Salmon prices and Russian seafood ban drives Whittier Group to file for bankruptcy

The Whittier Group is filing for bankruptcy to restructure more than $20 million of debt, most of which is owed from building a multi-food processing and cold storage plant in Washington state. Lenders pushed up the deadline to pay back the loan to June 18, but the group couldn’t meet its demands. The lenders turned to the courts to collect on the debt.

Story continues

TRENDING NOW

LATEST LOCAL NEWS