Elverta, California, U.S.A.-based Sterling Caviar has entered receivership, with creditors claiming the company owes them more than USD 23 million (EUR 21.5 million).
The company, which was purchased by Eugene Fernandez in October 2020 for USD 6.2 million (EUR 5.8 million) from Stolt-Nielsen via his holding company Hyde Road Agricultural Associates, received a USD 14 million (EUR 12.9 million) loan from CapitalView Investment Partners and Hunter Street Partners to expand its caviar…