Evergrande liquidation risk rises after creditor meeting scrapped

NEW YORK – China Evergrande Group is running out of time to get what would be one of the nation’s biggest-ever restructurings back on track, after setbacks in recent days that raise the risk of liquidation.

 The string of surprise developments include scrapping key creditor meetings at the last minute, saying it must revisit its restructuring plan, detention of money management unit staff and an inability to meet regulator qualifications to issue new bonds. That last item is a major setback to its planned restructuring of at least $30 billion of offshore debt…