A lawyer for Hanjin Shipping warned a US-bound vessel - Hanjin Jungil - had been held "hostage" by disputes over payments. A Hanjin Shipping Co ship is seen stranded outside the Port of Long Beach, California, September 8, 2016. Among those affected are the cargos of consumer products maker, Dorel Industries, and musical instrument maker, Yamaha, which said they had been forced to make additional payments to get their cargo or to retrieve it elsewhere: "This could destroy American businesses," warned Alan Brody, a lawyer for Yamaha Corp of America. Fittingly, reports suggest that lawyers will be the clear winners from the crisis, with law firms across the world either fighting to protect or arrest Hanjin assets. The US has already imposed sanctions on several Chinese companies accused of violating trade sanctions.
A lawyer for Hanjin Shipping warned a US-bound vessel - Hanjin Jungil - had been held "hostage" by disputes over payments. Among those affected are the cargos of consumer products maker, Dorel Industries, and musical instrument maker, Yamaha, which said they had been forced to make additional payments to get their cargo or to retrieve it elsewhere: "This could destroy American businesses," warned Alan Brody, a lawyer for Yamaha Corp of America. Fittingly, reports suggest that lawyers will be the clear winners from the crisis, with law firms across the world either fighting to protect or arrest Hanjin assets. The US has already imposed sanctions on several Chinese companies accused of violating trade sanctions.