Reported 7 months ago
Lawyers appointed by the liquidators of China Evergrande Group are probing for potential claims against service providers including former auditor PricewaterhouseCoopers (PwC) in an effort to recoup losses for creditors. Karas So, a Hong Kong-based law firm, is working with the court-appointedliquidators to investigate Evergrande's insolvency and the roles of various service providers in its financial decline. The investigation could potentially lead to legal claims against PwC and other entities, setting a precedent for future corporate liquidation processes in China.
Source: YAHOO