News / APL Logistics says sorry and settles with K Line in 'bankruptcy emails' lawsuit 

Debivort

K Line has reached an “amicable settlement” with APL Logistics following the claim that APL employees had given customers false information over K Line’s financial health.

K Line filed a lawsuit at the Tokyo District Court in December 2016, demanding damages for emails that had claimed that K line was in danger of going bankrupt.

The emails were sent shortly after Hanjin went bankrupt and the market was reeling from the impact – and concerned about the possible failure of another carrier.

K ...