Equity Interests of Marine Fishing Company
Listing Information
Equity Interests of Marine Fishing Company
Created: 07/29/2017
Category: Business Property > Investments > Partnership interests/ LLC/LLP
Sale Location: New York, New York
Sale Date: Wed. Dec 13, 2017
Trustee's Attorney
Four Times Square
New York, NY 10036
212-735-3000
Case Title: China Fishery Group Limited (Cayman)
Court: New York Southern Bankruptcy Court
Chapter: 11
View Case Docket
Description
Sale of Equity Interests of China Fishery Group Limited (Cayman), which are CFG Peru Singapore’s direct equity interest in CFGI and indirect equity interests in several non-Debtor subsidiaries of CFGI. Their interests in two Peruvian operating companies which are non-Debtor subsidiaries—CFG Investments S.A.C. (“CFGI”) and Corporacion Pesquera Inca S.A.C. (“Copeinca,” and together with CFGI, the “Peruvian OpCos”). Together, CFGI and Copeinca operate the anchovy business of the Pacific Andes Group and control a significant percentage of the anchovy fishing quotas fixed by the Peruvian government.
Financial Overview
Additional Details
Auction Time: 10:00 a.m
Minimum Overbid. At the Auction, participants will be permitted to increase their bids. Bidding will start at the purchase price and other terms proposed in the applicable Baseline Bid, and will proceed thereafter in $ 5,000,000 increments.
Bid Deposit: 10% of the proposed purchase price
Bid Deadline: December 8, 2017