Forever 21 blames bankruptcy on de minimis exemption
Forever 21, the US clothing retailer, has gone down shouting: it has squarely blamed its ...
The latest news on the Hanjin bankruptcy from South Korea’s Yonhap News Agency, which claims that of the line’s 97 vessels, just 36 are sailing as per usual, with the remaining 61 anchored at sea or arrested in ports. As a result, the SK government has sought three ports worldwide that have offered the company stay orders against arrest requests from creditors, which means ports can begin unloading the estimated 540,000 teu worldwide that is trapped on Hanjin’s vessels, while ...
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