Investor sues former managers, directors of beleaguered Nova Austral for fraud
Nova Austral is facing yet another financial impediment as a creditor sues the company for alleged fraud.
Source: seafoodsource.com
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Camanchaca, Trusal, Cermaq, Salmones Provenir hit with overproduction charges in Chile
Chile's Superintendency of the Environment has hit multiple salmon farming companies with overproduction charges in the Aysen and Magallanes regions.
Source: seafoodsource.com
Bondholders greenlight restructuring of troubled Nova Austral
Bondholders of Nova Austral have agreed to the company’s proposed restructure plans in a bid to keep the company afloat.
Source: seafoodsource.com
The turbulent history of Nova Austral
Punta Arenas, Chile-based salmon farmer Nova Austral continues to face operational challenges and liquidity constraints.
Source: seafoodsource.com
Chile increasing its scrutiny of USD 7 billion salmon industry
Chile’s government and environmental regulators are stepping up controls of the country’s USD 6.6 billion (EUR 6.1 billion) a year salmon sector.
Source: seafoodsource.com