A Fishy Situation
An interesting civil action was recently filed in federal court in California by Red Chamber Co. (a world leader in the fishing industry and one of the largest global suppliers of shrimp) against Grupo Profand S.L. (a multinational company headquartered in Spain engaged in the fishing, processing, and commercialization of seafood products).
The complaint begins:
“This case is about economic espionage, corporate subterfuge, and government corruption in Argentina that has resulted and will continue to result in a sever domestic injury suffered in California to one of the largest and most respected family-owned businesses in the United States.”