Evergrande wins HK$6b debt-recovery case after court rejects ‘fabricated’ claims
A Hong Kong court has ruled in favour of embattled conglomerate Evergrande in a debt-recovery case, allowing it to recoup about HK$6 billion (US$764.7 million) from a third party after a judge found the borrower’s arguments against enforcement of the loan were “fabricated”. In a High Court judgment handed down on Friday and seen by the South China Morning Post, Judge Linda Chan dismissed an…
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