September 2nd, 2016 
Splash 24/7 Asia, Containers, Contributions 0 comments
The insolvency of Hanjin Shipping, the worlds seventh largest container line, is likely to have a significant impact throughout the maritime sector. In this briefing Craig Neame and Matthew Wilmshurst from law firm Holman Fenwick Willan provide an overview of some of the potential consequences of Hanjins insolvency and which parties will be most affected by this development.
On 31 August 2016, Hanjin announced that it had filed for rehabilitation and the appointment of a receiver in the Seoul District Court, setting in motion formal insolvency proceedings in that jurisdiction. This …
Read the full article at: http://splash247.com/hanjin-rehabilitation-next/