A US district judge is allowing tuna giant Starkist to submit more information related to why it is unable to pay a $100 million (€89.2 million) criminal fine in order to give the company more time to evaluate the sale of TechPack.
On Aug. 2, US District Court Judge Edward Chen approved the tuna processor's request for more time to show why it is unable to pay, delaying a sentencing hearing for Aug. 7 until Sept. 11.
StarKist has repeatedly told the court it cannot sell TechPack and that it can only pay a fine of $50 million, and that its investment in the company is not worth $154 million as the US Department of Justice claims.
