Evergrande wins HK$6b debt-recovery case after court rejects ‘fabricated’ claims
A Hong Kong court has ruled in favor of Evergrande in a debt-recovery case, enabling the conglomerate to recover approximately HK$6 billion (US$764.7 million) from a third party. The ruling, delivered by Judge Linda Chan in the High Court on Friday, dismissed an injunction application by Yingjia International Properties.

Briefing Summary
AI-generatedA Hong Kong court has ruled in favor of Evergrande in a debt-recovery case, enabling the conglomerate to recover approximately HK$6 billion (US$764.7 million) from a third party. The ruling, delivered by Judge Linda Chan in the High Court on Friday, dismissed an injunction application by Yingjia International Properties. Yingjia had sought to prevent offshore entity State Hero Holdings from presenting a winding-up petition against it. The judge found Yingjia's arguments against enforcing the loan to be "fabricated." The court also rejected Yingjia's attempt to obtain an interim injunction to block State Hero from filing the winding-up petition while an appeal was considered.
Article analysis
Model · rule-basedKey claims
4 extractedThe court rejected Yingjia's bid for an interim injunction to block State Hero from filing a winding-up petition pending a possible appeal.
The court dismissed an injunction application by Yingjia International Properties to restrain State Hero Holdings from presenting a winding-up petition.
The judge found the borrower's arguments against loan enforcement were 'fabricated'.
A Hong Kong court ruled in favor of Evergrande in a debt-recovery case, allowing it to recoup about HK$6 billion.