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Searching Content from South Korea indexed under Insolvency/Bankruptcy/Re-structuring ordered by Published Date Descending.
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Date
1
Introduction Of Seoul Bankruptcy Court
Seoul Bankruptcy Court will be established and replace the Bankruptcy Division of the Seoul Central District Court as of March 1, 2017.
South Korea
9 Mar 2017
2
Road To Wind Down Hanjin Shipping: Termination Of Rehabilitation Proceedings
Seoul Central District Court terminated the rehabilitation proceedings of Hanjin Shipping yesterday on February 2, 2017 following public announcements by Hanjin Shipping . . .
South Korea
15 Feb 2017
3
Hanjin Shipping's Rehabilitation Proceedings (Amended Claim Report Period)
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:
South Korea
24 Jan 2017
4
Delay In Timing Of Unraveling Of Hanjin Shipping's Fate
Seoul Central District Court, or the Korean bankruptcy court handling rehabilitation proceedings of Hanjin Shipping Co., Ltd. (Hanjin Shipping) recently took several noteworthy measures.
South Korea
24 Jan 2017
5
Commencement Of Hanjin Shipping's Rehabilitation Proceedings In Korea And Related Updates
On September 1, 2016, the 6th Bankruptcy Division of the Seoul Central District Court issued an order to commence the rehabilitation proceedings of Hanjin Shipping Co., Ltd.
South Korea
23 Jan 2017
6
Hanjin Shipping's Rehabilitation Proceedings (Amended Claim Report Period)
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.
South Korea
20 Jan 2017
7
The Contrasting Fate Of The Korean Shipping And Shipbuilding Companies: Hanjin Shipping, STX Offshore & Shipbuilding, And Daewoo Shipbuilding & Marine Engineering
Given the global nature of the operations by the companies, their fate will have a substantial impact on the economy globally.
South Korea
20 Jan 2017
8
Delay In Timing Of Unraveling Of Hanjin Shipping's Fate
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.
South Korea
20 Jan 2017
9
Hanjin Shipping Applies To Enter Rehabilitation Proceedings In Korea
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.
South Korea
20 Jan 2017
10
National Assembly Passes Bill To Amend The Debtor Rehabilitation And Bankruptcy Act
On 19 May 2016, the National Assembly passed the bill to amend the Debtor Rehabilitation and Bankruptcy Act ("DRBA"). Key amendments include...
South Korea
20 Jan 2017
11
Enactment Of A New 「Corporate Restructuring Promotion Act」And Its Implications
"Workout" in Korea is generally accepted as an out-of-court corporate restructuring process aimed at speedy business normalization of financially distressed companies...
South Korea
20 Jan 2017
12
Destined Demise Of Once Shipping Giant Hanjin Shipping
The once great shipping giant, Hanjin Shipping Co., Ltd. is now facing liquidation. The appraised liquidation value is 19 trillion won.
South Korea
20 Jan 2017
13
Hanjin Shipping Rehabilitation – Changes To The Rehabilitation Timetable
It has been just over two months since one of South Korea's largest shipowners and operators, Hanjin Shipping Co Ltd ("Hanjin"), applied for court rehabilitation.
South Korea
21 Nov 2016
14
Stop Press - Hanjin Obtains Rehabilitation Order
Following recent developments, in Seoul at 1900hrs on 1st September 2016, Hanjin obtained a rehabilitation order protecting its assets from creditors.
South Korea
7 Sep 2016
15
Post-M&A Disputes In Korea
Korea has seen a dramatic increase in international commercial disputes in recent years. Among these, post-M&A deal disputes have become increasingly common and acrimonious. As the authors detail below, a historically unique set of circumstances set the stage for this swift rise in international disputes in Korea.
South Korea
 
12 Nov 2006
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