Mondaq All Regions - South Korea: Insolvency/Bankruptcy/Re-structuring
Yulchon LLC
Seoul Bankruptcy Court will be established and replace the Bankruptcy Division of the Seoul Central District Court as of March 1, 2017.
Yulchon LLC
Seoul Central District Court terminated the rehabilitation proceedings of Hanjin Shipping yesterday on February 2, 2017 following public announcements by Hanjin Shipping . . .
Yulchon LLC
On September 12, 2016, the Bankruptcy Division of the Seoul Central District Court in charge of the rehabilitation proceedings of Hanjin Shipping Co., Ltd. amended the initial schedule of the rehabilitation proceedings as follows:
Yulchon LLC
Seoul Central District Court, or the Korean bankruptcy court handling rehabilitation proceedings of Hanjin Shipping Co., Ltd. (Hanjin Shipping) recently took several noteworthy measures.
Yulchon LLC
Please be advised that the initial rehabilitation schedule has been postponed as described above, and it is necessary for the interested parties to exercise their rights within the amended due dates set forth above.
Yulchon LLC
The going concern value and the liquidation value to be stated on the inspection report will serve as a decisive factor in evaluating whether rehabilitation proceedings of Hanjin Shipping may continue.
Yulchon LLC
Hanjin Shipping Co., Ltd. ("Hanjin"), South Korea's largest shipping operator, has applied for rehabilitation proceedings with the Seoul Central District Court (the "Court") on August 31, 2016.
Yulchon LLC
On 19 May 2016, the National Assembly passed the bill to amend the Debtor Rehabilitation and Bankruptcy Act ("DRBA"). Key amendments include...
Yulchon LLC
"Workout" in Korea is generally accepted as an out-of-court corporate restructuring process aimed at speedy business normalization of financially distressed companies...
Yulchon LLC
The once great shipping giant, Hanjin Shipping Co., Ltd. is now facing liquidation. The appraised liquidation value is 19 trillion won.
Clyde & Co
Following recent developments, in Seoul at 1900hrs on 1st September 2016, Hanjin obtained a rehabilitation order protecting its assets from creditors.
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Yulchon LLC
Seoul Bankruptcy Court will be established and replace the Bankruptcy Division of the Seoul Central District Court as of March 1, 2017.
Yulchon LLC
On 19 May 2016, the National Assembly passed the bill to amend the Debtor Rehabilitation and Bankruptcy Act ("DRBA"). Key amendments include...
Yulchon LLC
Hanjin Shipping Co., Ltd. ("Hanjin"), South Korea's largest shipping operator, has applied for rehabilitation proceedings with the Seoul Central District Court (the "Court") on August 31, 2016.
Yulchon LLC
"Workout" in Korea is generally accepted as an out-of-court corporate restructuring process aimed at speedy business normalization of financially distressed companies...
Yulchon LLC
The once great shipping giant, Hanjin Shipping Co., Ltd. is now facing liquidation. The appraised liquidation value is 19 trillion won.
Yulchon LLC
Seoul Central District Court terminated the rehabilitation proceedings of Hanjin Shipping yesterday on February 2, 2017 following public announcements by Hanjin Shipping . . .
Yulchon LLC
The going concern value and the liquidation value to be stated on the inspection report will serve as a decisive factor in evaluating whether rehabilitation proceedings of Hanjin Shipping may continue.
Yulchon LLC
Please be advised that the initial rehabilitation schedule has been postponed as described above, and it is necessary for the interested parties to exercise their rights within the amended due dates set forth above.
Yulchon LLC
On September 12, 2016, the Bankruptcy Division of the Seoul Central District Court in charge of the rehabilitation proceedings of Hanjin Shipping Co., Ltd. amended the initial schedule of the rehabilitation proceedings as follows:
Clyde & Co
Following recent developments, in Seoul at 1900hrs on 1st September 2016, Hanjin obtained a rehabilitation order protecting its assets from creditors.
Yulchon LLC
Seoul Central District Court, or the Korean bankruptcy court handling rehabilitation proceedings of Hanjin Shipping Co., Ltd. (Hanjin Shipping) recently took several noteworthy measures.
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