Court places Hanjin on receivership
By HENRY EMPEÑO | OLONGAPO CITY — Debt-ridden Hanjin Heavy Industries & Construction Philippines (HHIC-Phil) has been placed in a receivership by the Olongapo City Regional Trial Court (RTC) to start a court-supervised rehabilitation program for the ailing Subic Bay Freeport-based shipbuilder. The South Korean company filed a petition before the court on Tuesday last… Read More Court places Hanjin on receivership
