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3Novices:Firms suing Chinese fugitive Guo Wengui rush to claim his luxury New York apartment before sale

Companies suing China’s fugitive tycoon Guo Wengui in US courts are racing to claim Guo’s luxury apartment on Manhattan’s Fifth Avenue before the property is sold.
While pricey by most standards, the penthouse’s US$78 million price tag represents only one twentieth of the claims piling up against Guo in New York state courts, and legal documents suggest plaintiffs won’t get much more out of the tycoon even if the courts rule in their favour.
“Kwok’s…
July 12, 2017 at 05:25AM http://ift.tt/2sO2Vik
#3Novices #News #OnlineMedia #China 3Novices China

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