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In re: Hanjin Shipping Co. Ltd.

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Case overview

Case Number:

2:16-bk-27041

Court:

New Jersey

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. January 18, 2017

    Hanjin Wins Approval Of $78M US Asset Sale

    A New Jersey bankruptcy judge on Wednesday approved Hanjin Shipping Co.'s request to sell off its stake in a terminal operator for $78 million, over the objections of U.S.-based creditors, saying that the Korean courier showed a sincere effort to enhance the sale value in a limited amount of time.

  2. January 09, 2017

    Hanjin Creditors Blast Bid For Asset Sale Approval

    Hanjin Shipping Co. Ltd. creditors objected Friday to the Korean courier's efforts to secure a New Jersey bankruptcy court approval of an asset sale to Hyundai Merchant Marine Co. Ltd., saying Hanjin may not have fetched the best offers and may sidestep outstanding debts without closer scrutiny.

  3. January 04, 2017

    Container Cos. Slam 'Retaliatory' Subpoenas In Hanjin Ch. 15

    Container companies told a New Jersey bankruptcy judge Wednesday that Hanjin Shipping Co. Ltd.'s "retaliatory" subpoenas and document requests are examples of discovery abuse and should be shut down, as the companies continue to fight to get paid as the collapsed carrier starts selling off its assets.

  4. December 14, 2016

    Bankrupt Hanjin Lands Ch. 15 Recognition In NJ

    A New Jersey judge formally recognized Hanjin Shipping Co. Ltd.'s South Korean bankruptcy proceeding Tuesday and affirmed an earlier order barring U.S. creditors from seizing any of the container shipping giant's assets or terminating contracts without the court's blessing.

  5. October 11, 2016

    Hanjin Slams Maritime Cos.' Doc Request In Ship Arrest

    Hanjin Shipping Co. Ltd. recently urged a New Jersey bankruptcy judge to quash a subpoena from OceanConnect Marine Inc. and other maritime companies for documents, saying they're "willfully and brazenly" trying to duck a court order barring U.S. creditors from seizing Hanjin's assets.

  6. September 30, 2016

    Cos. Brace For Litigation Wave As Hanjin Bankruptcy Unfolds

    International shippers, port operators and transportation providers untangling the logistical mess wreaked by South Korean container carrier Hanjin Shipping Co. Ltd.'s bankruptcy are anxiously anticipating more litigation as creditors and vendors continue jostling for position to get paid. Here are three issues stemming from Hanjin going belly-up that experts say could prove fertile ground for legal battles.

  7. September 16, 2016

    5 Key Questions Raised By Hanjin Shipping's Bankruptcy

    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. Here are the five biggest questions stemming from the company's bankruptcy.