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China Fishery Group Additional Filing Announced

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Pacific Andes Development filed for Chapter 11 protection with the U.S. Bankruptcy Court in the Southern District of New York, case number 16-12739. The Company, which focuses on the development, marketing and distribution of fish and fish products, is represented by Tracy L. Klestadt of Klestadt Winters Jureller Southard & Stevens.

The Company’s stock trades on the Singapore Exchange Mainboard under stock code P11.SI. The case is affiliated with China Fishery Group’s June 30, 2016 Chapter 11 filing. Pacific Andes Development’s Chapter 11 petition indicates total assets greater than $1 billion.

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