Bianfishco appeals against previous decision

Lawyer Nguyen Ky Viet, representing the Binh An Seafood Company (Bianfishco), said he has lodged an appeal against a previous decision of the O Mon District People's Court on March 16.

In his appeal, the company lawyer has proposed to the court to review its decision and decide on a lower interest payment of 1.75 per cent a month, for the debt ridden seafood company.

Lawyer Viet also asked for clarification of the court’s decision, if it was based on the current trade law or the civil law.

He also asked the court to take into consideration the fact that farmer Nguyen Van Lien and Pham Thi Mai had already been paid VND1.25 billion and VND1.26 billion respectively, and for the court to also review the legal expenses of the case.

In late February, farmers Nguyen Van Lien and Pham Thi Mai decided to sue the company for non payment of fish for purchases made over a period of time.

Lawyer Nguyen Truong Thanh, representing Nguyen Van Lien and Pham Thi Mai, proposed to the O Mon District People’s Court to force Bianfishco to pay the two farmers about VND15.68 billion (US$758,000) along with VND2 billion as interest.

Related article:
Farmers win lawsuit against Bianfishco
Binh An Fishery Company pledges to clear all debts

By B. Dai - Translated by Anh Quan

Other news

Most view

Deputy Prime Minister Vuong Dinh Hue (R) meets with Ambassador Bruno Angelet, head of the EU Delegation to Vietnam, on November 21 (Photo: VNA)

EU-Vietnam FTA needs to balance interests: Deputy PM

The EU-Vietnam Free Trade Agreement (EVFTA) needs to balance both sides’ interests and respects the articles that they have agreed on, Deputy Prime Minister Vuong Dinh Hue told Ambassador Bruno Angelet, head of the EU Delegation to Vietnam.



Self - introduction

Stock market

VN-Index rockets to near 926 points this morning

After increasing 13 points to exceed 900 points on the previous session, VN-Index continued raising 21.27 points this morning to hit 924.89 points with a slew of major stocks advancing in the HCMC Stock Exchange.