Author: Srushti Gangdev
A Burnaby-based trading firm is on the hook for nearly $4.3 million after failing to present a defence by the deadline in a federal court lawsuit against it. Golden Trust Trading Inc. has been ordered to pay shipping company Hapag-Lloyd Aktiengesellschaft for costs it incurred in transporting 33 shipping containers filled with waste paper and plastic film from Vancouver to Bangkok in the spring of 2019.