Hong Kong court rejects request to use Evergrande founder funds
Hong Kong High Court rejected a lawyer’s bid to allow funds controlled by liquidators to pay HK$1.2 million in legal costs for Evergrande founder-linked proceedings.
Hong Kong's High Court on Wednesday rejected a request from the lawyer for the founder of embattled Chinese property company Evergrande to use funds controlled by liquidators to pay HK$1.2 million ($153,039) in legal costs.The liquidators, who have also been appointed by the court as receivers of f…