Hanjin Shipping filed for U.S. bankruptcy protection: WSJ
Reuters - September 4th, 2016
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The Wall Street Journal, in a report dated Sunday, said Hanjin filed for protection under chapter 15 on Friday to a court in New Jersey. Hanjin filed for court receivership on Wednesday after its creditor banks decided to end financial support for South Korea's top container shipper.
Hanjin's shares are set to resume trading on Monday.
(Reporting by Se Young Lee; Editing by Stephen Coates)
News Sources
Hanjin Shipping filed for U.S. bankruptcy protection: WSJ
- Reuters
- September 4th, 2016
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