The insolvency of the container shipping company Hanijn freezes cargo on vessels and ports in amount of USD 14 Billions. Worldwide, all concerned parties try to defreeze their cargo and face complex legal problems.
Swiss companies must now analyse the implications of these problems in Switzerland which can be outlined as follows (see in detail Raphael Brunner, KOLT-Newsletter, in German):
In our previous article, we outlined the milestones leading up to this astonishing and unprecedented collapse that has rocked the crypto industry. Since November 11, 2022, the date on which FTX filed for Chapter 11 protection, not a week has gone by without a new twist. If you missed some of the episodes of this complicated process, here is our selection of the most interesting ones.