{"id":124014,"date":"2021-12-29T21:00:30","date_gmt":"2021-12-29T14:00:30","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-centaline-property-agency-plans-further-legal-action-against-embattled-developers-hong-kong-subsidiary-to-recoup-unpaid-commission\/"},"modified":"2021-12-29T22:03:34","modified_gmt":"2021-12-29T15:03:34","slug":"evergrande-crisis-centaline-property-agency-plans-further-legal-action-against-embattled-developers-hong-kong-subsidiary-to-recoup-unpaid-commission","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-centaline-property-agency-plans-further-legal-action-against-embattled-developers-hong-kong-subsidiary-to-recoup-unpaid-commission\/","title":{"rendered":"Evergrande Crisis: Centaline Property Agency plans further legal action against embattled developer\u2019s Hong Kong subsidiary to recoup \u2018unpaid commission\u2019"},"content":{"rendered":"


\nHong Kong\u2019s biggest property sales agency plans to take further legal action against a subsidiary of China Evergrande Group to recoup \u201cunpaid commission\u201d from the troubled developer.Centaline Property Agency said it will apply through the courts to chase HK$113 million (US$14.5 million) it claims it is owed by Evergrande\u2019s Hong Kong unit.The fees applied to 520 units of the Emerald Bay residential project in Tuen Mun accrued by more than 560 agents, Centaline said in an emailed statement on\u2026
\n
\nSource : South China Morning Post
\nRead more…Evergrande Crisis: Centaline Property Agency plans further legal action against embattled developer\u2019s Hong Kong subsidiary to recoup \u2018unpaid commission\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hong Kong\u2019s biggest property sales agency plans to take further legal action against a subsidiary...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-124014","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-wge","jetpack-related-posts":[{"id":122381,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-infects-hong-kong-market-as-midland-centaline-property-agencies-seek-to-recover-sales-commissions\/","url_meta":{"origin":124014,"position":0},"title":"Evergrande: crisis infects Hong Kong market as Midland, Centaline property agencies seek to recover sales commissions","date":"October 5, 2021","format":false,"excerpt":"\r China Evergrande\u2019s debt crisis is starting to infect Hong Kong\u2019s property market as a local real estate agency group sued to recover overdue commissions from two housing projects in the city. Another group is also considering a similar action.Midland Realty International and Hong Kong Property Services (Agency) are claiming\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123088,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-hong-kong-agencies-to-withdraw-proceedings-against-vertex-project-after-new-owner-promises-to-clear-dues\/","url_meta":{"origin":124014,"position":1},"title":"Evergrande crisis: Hong Kong agencies to withdraw proceedings against Vertex project after new owner promises to clear dues","date":"November 8, 2021","format":false,"excerpt":"\r Some of Hong Kong\u2019s biggest property agencies were on Monday either considering or working to halt legal proceedings initiated to recover commission fees for The Vertex development after its new owner pledged that it would pay these down.The residential project in Cheung Sha Wan has been developed by the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122343,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-property-management-arms-shares-suspended-from-trading-in-hong-kong\/","url_meta":{"origin":124014,"position":2},"title":"Evergrande, property management arm\u2019s shares suspended from trading in Hong Kong","date":"October 4, 2021","format":false,"excerpt":"\r China Evergrande Group, the world\u2019s most indebted property developer, and its property management arm had their shares suspended from trading on Monday morning in Hong Kong.It was not immediately clear why the embattled developer\u2019s shares were suspended.A regulatory filing with the Hong Kong stock exchange only said that the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-crisis-embattled-developer-could-face-liquidation-as-creditor-files-winding-up-petition-in-hong-kong\/","url_meta":{"origin":124014,"position":3},"title":"Evergrande crisis: embattled developer could face liquidation as creditor files winding-up petition in Hong Kong","date":"June 28, 2022","format":false,"excerpt":"\r The embattled developer received a winding-up petition from a creditor reportedly owned by a member of Hong Kong\u2019s leadership election committee, for failing to pay US$109.91 million.\r \r Source : South China Morning Post\r Read more...Evergrande crisis: embattled developer could face liquidation as creditor files winding-up petition in Hong\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hopson-says-it-considers-agreement-to-buy-evergrande-unit-to-be-legally-binding-despite-cancellation\/","url_meta":{"origin":124014,"position":4},"title":"Hopson says it considers agreement to buy Evergrande unit to be \u2018legally binding\u2019 despite cancellation","date":"October 22, 2021","format":false,"excerpt":"\r China Evergrande rival Hopson Development Holdings Limited, which had sought to buy half of the embattled developer\u2019s property management unit, still considers the purchase agreement \u201clegally binding\u201d despite Evergrande rescinding the sale on October 12, according to a company filing with the Hong Kong stock exchange.\u201cHaving sought legal advice,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-has-not-engaged-with-offshore-bondholders-since-payments-miss-holders-advisers-say\/","url_meta":{"origin":124014,"position":5},"title":"Evergrande has not engaged with offshore bondholders since payments miss, holders\u2019 advisers say","date":"October 8, 2021","format":false,"excerpt":"\r A group of China Evergrande Group\u2019s offshore bondholders said the property developer had not engaged with them since missing interest payments on two dollar-denominated bonds in September, and that they were concerned about potential asset flows to other creditors.The first public comments from offshore bondholders about the missed payments\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124014"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=124014"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}