Saturday, January 6, 2024

'Corporate purgatory'

Readers will recall how federal authorities hit Alaska pollock industry players with huge fines, alleging unlawful transport of fish to the eastern United States. Deckboss wrote about the case in the October 2021 issue of Pacific Fishing magazine.

Well, it seems the two sides have reached a settlement.

But the pollock industry is furious government brass still haven't signed off on the deal struck nearly six months ago.

This has left the industry in "corporate purgatory," with the delay in resolving the enormous penalties interfering with corporate transactions, finances, and operations, according to this court filing.

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