{"id":124409,"date":"2022-01-30T22:06:11","date_gmt":"2022-01-30T15:06:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-seeks-legal-recourse-after-creditor-oaktree-seized-indebted-developers-versailles-like-project-in-yuen-long\/"},"modified":"2022-01-30T23:02:52","modified_gmt":"2022-01-30T16:02:52","slug":"china-evergrande-seeks-legal-recourse-after-creditor-oaktree-seized-indebted-developers-versailles-like-project-in-yuen-long","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-seeks-legal-recourse-after-creditor-oaktree-seized-indebted-developers-versailles-like-project-in-yuen-long\/","title":{"rendered":"China Evergrande seeks legal recourse after creditor Oaktree seized indebted developer\u2019s Versailles-like project in Yuen Long"},"content":{"rendered":"


\nChina Evergrande Group\u2019s Palace of Versailles-like project in Yuen Long \u2013 used as a collateral to restructure part of the company\u2019s massive debt \u2013 was recently seized by creditor Oaktree Capital, which has appointed receivers for the asset.The Shenzhen-based developer, which is saddled with US$310 billion in total liabilities, said it \u201cis seeking legal advice to protect the legal rights of the company\u201d, according to a filing to the Hong Kong stock exchange published on Sunday. It said Oaktree\u2026
\n
\nSource : South China Morning Post
\nRead more…China Evergrande seeks legal recourse after creditor Oaktree seized indebted developer\u2019s Versailles-like project in Yuen Long<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

China Evergrande Group\u2019s Palace of Versailles-like project in Yuen Long \u2013 used as a collateral...<\/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-124409","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-wmB","jetpack-related-posts":[{"id":124367,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oaktree-scuppers-evergrande-restructuring-plan-by-seizing-versailles-mansion-plot\/","url_meta":{"origin":124409,"position":0},"title":"Oaktree scuppers Evergrande restructuring plan by seizing \u2018Versailles mansion\u2019 plot","date":"January 27, 2022","format":false,"excerpt":"\r Receiver appointed to Hong Kong development that was crucial to draft $20bn bondholder deal\r \r Source : ft.com\r Read more...Oaktree scuppers Evergrande restructuring plan by seizing \u2018Versailles mansion\u2019 plot","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oaktree-risks-showdown-with-beijing-over-evergrande-debt\/","url_meta":{"origin":124409,"position":1},"title":"Oaktree risks showdown with Beijing over Evergrande debt","date":"January 28, 2022","format":false,"excerpt":"\r LA-based asset manager has a secured loan to one of ailing Chinese developer\u2019s star projects\r \r Source : ft.com\r Read more...Oaktree risks showdown with Beijing over Evergrande debt","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124393,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/oaktree-takes-control-of-sprawling-evergrande-building-project-near-shanghai\/","url_meta":{"origin":124409,"position":2},"title":"Oaktree takes control of sprawling Evergrande building project near Shanghai","date":"January 28, 2022","format":false,"excerpt":"\r Loan default gives US distressed debt specialist ownership of one of the developer\u2019s most-prized assets\r \r Source : ft.com\r Read more...Oaktree takes control of sprawling Evergrande building project near Shanghai","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131397,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-receivers-sell-plot-with-planned-versailles-palace-like-villa-at-us770-million-loss\/","url_meta":{"origin":124409,"position":3},"title":"China Evergrande receivers sell plot with planned Versailles Palace-like villa at US$770 million loss","date":"November 7, 2022","format":false,"excerpt":"\r The embattled Shenzhen-based developer\u2019s the land in Yuen Long was sold by receivers for US$636.9 million, according to a filing to the Hong Kong stock exchange.\r \r Source : South China Morning Post\r Read more...China Evergrande receivers sell plot with planned Versailles Palace-like villa at US0 million loss","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133514,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-evergrande-crisis-worlds-most-indebted-developer-misses-overhaul-proposal-deadline-amid-creditor-talks\/","url_meta":{"origin":124409,"position":4},"title":"China Evergrande crisis: world\u2019s most indebted developer misses overhaul proposal deadline amid creditor talks","date":"January 1, 2023","format":false,"excerpt":"\r China Evergrande Group delayed releasing a much-anticipated restructuring plan again, missing a self-imposed deadline and disappointing creditors seeking to salvage investments.\r \r Source : South China Morning Post\r Read more...China Evergrande crisis: world\u2019s most indebted developer misses overhaul proposal deadline amid creditor talks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140545,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/evergrande-creditor-group-backs-the-chinese-developers-efforts-to-keep-onshore-unit-operational-opposes-bankruptcy-process\/","url_meta":{"origin":124409,"position":5},"title":"Evergrande creditor group backs the Chinese developer\u2019s efforts to keep onshore unit operational, opposes bankruptcy process","date":"December 1, 2023","format":false,"excerpt":"\r An ad hoc group of creditors of Evergrande\u2019s offshore unit has said it supports the management\u2019s efforts to keep the embattled Chinese developer operational, ahead of a key court decision on Monday when the distressed developer faces the risk of a liquidation order\r \r Source : South China Morning\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\/124409"}],"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=124409"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/124409\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=124409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=124409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=124409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}