5 Key Questions Raised By Hanjin Shipping's Bankruptcy

Law360, New York (September 16, 2016, 7:16 PM EDT) -- South Korean container carrier Hanjin Shipping Co. Ltd.'s sudden bankruptcy has sparked a scramble among shipowners, suppliers, carriers, terminal operators and ground transportation providers to stake their claims on billions of dollars' worth of stranded cargo, property and equipment.

The world's seventh-largest container carrier filed for court receivership in South Korea on Aug. 31, immediately stranding an estimated $14 billion worth of goods and cargo at sea and triggering confusion over how to untangle the logistical mess that's now disrupted the global network of companies producing, handling and distributing goods and products and driven up costs for freight shipments.

In the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!