Evergrande liquidators recover US$435m in asset sales
China Evergrande Group's liquidators have recovered US$435.9 million from asset sales and loan recoveries so far, highlighting the challenge of repaying creditors with claims of about US$46 billion against the developer. In their second progress report since a Hong Kong court ordered Evergrande's liquidation in January 2024, the liquidators, Edward Middleton and Tiffany Wong of Alvarez & Marsal,…
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