The city has spent just over $5.5 million for attorneys, consultants and city staff, with the majority of the funds going to third-party law firms, according to the most recent city-provided figures.
(Bloomberg) Major Chinese developer Country Garden Holdings Co. must repay $2.9 billion in bond debt for the rest of the year, adding to strains just as a cash crunch and a market rout fuel concerns about its ability to avoid a first-ever default.Most Read from BloombergAsia’s Richest Families Fuel Race for Lucrative Finance JobsUS, Europe Are Growing Alarmed by China’s Rush Into Legacy ChipsLots of US Homeowners Want to Move. They Just Have Nowhere to GoCharles Koch-Tied Group Seeks to Block
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