Will Evergrande be granted Chapter 15 protection in NYC?
Basic
13
Ṁ399Apr 30
23%
chance
1D
1W
1M
ALL
This question is managed and resolved by Manifold.
Get
1,000
and3.00
Sort by:
China Evergrande Group is withdrawing its applications for Chapter 15 offshore debt restructuring filed in the U.S.
https://twitter.com/WSJ/status/1772143241585909913
https://www.theage.com.au/business/banking-and-finance/money-chase-the-demise-of-china-evergrande-puts-beijing-in-an-awkward-position-20240130-p5f0z5.html
Hong Kong’s High Court finally, after the best part of two years of continuously adjourned hearings, ordered the wind-up of the group notorious for being the world’s most indebted property company, appointing provisional liquidators to begin dissolving the sprawling group after it failed, again, to come up with a restructuring plan.
Related questions
Related questions
Will Hong Kong-appointed liquidator of Evergrande be recognized by a mainland Chinese court before the end of 2025?
51% chance
Will Evergrande liquidation be completed by EoY 2025?
22% chance
Will a US city declare bankruptcy in 2024?
13% chance
Will New York City government have a 1975 style financial crisis, threat of bankruptcy, before the end of 2028?
43% chance