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Shanghai businessman Richard Yan declared bankrupt after New Zealand no-show

Shanghai businessman Richard Yan declared bankrupt after New Zealand no-show
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Hong kongYan ciliangAndrew mckay

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

Liquidators of collapsed Auckland-based construction company Mainzeal are pursuing Shanghai businessman Richard Yan for over US$60 million that he owes to the company’s creditors, in a case that has implications for Chinese developers operating in New Zealand.

Hong kongNew zealandYan ciliangPeter gommDame jenny shipleyClive tilbyDing haifengChan laiwaRichard yanSupreme courtShundi groupShundi customsShanghai based shundi groupBank of new zealand