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Peter Pan creditors, investors feud over sale of Alaska seafood company assets to Rodger May

Summary by Petersburg Pilot
An array of businesses, fishing companies and investors are objecting to a pending proposal to sell the assets of a struggling Alaska seafood company to Rodger May — one of the original investors in the company before it entered a bankruptcy-like process called receivership. The financial firm that’s overseeing Peter Pan Seafood’s receivership proposed last week to sell the company’s three process...
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Rodger May regains control of Peter Pan Seafood's assets

'There is no more financing to keep this case going. Without approval of the sale and closing by October 15, consequences will be dire.' -- Wells Fargo Bank attorney Greg Fox warning the US judge to approve the deal

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Petersburg PilotPetersburg Pilot

Peter Pan creditors, investors feud over sale of Alaska seafood company assets to Rodger May

An array of businesses, fishing companies and investors are objecting to a pending proposal to sell the assets of a struggling Alaska seafood company to Rodger May — one of the original investors in the company before it entered a bankruptcy-like process called receivership. The financial firm that’s overseeing Peter Pan Seafood’s receivership proposed last week to sell the company’s three process...

·Petersburg, United States
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Petersburg Pilot broke the news in Petersburg, United States on Thursday, October 3, 2024.
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