Tag Archives: Gloucester fisherman Giuseppe “Joe” DiMaio

Vessel owner countersues Cape Ann Seafood Exchange

And this is why they call it a counterclaim. Longtime Gloucester fisherman Giuseppe “Joe” DiMaio has responded to the federal lawsuit filed against him by Kristian Kristensen of the Cape Ann Seafood Exchange, refuting many of the details of Kristensen’s initial action and stating the rift between the two business associates originated with a dispute over fish prices. On Jan. 19, Kristensen sued DiMaio and the ownership corporations of his four fishing boats in U.S. District Court in Boston, alleging DiMaio has failed to pay the approximately $710,000 balance remaining on two personal and corporate loans from Kristensen and his related businesses. >click to read< 21:27

Gloucester: Local fishing titans battling in court

Two of the Gloucester waterfront’s heavy hitters are squaring off in federal court in a lawsuit with at least $710,000 at stake — and potentially much more. Kristian Kristensen, owner of the Cape Ann Seafood Exchange auction and Zeus Packing on Rogers Street, is suing longtime Gloucester fisherman Giuseppe “Joe” DiMaio, alleging DiMaio has failed to repay the approximately $710,000 balance remaining on two corporate and personal loans made to him by Kristensen and his related businesses. >click here to read< 20:06