Quinn Fisheries, Blue Harvest Take Carlos Rafael’s Trust to Court as Companies Look to Wrap Up Deal
Major New Bedford, Massachusetts-based scallop harvesters have filed a lawsuit against Carlos Rafael’s estate trust and three other individuals as the companies sit on the verge of what they describe as a “multi-million dollar” deal.
Quinn Fisheries and Blue Harvest expected to close a deal on April 16 which would have seen Quinn transfer certain vessels and fishing permits to Blue Harvest and make purchases from Blue Harvest for both vessels and permits.
Quinn and Blue Harvest argue that if...
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