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Published on 2/16/2024 in the Prospect News Distressed Debt Daily.

E-House’s Chapter 15 recognition hearing scheduled for March 13

By Sarah Lizee

Olympia, Wash., Feb. 16 – E-House (China) Enterprise Holdings Ltd. had the hearing on U.S. recognition of its updated schemes of arrangement scheduled for March 13, according to an order filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

As a reminder, the company filed new petitions in the Cayman Islands and Hong Kong after the restructuring effective date under its 2022 scheme failed to occur by the longstop date and new restructuring terms were later reached.

The company had said in August that it would file a new Chapter 15 petition with respect to the new Cayman proceeding and seek to close the prior case.

Shanghai-based E-House mainly offers real estate agency services in the primary market, real estate data and consulting services and real estate brokerage network services. The new Chapter 15 case number is 24-10234.


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