According to court documents, a subsidiary of the Chinese developer Xinyuan Real Estate Co., Ltd. has applied to the Southern District Court of New York for bankruptcy protection under Chapter 11 of the US Bankruptcy Code. According to court documents dated Sunday, Hudson 888 Owner LLC has filed an application and its business is “single-asset real estate.” According to the documents, its estimated liabilities and assets are between 100 million and 500 million US dollars. According to a document on the US Securities and Exchange Commission website, Hudson 888 Owner LLC is an American subsidiary of Xinyuan Real Estate.
鑫苑置业美国附属公司申请破产保护
Xinyuan Real Estate's US subsidiary files for bankruptcy protection
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