Updated: Hanjin begins unloading in US, but creditors still wary of losing lien rights
A Hanjin cargo ship (Credit: iStock.com/VanderWolf-Images)
Ships belonging to bankrupt Korean freight transporter Hanjin have finally been able to unload in US ports following a New Jersey court order, but creditors are continuing to express concerns that their rights will not be protected under Korean maritime and bankruptcy law.
To read more
Subscribe to Global Restructuring Review
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Subscribe now