The ruling marks a procedural win for the liquidators, nearly two years after Evergrande’s collapse in one of the world’s biggest corporate failures. Photo by Ng Han Guan/AP Photo/Postmedia files
A Hong Kong court bolstered an injunction against the ex-wife of the founder of China Evergrande Group covering US$220 million in assets across Canada, Gibraltar, Jersey and Singapore.
The ruling gives liquidators of the troubled developer more room to recover US$6 billion owed to creditors, with Judge Russell Coleman issuing the decision in a hearing Wednesday.
It marks a procedural win for the liquidators, nearly two years after Evergrande’s collapse in one of the world’s biggest corporate failures . Efforts to recover assets and repay creditors remain slow. Liquidators have inc

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