China Fishery Group International (CFGI) trustee William Brandt,. Jr. is asking a New York Bankruptcy court to set "CFGI equity interest" at $995 million (€827 million) as he continues his long-running attempt to sell the beleaguered company.
Brandt told the the court this month that 40 groups are interested in bidding on China Fishery, and made a motion asking for the court's approval of bidding procedures and authority to publish and auction and sale hearing notice.
Brandt also requested a due date for qualified bids be set for Aug.
