HONG KONG: Chinese property company Country Garden, which has defaulted on debt repayment obligations, expects to reach agreeable terms with creditors next month, the firm's lawyer told a Hong Kong court on Monday.
The court hearing, which was held to measure progress in reaching an agreement with creditors, was then adjourned until May 26 by Hong Kong judge Linda Chan after a request from Country Garden's lawyers to extend the date from May 19.
