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Faegre Drinker Advises Philly Shipyard Through $100M Sale to Hanwha
June 28, 2024
MINNEAPOLIS, Minnesota, June 28 -- Faegre Drinker, a law firm, issued the following news release:

A Faegre Drinker team led by corporate partner Elizabeth Lange advised client Philly Shipyard, Inc. ("Philly Shipyard") in a $100 million sale to South Korean conglomerate Hanwha.

Last week, Philly Shipyard announced its sale to Hanwha Systems and Hanwha Ocean, two Hanwha subsidiaries, making Hanwha the first Korean shipbuilder to begin operations in the U.S. The . . .

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