Creditors Seek to Force Chinese Builder Xinyuan Into Bankruptcy

Creditors Seek to Force Chinese Builder Xinyuan Into Bankruptcy

Creditors of Chinese developer Xinyuan Real Estate Co Ltd. are seeking to force the company into bankruptcy protection in New York in order to collect on bonds that were due last year, according to a court filing.

LMR Multi-Strategy Master Fund Ltd. v. Naas Technology Inc.: Winding Up Petition (‘$36M Debt’) - OffshoreAlert

Winding Up Petition in LMR Multi-Strategy Master Fund Limited v. Naas Technology Inc., described as a NASDAQ-listed "holding company for a business headquartered in Anji, Zhejiang Province, People’s Republic of China, providing electric vehicle charging services", at the Grand Court of the Cayman Islands.