Most Popular

1
IMF lowers Korea's 2025 growth outlook to 2%
2
Labor Ministry dismisses Hanni harassment case
3
Reality show 'I Live Alone' disciplined for 'glorifying' alcohol consumption
4
North Korean troops fighting alongside Russia, NIS confirms
5
Now is no time to add pressure on businesses: top executives

6
Japan to hold 1st memorial for Korean forced labor victims at Sado mine
7
[Herald Interview] How Gopizza got big in India
8
CJ CheilJedang to spur overseas growth with new Hungary, US plants
9
Yoon focuses on expanding global solidarity against NK-Russia military ties at APEC, G20 summits
10
[KH Explains] Dissecting Hyundai Motor's lobbying in US

NewsletterSubscribe

Start your day with a roundup of key stories from The Korea Herald with news and comment on all that’s happening in Korea.

STX Offshore seeks bankruptcy protection in US

By 최희석

Published : Oct. 21, 2016 - 11:39

- Link copied

[THE INVESTOR] STX Offshore and Shipbuilding has filed for bankruptcy protection in the US, the Wall Street Journal reported on Oct. 20.

According to the report, STX Offshore filed for bankruptcy protection saying that it would sustain unrecoverable damage should creditors seize its assets.

The report also said that the bankruptcy court granted a temporary restraining order to prevent STX Offshore’s creditors from seizing assets.

By Choi He-suk (cheesuk@heraldcorp.com)

STX Offshore seeks bankruptcy protection in US

More from Headlines