Seafish, which stands accused of illegally charging levy on imported fish, said uncertainty over its future meant it had been unable to commission major investments. Despite this, Seafish had "continued to support industry, based on capacity and expertise", said CEO Paul Williams.
The case kicked off in 2008, when Bloomsbury International served proceedings. It claimed Seafish had charged a levy on fish landed outside the UK and imported, whereas it only had the authority to charge a levy on UK-landed fish.
Despite an initial High Court win for Seafish in July 2009, the Court of Appeal subsequently ruled against Seafish in March last year. It is expected to be several months before the Supreme Court hands down its judgment.