No rehabilitation for Hanjin?



On 13th December 2016, Samil PriceWaterhouseCoopers (Samil PWC) submitted to the Seoul Central District Court an inspection report putting Hanjin’s appraised going concern value at only 80 billion won and expressing the view that Hanjin has very little going concern value. It is likely that by the end of February the rehabilitation process will come to an end and Hanjin will be declared bankrupt.