Hanjin Group risks being drawn into the US bankruptcy proceedings of
subsidiary Hanjin Shipping.

The New York Shipping Association-International Longshoremen’s
Association Pension Trust Fund, which claims it is owed $31m in pension
benefits by the bust containerline, sought court permission on Monday
to investigate the relationship between the South Korean carrier and
its parent. The fund is looking to see whether other Hanjin affiliates
such as Korean Air could help pay the missing $31m.
“Hanjin has sought from this court the protections of the United
States bankruptcy laws,” the retirement fund said. “It should now
explain to this court why it is thumbing its nose at other laws of the
United States.”
Hanjin Shipping entered court protection at the end of last August
becoming the biggest containerline casualty in history, sending supply
chain shockwaves around the world.