11 hours ago
China South City Creditors Mull Seeking Earlier Wind-Up Hearing
A group of bondholders of defaulted developer China South City Holdings Ltd. is considering to ask the court to move up the date of a wind-up hearing, now scheduled for August.
China South City sent a restructuring proposal to the noteholders on June 25, but the creditors have not gotten on board, according to people familiar with the matter.
