Developer of $400M Salmon Farm Sued by a Former Employee

Developer of $400M Salmon Farm Sued by a Former Employee

Source: Associated Press

1/31/2022

The parent company overseeing the construction of a land-based salmon farm in Bucksport faces a lawsuit from a consulting firm hired to work on the project.

Whole Ocean's parent company, Emergent Holdings, is being sued by GNP Consulting after it was fired for allegedly underestimating the cost to construct the farm by $150 million, The Bangor Daily News reported Sunday.

According to Emergent, in 2019 it struck a deal to pay GNP Consulting's owners, Nicholas and Gabriel Pranger, $3 million for ownership of their aquaculture engineering firm PR Aqua. Emergent would also pay the firm $3.25 million in installments.

But court documents said that the consulting contract ended in June 2021 after the companies relationship soured.

Following the terminated contract, the firm filed a lawsuit against Emergent in Indiana. The complaint said that Emergent owed the company $2.4 million under the installment agreement.

Salmon, Atlantic

Continue...

News Id		Source	Stamp	country
4776	Mass fish escape raises concerns over fish farming	abc	2005-05-19	AU
4777	New fish species found off Taitung	taipeitimes	2005-05-28	TW
4778	In River of Many Aliens, Snakehead Looms as Threat	Washington Post	2005-05-28	US
4779	Foiling fugitive fish	innovations	2005-02-21	CA
4780	Scientist finds little surprise lurking at bottom of the harbour	smh	2005-07-11	CA
4781	Sinking Fish May Fast-Track Mercury Pollution to the Deep Sea	eos.org	2020-12-22	US
4782	Mint pollution kills 6,000 fish	bbc news	2005-07-04	UK
4783	How fish hear and make sounds at same time	innovations	2005-04-07	US
4784	Fishy secret of why men attract	bbc news	2005-03-22	UK
4785	Researcher Focuses on Atka Mackerel	NOAA	2005-03-18	US
4786	'Cowardly and selfish' act hits Turtles Kingston conservation effort		2020-08-24	CA
4787	Where goldfish come from	CNN/Money	2005-03-21	US
4788	Multiple genes permit closely related fish species to mix and match their color vision	eurekalert	2005-10-10	UK
4789	Angler floored by monster catch	bbc news	2005-08-01	UK
4790	Haddock catch plan sparks anger	bbc news	2005-10-21	UK
4791	Ban on long-line commercial fishing may be lifted / Restyled hook won't spare sea turtles, opponents contend	sfgate	2005-08-05	US
4792	New species are being found in record numbers in the river. Now TV viewers have a chance to name one of them	theguardian	2005-04-03	UK
4793	Criminal probe into Barents chase	bbc news	2005-11-01	UK
4794	Fish reveal hidden depths	theguardian	2005-04-15	UK
4795	Scientists call for urgent action to save Atlantic tuna	theguardian	2005-04-28	UK
4796	Some fish like it hot	abc news	2005-04-27	NZ
4797	Tuna fears exaggerated	starbulletin	2005-04-30	US
4798	Quarter of Irish sea cod 'illegal'	bbc news	2005-12-07	IE
4799	'Splash' R.I.P.; Former World Record Blue Catfish Turns Fins Up	underwatertimes	2005-12-09	US
4800	Risk assessments urged for fish escaping from net-pen aquaculture	innovations-report	2005-03-05	US

191 of [218 - pages.]