Wang Sicong’s Panda Entertainment debt property has been auctioned

China 12/06/21, 04:38

According to "Vista Watches the World" report on Dec. 4, Wang Sicong, the only son of China's billionaire Wang Jianlin of Dalian Wanda, has publicly auctioned the company credit assets under the name of Panda Interactive Entertainment Culture Co., Ltd. ((referred to as Panda Interactive Entertainment) on the auction platform.  The ...

Three punches delivered to China’s economy

China 10/13/21, 02:21

The spread of the COVID-19 has wreaked havoc on China’s economy, and real estate behemoth Evergrande is on the edge of bankruptcy, adding to a catastrophic power deficit across the country. The COVID-19 situation may improve more in the following months, but the other two issues will persist and are more ...

Long Island man evicted during pandemic for not paying mortgage in 23 years

New York 09/20/21, 02:55

A persistent squatter who delayed repaying his mortgage for decades is ineligible for pandemic protections, a New York court ruled on Sept. 14. Nassau County Housing Court declared Guramrit Hanspal must vacate his East Meadow property, because Chinese Communist Party (CCP) virus moratoriums do not apply to him. Since Hanspal bought the ...

Warren campaign releases bankruptcy cases she assisted in

2022 Campaign 05/22/19, 20:19

Elizabeth Warren's presidential campaign has released information on dozens of court cases in which the former law professor-turned-Democratic senator served as counsel, expert witness or mediator or otherwise assisted parties in reaching bankruptcy settlements. The Warren camp's disclosure of the cases on Wednesday goes further than a list of cases she ...

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