Warren, Markey and Keating demand answers from Blue Harvest owners

“After years of putting private equity profits ahead of workers and small businesses, Bregal Partners — which owned and stripped Blue Harvest of its assets — owes the community an explanation,” wrote Sen. Elizabeth Warren, Sen. Ed Markey and U.S. Rep Bill Keating. They each signed the joint letter addressed to Gene Yoon, managing partner of Bregal Partners, which owned 89.5% of New Bedford-based seafood giant Blue Harvest Fisheries prior to the company declaring bankruptcy in September of 2023. “Bregal’s actions with respect to Blue Harvest have left local small businesses and workers holding the bag after your firm spent years price gouging, mistreating workers, saddling consumers with junk fees, and stripping assets,” the letter continued. “Your actions have harmed New England’s fishing industry and left over 1,000 independent contractors, businesses, and other creditors saddled with debt.” more, >>click to read<< 07:18

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