Banks Closer to Forcing Pacific Andes Liquidation with Court Win in British Virgin Islands
SEAFOODNEWS.COM [Mondaq Business Briefing] by Ben Mays -February 14, 2017
Banks who are major creditors of Pacific Andes are one step closer to winning liquidation of the company, after a judge ruled in their favor in the British Virgin Islands.
The BVI Commercial Court (the Honourable Justice Davis-White QC [Ag]) has recently ordered the appointment of liquidators over Pacific Andes Enterprises (BVI) Limited, Parkmond Group Limited, and PARD Trade Limited (the "Companies"), three BVI incorporated companies forming a key part of the China Fishery Group...
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