Tabacalera S.L.U. Turns to Pre-Insolvency Amid Chen Zhi Drama

A court in Saint Lucia is overseeing the liquidation of Chen Zhi’s assets, one of which is the holding company tied to nearly 30 percent of Habanos S.A. Meanwhile, Tabacalera S.L.U. has asked a Spanish court to enter a rather unique bankruptcy proceeding, one that it says isn’t because of a lack of money.

The post Tabacalera S.L.U. Turns to Pre-Insolvency Amid Chen Zhi Drama appeared first on halfwheel.