Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
China Builder Logan Faces Renewed Liquidation Risk in Hearing.
Item request has been placed!
×
Item request cannot be made.
×
![loading](/sites/all/modules/hf_eds/images/loading.gif)
Processing Request
- المؤلفون: Liu, Pearl
- المصدر:
Bloomberg.com; 2/16/2024, p1-2, 2p
- الموضوع:
- معلومة اضافية
- الموضوع:
- نبذة مختصرة :
Chinese builder Logan Group Co. is facing the risk of involuntary liquidation, similar to its competitor China Evergrande Group. Logan is seeking to convince Judge Anthony Chan in a Hong Kong court hearing that its restructuring plan, which includes cash and convertible bonds, is viable and has enough creditor support. The court's recent decision to wind up Evergrande has raised questions about its enforceability in mainland China and has reminded creditors that they can find a fair judicial ear when restructuring negotiations stall. A key point of contention in the hearing will be determining the creditor formally pushing for liquidation. [Extracted from the article]
- نبذة مختصرة :
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
No Comments.