Samsun Logix has become the fourth shipping company to seek parallel bankruptcy protection in New York.
Samsun Logix has become the fourth shipping company to seek parallel bankruptcy protection in New York, after being granted similar protection by Seoul"s central district court.
In its press release Samsun told: "Samsun has been adversely affected by several compounding difficultues, o address these difficulties in orderly and organised manner and move success, Samsun has on February 6, 2009, filed with the Seoul Central District Court a petition for rehabilitiation program.
Though Samsun is having hard time, they never have any doubt about successful rehabilitation soon as they are based on very sound firm business foothold. To that end, Samsun invites all of their customers and friends full cooperation and support again. Samsun again assures you of their best service ever."