In the United States to file for bankruptcy protection hotly debated, Evergrande Group issued an announcement in response to
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2023-08-18 18:21:39
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Recently, according to media reports, local time 17 (Thursday), Evergrande Group to the United States Bankruptcy Court in Manhattan for creditor protection。The move is aimed at protecting its U.S. assets from creditors while restructuring deals take place elsewhere, analysts reported.。In response, China Evergrande issued a clarification announcement saying: "The Company is currently promoting overseas debt restructuring as planned.。As the Group's US dollar bonds are governed by the law of weave, the Company applies to the United States courts for recognition of the offshore debt restructuring agreement arrangements under the Hong Kong and British Virgin Islands (BVI) legal systems in accordance with Chapter 15 of Title 11 of the United States Code as part of the normal advancement of offshore restructuring proceedings and does not involve a bankruptcy petition.。"
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