Hanjin Creditors Blast Bid for Asset Sale Approval - McDermott Will & Emery

Hanjin Creditors Blast Bid for Asset Sale Approval

Overview


Timothy Walsh, Darren Azman and Riley Orloff represent three major container companies among the multiple creditors that objected to bankrupt Hanjin Shipping Company’s efforts to sell assets. The creditors warned that Hanjin may have failed to take proper steps to get the most value for its assets and may be able to shortchange its U.S.-based creditors through the sales process.