China Evergrande seeks Chapter 15 protection in Manhattan bankruptcy court
AttackBunny @ AttackBunny @kbin.social Posts 0Comments 146Joined 2 yr. ago

AttackBunny @ AttackBunny @kbin.social
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Maybe I’m dumb, but if I go buy property in Mexico (for instance) and the government decides to take it, or I stop paying on it, or run out of money, I don’t get any protections for my money. I can’t file for bankruptcy and keep my money safe. I gambled and lost.
Why do non American companies/people have the opportunity to file for bankruptcy as protection in a country they aren’t beholden to the rules of?