Will Evergrande be granted Chapter 15 protection in NYC?
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China Evergrande Group is withdrawing its applications for Chapter 15 offshore debt restructuring filed in the U.S.
https://twitter.com/WSJ/status/1772143241585909913
https://www.theage.com.au/business/banking-and-finance/money-chase-the-demise-of-china-evergrande-puts-beijing-in-an-awkward-position-20240130-p5f0z5.html
Hong Kong’s High Court finally, after the best part of two years of continuously adjourned hearings, ordered the wind-up of the group notorious for being the world’s most indebted property company, appointing provisional liquidators to begin dissolving the sprawling group after it failed, again, to come up with a restructuring plan.
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