May Wins Back Major Assets of Peter Pan Seafoods, Despite Industry Objections
At the end of yesterday’s court hearing on objections to the result of a September 19 auction, King Country Superior Court Commisson Pro Tem Steven Olsen upheld the auction which awarded Peter Pan Seafoods remaining assets to its former co-owner and current creditor Rodger May.
One of Olsen's options would have been to award the sale to Silver Bay Seafoods, who won the Back-Up
Bid on Septemer 19. Their bid was $37,067,320.00, $256,680.00 less than May's $37.324 million.
The price includes Peter Pan’s ...
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