As frequent visitors to this blog know, Deckboss has been bird-dogging the bankruptcy case of Adak Fisheries, an Aleutian cod processor with a turbulent past.
Among the various motions now pending in the case is the company's attempt to break its lease with landlord Aleut Enterprise.
What's really interesting about this motion is its concise history of the business, including a candid accounting of its good and bad years financially.
The motion also mentions Ben Stevens, suggesting the son of the former U.S. senator was a key figure in a falling-out between Adak Fisheries founder Kjetil Solberg and one of his several partners.
Well, enough of my description. Just read the five-page motion.
By the way, the lease matter is scheduled to come up in a hearing on Wednesday in U.S. Bankruptcy Court in Anchorage.
Dutch Harbor report
1 week ago