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China property giant Country Garden hit with liquidation petition - Vimarsana News

China property giant Country Garden hit with liquidation petition

China's biggest private property developer Country Garden is facing a liquidation petition, which has been filed in Hong Kong by a creditor.

Country Garden: China property giant faces liquidation petition - Vimarsana News

Country Garden: China property giant faces liquidation petition

The firm, which defaulted on its overseas debt in October, says it will "resolutely oppose" the petition.

Source: yahoo.com
Lawsuit brought by China Evergrande founder's ex-wife against son for unpaid loan may be attempt to protect assets: analysts - Vimarsana News

Lawsuit brought by China Evergrande founder's ex-wife against son for unpaid loan may be attempt to protect assets: analysts

Family members of Hui Ka-yan may be scrambling to move their money around to prevent it from being confiscated, a month after the property giant was ordered to wind up, according to analysts.

Source: scmp.com
Immigration to New Zealand: Migrant staff shocked following Buildhub liquidation - Vimarsana News

Immigration to New Zealand: Migrant staff shocked following Buildhub liquidation

More than two dozen migrant workers at labour hire company, Buildhub, who used their life savings to move to New Zealand say their future is in limbo after...

Buildhub liquidation: 145 South American immigrants laid off, liabilities $2.2m - Vimarsana News

Buildhub liquidation: 145 South American immigrants laid off, liabilities $2.2m

Around 145 staff who immigrated from South America have been fired or made redundant from labour recruiter Buildhub , the first liquidators’ report said....