News / Hanjin under fire in US court over lack of liability insurance for chassis

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Hanjin has come under fire again in a US court for failure to pay insurance premiums and “egregious” stalling tactics.

Chassis lessor Flexi-Van has urged the US bankruptcy court to cancel all Hanjin’s chassis pool user agreements in the US.

Owed $3m when Hanjin filed for bankruptcy, Flexi-Van says its main concern is in fact liability insurance.

Hanjin was insured by the TT Club for the chassis, but the policy terminated on 10 October following Hanjin’s failure to pay – thus breaching its agreement with Flexi-Van which requires ...