Archive for January, 2012
Closure Of More Than 40 North American Toy Giant Hong Kong Business Group Alliance Debt Collection
North American toy manufacturers KBToys chain filed for bankruptcy protection in December last year that estimated more than 100 suppliers and 100,000 Hong Kong workers affected, who are owed huge amounts of money; which affected more than 40 Hong Kong businessmen to form the “Li & Fung victims grand coalition, “Li & Fung Group, to recover as the agent defaulted loans.