Lance Jiang News Today

HONG KONG (Reuters) -A group of offshore creditors of China South City is set to file a lawsuit against the debt-laden developer's biggest state-owned shareholder for dues, four sources said, in what would be the first such case in the crisis-hit property sector. China South City earlier this month missed a principal payment of $11.25 million on a dollar bond due on Feb. 9, and is deemed by creditors to be in default on offshore debts worth $1.3 billion, two bondholder sources said. The g...

A group of offshore creditors of China South City are set to file a lawsuit against the debt-laden developers biggest state-owned shareholder for dues, four sources said, in what would be the first...

Any liquidation of property giant Evergrande hinges on Chinese authorities recognising the ruling of a Hong Kong court, in a decision that could also effect the citys standing as a global...

Any liquidation of troubled property giant Evergrande depends on Chinese authorities' recognition of the Hong Kong court's ruling, in a decision...

Liquidation will be a test case of legal reach of Hong Kong courts in China

China Evergrande Group received a liquidation order from a Hong Kong court, setting off what's likely to be a daunting process to carve up one of the biggest victims of a years-long and nationwide property debt crisis.

International investors will be closely watching if the liquidators have any power over the enforcement of assets in China of the troubled property group.

Evergrande’s collapse is the largest in a crisis that has dragged down China’s economic growth and led to defaults by developers. Read on.

Evergrande’s collapse is the largest in a crisis that has dragged down China’s economic growth and led to defaults by developers. Read on.

UK-headquartered law firm Ashurst has hired four partners in Singapore and Seoul. Jean-Louis Neves Mandelli and Scott Baggett (Singapore), and Anna Chung (Seoul) join from Shearman & Sterling, while Lawrence Jhe (also Seoul) joins from Kim, Chang & Lee.