China Fishery Group, a subsidiary of Pacific Andes International Holdings (PAIH), is asking a US judge to approve the sale of three exclusive private recreation club memberships in Hong Kong to help it fund its ongoing bankruptcy sale of the group’s Peruvian fishmeal subsidiary.

Earlier this month, lawyers for the beleaguered company asked New York Bankruptcy Judge James Garrity, Jr. to approve the sale of three "Class A" memberships to the invite-only Aberdeen Marina Club to three separate buyers.

The sale of club memberships in total would give China Fishery around $528,707 (€499,183) to pay "administrative and management expenses required for the continued funding" of a bankruptcy case that has been ongoing for six years.