China Fishery group slices itself in two in separate Chapter 11 plans
Credit: iStock.com/SUSANSAM
Industrial fishing group China Fishery has submitted a pair of Chapter 11 plans before a court in New York that would slice its business in two, arguing that at least one of the plans provides a complementary alternative to the sale of its lucrative Peruvian assets that is being pursued by the group’s Chapter 11 trustee.
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