China: Creditors sued Evergrande: 1.5 trillion yen overdue
–Accepted 367 civil proceedings-
December 16, 2021
China Evergrande:
Chinese creditors have filed a lawsuit against the company, claiming a delinquency worth 84 billion yuan (1.5 trillion yen).
British Financial Times (FT):
The official record was quoted and reported. It was
A Chinese court said it had accepted the proceedings.
Accept civil proceedings against China Evergrande.
Number of civil lawsuits:
367 cases between August 24th and December 9th,
It is seeking a total payment of 84 billion yuan.
Bloomberg
https://www.bloomberg.co.jp/news/articles/2021-12-16/R476EMDWX2PU01
Creditors Sue for Claims Topping $13 Billion: Evergrande
Chinese creditors have sued China Evergrande Group for more than $13 billion in allegedly overdue payments,
according to a report.
the Financial Times reported,
citing official records.A Chinese court assigned to handle civil lawsuits against
Evergrande accepted 367 cases, with claims totaling 84 billion yuan ($13.2 billion),
The cases were accepted between late August and earlier this month,
the report said
— in the period after financial regulators told the developer to resolve its debt problems and up to Fitch Ratings’ downgrade of the developer to ‘restricted default’ last week.
Evergrande creditors sue for claims topping 84 billion yuan, Companies & Markets – THE BUSINESS TIMES