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Seafood magnate John Risley's firm owes more than US$776 million: court documents

CFFI Ventures plans asset transfer to manage $776 million debt amid lawsuit claiming over $22 million owed, with judge's ruling expected in April.

Summary by City News
ST. JOHN’S — An Atlantic Canadian investment firm run by seafood magnate John Risley is facing a multimillion-dollar lawsuit and a change in ownership as the business owes more than US$776 million, court documents show. A news release Tuesday said CFFI Ventures Inc. had submitted a plan in Nova Scotia Supreme Court to transfer its […]

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Global NewsGlobal News
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Seafood magnate John Risley’s firm owes more than US$776 million: court documents - Halifax

An Atlantic Canadian investment firm run by seafood magnate John Risley is facing a multimillion-dollar lawsuit, court documents show.

·Toronto, Canada
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Prince George CitizenPrince George Citizen
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Longtime associate of John Risley claims seafood magnate's firm owes him $22 million

ST. JOHN'S — An Atlantic Canadian investment firm run by seafood magnate John Risley is facing a multimillion-dollar lawsuit and a change in ownership.

·Prince George, Canada
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Undercurrent NewsUndercurrent News

Canadian seafood magnate Risley looks to transfer assets of heavily indebted investment firm

'Change is inevitable and I believe this is the right path for the future' -- Clearwater founder and former owner John Risley on a plan to transfer the assets of CFFI Ventures

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City News broke the news in Toronto, Canada on Wednesday, February 18, 2026.
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