Real Estate
The Battle for Scraps of Collapsed Developer China Evergrande Is Intensifying
- Oaktree seeks edge through having separate liquidators in BVI
- Liquidators ask for guidance on Committee of Inspection
Most of Evergrande’s assets in mainland China remain difficult to reach even for the court-appointed liquidators.
Photographer: Qilai Shen/BloombergThis article is for subscribers only.
A year after China Evergrande Group was ordered into liquidation by a Hong Kong court, creditors have yet to pocket a penny from the process.
But behind the scenes, the battle for scraps from one of the world’s biggest corporate implosions is intensifying.