Hanjin Shipping Will Seek Asset Stay Orders in 43 Countries

Updated on
  • Company sought court protection after lenders stopped help
  • South Korean regulator says Hanjin owners should do more

The Economic Fallout From Hanjin's Demise

South Korea’s financial regulator said Hanjin Shipping Co. will seek stay orders in 43 countries to protect its vessels from being seized, after its court receivership filing last week roiled companies’ supply chain before the year-end shopping season.

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