US Bankruptcy Court Clears Sale of Cozy Harbor, Casco Bay and Art’s Lobster to Aquashell for $6.5M
A US bankruptcy judge in Maine has approved the sale of Cozy Harbor Seafood, Casco Bay Lobster and Art’s Lobster to Aquashell USA, LLC — an entity tied to Hal Harlan/Harlan Development — clearing the way for a roughly $6.5 million acquisition of processing assets, inventory and certain leases.
As Expana previously reported, the deal includes the price of $2,015,099 for Cozy Harbor's accounts receivable, $2,738,920 in Inventory and $1,750,000 in property.
Expana covered Cozy Harbor’s Chapter 11 bankruptcy...
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