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Mainzeal

Shanghai businessman Richard Yan declared bankrupt after New Zealand liquidators fail to track him down for hearing

by Anas Siddiqui
Shanghai businessman Richard Yan declared bankrupt after New Zealand liquidators fail to track him down for hearing

The New Zealand High Court has declared Richard Yan bankrupt after the Shanghai businessman failed to come to the negotiating table in connection with more than NZ$60.9 million (US$36.6 million) …

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Shanghai businessman Richard Yan sought by New Zealand liquidators for US$60 million debt he owes to collapsed construction firm

by Anas Siddiqui
Shanghai businessman Richard Yan sought by New Zealand liquidators for US million debt he owes to collapsed construction firm

Liquidators of collapsed Auckland-based construction company Mainzeal are pursuing Shanghai businessman Richard Yan, holding him liable for more than US$60 million owed to the company’s creditors, in a case that …

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