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court receivership

The Seoul Bankruptcy Court decided on Monday to early finalize the receivership process of South Korea’s STX Offshore & Shipbuilding. According to the latest decision from the bankruptcy court, STX has made considerable...

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The financially troubled Hanjin Shipping has succumbed to the prolonged depression in the shipping market as the South Korean carrier decided to file for court receivership. Following the company’s move, Korean Financial...

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