The future of embattled Brazilian tilapia producer GeneSeas remains uncertain, with the company's Chapter 11-style business restructuring case entangled in legal process.

GeneSeas filed for bankruptcy protection in October with debts at that time of BRL 248 million (€47 million/$51 million).

Brazilian feed company Racoes Patense and the South American nation's national development bank (BNDES) are among the largest creditors.

Brazil tilapia producers fight on two fronts for feed tax reduction
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The latest meeting of creditors scheduled for Aug.