China Fishery group slices itself in two in separate Chapter 11 plans

China Fishery group slices itself in two in separate Chapter 11 plans

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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