Zhongzhi Enterprise Group's Bankruptcy and Its Complex Affiliations
Zhongzhi Enterprise Group is undergoing bankruptcy proceedings with a Beijing court. The firm's bankruptcy administrator highlighted its 'complex affiliations' with 247 other firms, leading to an application for substantial consolidation and liquidation of Zhongzhi and its affiliates.
![Zhongzhi Enterprise Group's Bankruptcy and Its Complex Affiliations](https://devdiscourse.blob.core.windows.net/aiimagegallery/28_06_2024_11_08_43_1728602.png)
China's Zhongzhi Enterprise Group: * BANKRUPTCY ADMINISTRATOR SAYS FIRM HAS 'COMPLEX AFFILIATIONS' WITH OTHER 247 FIRMS
* BANKRUPTCY ADMINISTRATOR SUBMITTED AN APPLICATION TO A BEIJING COURT FOR SUBSTANTIAL CONSOLIDATION AND BANKRUPTCY LIQUIDATION OF ZHONGZHI AND 247 AFFILIATED FIRMS Source text
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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