Evergrande Liquidators Demand $2 Million in Research Funding Back from Harvard
According to a report by the UK's Financial Times on October 22, the liquidators of China Evergrande sent a demand letter to Harvard University, asking for the return of $2 million from a 2020 research grant, and the two sides are in negotiations. The liquidation report disclosed that Evergrande also paid the university about $156 million in 2013 and 2016, and the liquidators said they found no clear commercial rationale for these payments.