October 4, 2016

Hanjin Shipping - Current jurisdictional status and options

The collapse of Hanjin Shipping Co Ltd, marked by its application for rehabilitation relief in South Korea at the end of August 2016, has given rise to a number of legal and commercial difficulties at an international level. Here, we review the steps Hanjin Shipping Co Ltd have taken in a number of jurisdictions around the globe and the practical consequences of those steps.

In this latest update we provide brief summaries of the impact of the collapse of Hanjin and recent developments in the litigation from our offices around the world where Clyde & Co continues to act on behalf of a wide range of parties involved in this important dispute. For further advice on any of the issues raised please speak to your usual Clyde & Co contact or any of the contributors to this update.