, after the processor saw Rubicon's business with Walmart-owned Sam's Club evaporate Continue reading