Massachusetts: Lawmakers call for answers in wake of Blue Harvest Fisheries bankruptcy sale

Questions continue to surround the bankruptcy and sale of Blue Harvest Fisheries, the largest groundfish operation in New England, including its impact on the New Bedford fishing industry. The New Bedford company filed for Chapter 7 bankruptcy in September 2023. For U.S. Senators Elizabeth Warren (D-Mass) and Edward Markey (D-Mass) and Rep. William Keating (D-Mass) it’s part of a pattern, and they are seeking answers from Bregal Partners, a Dutch-owned private equity firm, and Blue Harvest’s majority equity holder that owned 89.5 percent of the company. more, >>click to read<< 08:05

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.