Evergrande Founder Gets Life Sentence as Court Accepts Mainland Liquidation
Real Estate

Evergrande Founder Gets Life Sentence as Court Accepts Mainland Liquidation

A Guangzhou court has accepted liquidation of Evergrande's mainland property unit as founder Hui Ka Yan begins a life se...

Cormac Doyle 👁 51 💬 0
Egypt’s FRA Extends Liquidation of Damanhour Carpet Workers’ Insurance Fund by One Year
Insurance

Egypt’s FRA Extends Liquidation of Damanhour Carpet Workers’ Insurance Fund by One Year

Egypt’s financial regulator gave the fund’s liquidation committee another year from 23 July 2026 — or until completion —...

Tamar Rosen 👁 50 💬 0
Brazil Central Bank Liquidates Simpala Finance Company and Consórcio Administrator
Companies

Brazil Central Bank Liquidates Simpala Finance Company and Consórcio Administrator

Deposits at Simpala S.A. Crédito, Financiamento e Investimento are covered by Brazil's FGC within limits, but consortium...

Declan Byrne 👁 51 💬 0
Simpala Liquidation: FGC Tells 21,000 Creditors How to Claim Up to R$250,000
Personal Finance

Simpala Liquidation: FGC Tells 21,000 Creditors How to Claim Up to R$250,000

The FGC says reimbursements have not begun after the Central Bank liquidated Simpala Financeira, and creditors should co...

Shira Katz 👁 45 💬 0