Yihe founder Steve Chen is one signature away from regaining control of his California-based frozen seafood company.
According to court officials, the company, which was put into receivership in September by Resource One Holdings, has paid back the debt owed and agreed to terms with its other creditors, Qingdao Yijia Native Imp. & Exp. Co., LTD (Yijia) and Tiger Bay Village Corporation.
United States District Court Judge Frederick F. Mumm is expected to sign the agreements sometime between Jan. 3, and Jan 6.
