Seafood Auction Buyer: 'I Never Knew Of Suit'
December 1, 2011 | 1 min to read
The $1 million fishermen's lawsuit against the Ciulla family and its seafood display auction was filed in U.S. District Court on Aug. 10, three weeks before Kristian Kristiansen acquired the assets of the Gloucester waterfront business.
But Kristiansen said Tuesday that, over the course of the negotiations, the Ciullas never informed him that their business was tainted, devalued by the lawsuit.
"They did not disclose that there was a lawsuit against them," Kristiansen told the Times Tuesday. "I was blindsided."
"I could have stuck my hands in the air and sued them straight away," he added. But he has not, saying that, instead, he has tried to look past the Ciullas' alleged oversight and take the enterprise forward, free of taint and transparent for the good of the fleet.
To read the rest of the story, please go to: Gloucester Times