Letzte Aktualisierung: March 28, 2022

'Evergrande's creditors will lose money'

Elske Fehl-Weileder is an expert in Chinese bankruptcy law.
Despite abundant evidence of Evergrande's bankruptcy, a formal filing for bankruptcy remains nowhere in sight. A rescue plan is to be presented by mid-year. The creditors' bankruptcy petitions were apparently unsuccessful. Speaking with Christian Domke Seidel, lawyer Elske Fehl-Weileder explains the underlying reasons.
Share trading was suspended and the annual financial statement was postponed. At subsidiaries, fixed amounts worth billions disappear and assets are frozen. Time and again, the group misses interest and loan repayments. In Germany, the managers of the Evergrande Group would probably have long since been charged with bankruptcy fraud for such tactics. In China, however, things are different. Here, companies have plenty of options to delay the inevitable. In an interview with China.Table, Elske Fehl-Weileder provides insight into business law of the People's Republic. Fehl-Weileder works in the International Insolvency Administration at Schultze & Braun and is an expert on Chinese bankruptcy law. She explains why there has not yet been a successful bankruptcy petition filed by international creditors against the Evergrande Group.
Testimonial Random Image
Please use HAN to get access to this article.
Secure your information advantage

Exclusive, highly topical and expert information for your industry: In our Professional Briefings, our more than 60 specialized journalists report from Berlin, Brussels and Beijing.

  • All issues by e-mail
  • Access to the web portal and the archive
  • For the decisive minds from politics, business and science

No payment data. No automatic renewal.

Select Professional Briefings

*free of charge even after the trial period has expired

Das Late-Night-Memo für die Hauptstadt: Exclusive Meldungen + Pressebriefing

Jeden Morgen die 100 relevantesten Schlagzeilen aus über 1.000 Quellen

Das Leitmedium für die deutschsprachige China-Berichterstattung

Europäische Regulierungen, EU-Energie- und Klimaschutzpolitik, Industriestrategie und Finanzpolitik

Das unabhängige Briefing für Bildungs-Politik, -Strategie und -Forschung

Klimapolitik anderer Staaten und der Europäischen Union, sowie die ganze Breite der internationalen Klimadebatte

Sicherheitslage und -strategie, Verteidigungspolitik und Beschaffung von Militärtechnologie

Für zukunftsfähiges Wirtschaften: Nachhaltigkeitspolitik und Transformationsstrategien

Wissenschaftspolitik, Forschungsstrategie, Innovationsmanagement und Research Funding

Wirtschaftliche Trends, deutsche und internationale Afrika-Politik und Investitionschancen

Regulierung im Agrar- und Lebensmittelsektor auf nationaler und europäischer Ebene

With a focus on the German government and EU Commission, global corporations and medium-sized companies

European regulation, EU climate and environmental policy and innovation to trade and finance

Information during the global hot season - with in-depth analyses on all aspects of the global transformation

How may we address you?

Your registration was successful.

Welcome to Table.Media.
You will receive an email with a confirmation link.
Please click on this link to complete your registration.

You have not received an email?

  • Please check your spam folder.
  • Maybe you have registered with a different email address?
  • Please check if you have misspelled your email address.