Evergrande Winding-Up Case Put Off as Restructuring Plan Awaited

A lawsuit in Hong Kong seeking to wind up distressed developer China Evergrande Group was pushed back to November, as the clock ticks for the property giant at the center of the nation’s widening real estate debt crisis to present a restructuring plan.

The judge at the Hong Kong High Court decided at a Monday hearing to adjourn proceedings until Nov. 7 so that the company can formulate a restructuring plan.

That marks another key date after Evergrande failed to deliver a ‘preliminary restructuring plan’ for its offshore debt that it had promised by the end of July, and said ...