Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2015
Regulatory and court consequences for former executives
Manuel Fernández de Sousa-Faro was criticized and fined in connection with the collapse, including for failing to report certain properties to the court. Other former directors and associated entities were also identified in proceedings related to the company’s failure.
2013
Pescanova insolvency and governance crisis
The predecessor company filed for bankruptcy protection after a major debt crisis. The episode involved disputed financial disclosures, undisclosed financing obligations, and the former chairman’s failure to notify regulators about the sale of part of his shareholding before the filing.