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U.S. judge grants Hanjin temporary protection from U.S. creditors

September 7, 2016 by · Leave a Comment 

Korean shipping line Hanjin Shipping Co Ltd won an order on Tuesday from a U.S. judge extending bankruptcy protections so its vessels can dock at U.S. ports without fear creditors will try take actions against the ships as they have in other countries. U.S. Bankruptcy Judge John Sherwood approved a motion by the world's seventh largest container carrier that sought to extend to the United States the protection from creditors that…

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U.S. judge grants Hanjin temporary protection from U.S. creditors