Tag: NDTV

China’s Evergrande Group Files For Bankruptcy In US

Embattled Chinese property giant Evergrande Group filed for bankruptcy protection in the United States on Thursday, court documents showed, a measure that protects its US assets while it efforts a restructuring deal. Chapter 15 bankruptcy provides mechanisms for dealing with insolvency cases involving more than one country. Evergrande, once China’s top property developer, was found […]