Seeking a global freezing order
Les Ambassadeurs Club in London has failed in its court appeal to get a global freezing order put in place on the assets of a Chinese businessman in an attempt to recover over 10m ($13.7m) in gambling debt.
Yu Songbo is a real estate developer from Zhoushan in eastern China. At one point, he was reportedly among the richest 150 people in the country. He has been a member of Les Ambassadeurs since 2014; his family was worth 1bn ($1.37bn) at the time of joining.
had spent about 19m ($26m) on gaming chips at the casino
The exclusive casino in Park Lane has attempted to get a worldwide freezing order on Yus assets. He had spent about 19m ($26m) on gaming chips at the casino over the course of five days in 2…
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