Top law firms are already working on various aspects of Evergrande’s debt crisis. And the long list of antsy creditors will need to move quickly in order to secure proper legal representation before preferred advisers are conflicted out.
September 28, 2021 at 03:24 PM
5 minute read
Asia Editor
Top global law firms are already involved in the debt crisis surrounding China Evergrande Group, the real estate company whose unwieldy debt has prompted concern around the globe about China’s financial system.
King & Wood Mallesons has been appointed by the Chinese government to investigate the financial indebtedness of the company, according to a Bloomberg report. Kirkland & Ellis has been engaged to represent a group of bondholders to advise it on the potential restructuring of Evergrande.
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China Evergrande Group. Credit: hxdbzxy/Shutterstock.com
