Mainebiz

W W W. M A I N E B I Z . B I Z 11 JA N UA R Y 9 , 2 0 2 3 F O C U S 2 0 2 3 E C O N O M I C O U T L O O K industry to survive, is suing the federal government to stop the plan and asking the court to fix it using accurate science so that right whales can be saved with- out sacrificing the lobster fishery. For fishermen, the day-to-day realities are uncertain. "You go out fishing, but as far as investing in your business — buy- ing new equipment or new traps or whatever — a lot of people are maybe holding back on that," he says. "And that affects the supply chain, like trap builders and boat builders and banks. It is affecting folks now, before the regulations even go into effect." e association continues to pur- sue avenues to have its legal claims addressed. To that end, the associa- tion retained attorney Paul Clement, who has argued more than 100 cases before the Supreme Court and served as solicitor general under President George W. Bush. Fundraising to support the legal battle is underway. "We're raising funds as fast as we can," says Porter. "We're hiring the best and trying to do whatever we can do to save this industry." e long-term future? If regula- tions go into law as currently writ- ten, "that's the expiration date on the fishery," he says. C O N T I N U E D O N F O L L OW I N G PA G E » Portland, ME | 207.773.7100 | dunhamgroup.com A Partnership For Optimizing Opportunities Tom Moutlon, CCIM, SIOR, George Cacoulidis and Katie Allen, Esq. When putting together a real estate deal, George Cacoulidis likes to surround himself with a team of experts. He has found the right local brokers with Tom Moulton, CCIM, SIOR and Katie Allen, Esq. Recently, the group closed on a large deal involving land and a group of nine industrial buildings. Moulton and Allen's work has just begun as they line up leases for all the buildings. Says Allen, "Now it's time for us to optimize that opportunity for George." With a deep trust in this long-lasting partnership, Cacoulidis has the right team in place to do just that. A Different Way of Looking at Things In business, you have a lot to keep your eye on. Sometimes In business, you have a lot to keep your eye on. Sometimes it's hard to see the opportunities and the risks clearly. it's hard to see the opportunities and the risks clearly. That's where Drummond Woodsum can help. We use a That's where Drummond Woodsum can help. We use a team approach – a small group of highly specialized attorneys team approach – a small group of highly specialized attorneys focused on helping your business see what's ahead before focused on helping your business see what's ahead before you take that next step. you take that next step. It's extremely efficient and cost-effective, and an excellent It's extremely efficient and cost-effective, and an excellent way to get the legal insight you need when you need it. way to get the legal insight you need when you need it. We practice law differently. Since 1965. dwmlaw.com dwmlaw.com | 800.727.1941 800.727.1941 P H O T O / C O U R T E S Y O F T H E M A I N E L O B S T E R M E N ' S A S S O C I AT I O N Kristan Porter, president of the Maine Lobstermen's Association. If you're running a business and don't know what's going to happen, how do you plan for your business? — Kristan Porter Maine Lobstermen's Association

• Cover