Evergrande Liquidators Seek Review of PwC HK’s $128 Million Deal

China Evergrande’s liquidators are seeking a judicial review of a HK$1 billion ($127.6 million) shareholder compensation deal reached by a regulator with PricewaterhouseCoopers’ Hong Kong affiliate. The dispute adds another legal and restructuring complication to Evergrande’s liquidation process and increases uncertainty around creditor recoveries and related claims.

Analysis

China Evergrande’s liquidators are seeking a judicial review of a HK$1 billion ($127.6 million) shareholder compensation deal reached by a regulator with PricewaterhouseCoopers’ Hong Kong affiliate. The dispute adds another legal and restructuring complication to Evergrande’s liquidation process and increases uncertainty around creditor recoveries and related claims.