American Seafoods affiliates, US government finalize settlement in 'Bayside' case

The companies will pay $9.5 million to settle what was initially more than $400 million in potential fines.

Einar Gustafsson, CEO of American Seafoods, has been managing the company while it navigated a years-long legal battle with the US government over Jones Act fines. — Einar Gustafsson, CEO of American Seafoods, has been managing the company while it navigated a years-long legal battle with the US government over Jones Act fines.Photo: IntraFish

American Seafoods The Bayside Program Bayside Canadian Railway (BCR)Alaska pollock Kloosterboer

Published 6 February 2024, 16:41Updated 6 February 2024, 16:47