[HONG KONG] China Evergrande Group chairman Hui Ka Yan plans to refuse disclosing details of his assets, its liquidators said, likely complicating efforts to wind up the defaulted builder to pay back creditors.
Hui expressed his intention in an Apr 23 response to the court, a lawyer representing the liquidators said in a Tuesday (Apr 29) hearing at the Hong Kong High Court. Hui’s lawyer, who was at the hearing, did not push back on the liquidator’s statement.
While the liquidators argued for the earliest date possible for the hearing to resume, Hui’s lawyer asked the court for more time given that the case is “complex” and “sensitive”. The judge said the hearing on Hui’s case will not be held before Jun 30.
Tuesday’s…