Consumer Law
Chinese Businessman Guo Wengui Files For Individual Bankruptcy Protection in U.S. Court
Chinese businessman Guo Wengui, also known as Ho Wan Kwok, filed for individual bankruptcy protection in a U.S. bankruptcy court in Bridgeport, a court filing showed.
Guo listed assets in the range of $50,001 to $100,000 in the bankruptcy filing, and liabilities between $100 million and $500 million.
Among the list of creditors who have claims against Guo, he listed Pacific Alliance Asia Opportunity fund as the one with the largest claim of about $254 million.
