5th Circuit: Shrimp Processor Was A Failed Business, Should Repay $1M Payout

Mealey's (May 16, 2017, 8:31 AM EDT) -- NEW ORLEANS — A Fifth Circuit U.S. Court of Appeals panel on May 12 affirmed a federal judge in Louisiana’s ruling ordering a shrimp-processing company to repay more than $1 million it received from the Deepwater Horizon Economic Claims Center (DHECC), finding that the company misrepresented that it was not a failed business in order to receive the payout (In re Deepwater Horizon:  Crystal Seafood Company, Inc. v. Patrick A. Juneau, No. 16-30717, 5th Cir., 2017 U.S. App. LEXIS 8463)....