South Korea court to declare shipping giant Hanjin bankrupt

Feb 02, 2017 (LBO) – South Korea’s shipping giant Hanjin Shipping is expected to be declared bankrupt this month, foreign media reports said. The Seoul Central District Court told media that it would end court receivership and declare the company bankrupt on February 17 following a two-week period for appeals. Demise of Hanjin Shipping is […]