US judge lifts Hanjin stay for cargo sale
The New Jersey judge overseeing the US leg of Hanjin’s bankruptcy has lifted the Chapter 15 stay to allow US port authorities to sell the firm’s shipping containers on, despite requests from its Korean trustee that the court wait until a winding-up plan is approved.
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.