Hong Kong High Court Judge Linda Chan has issued a liquidation order to China Evergrande Group, ordering the world’s most indebted property developer to be wound up.
By mid-last year, Evergrande was estimated to owe over $320 billion.
In court, Evergrande was represented by Des Veoux Chambers silk, Jose-Antonio Maurellet, SC. Advising on its restructuring is Sidley Austin.
January 29, 2024 at 03:45 AM
4 minute read
Asia Editor
Hong Kong High Court Judge Linda Chan has issued a liquidation order to China Evergrande Group, ordering the world’s most indebted property developer to be wound up.
By mid-last year, Evergrande was estimated to owe over $320 billion.
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