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Condo developer Japan General Estate files for court protection

Condo developer Japan General Estate files for court protection

TOKYO, Japan - Makoto Nishimaru (2nd from R), president of condominium developer Japan General Estate Co., and other company executives bow in apology during a press conference in Tokyo on Feb. 5 after the company effectively went bankrupt with liabilities of about 197.55 billion yen.

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Condo developer Japan General Estate files for court protection

Condo developer Japan General Estate files for court protection

TOKYO, Japan - Makoto Nishimaru (2nd from R), president of condominium developer Japan General Estate Co., and other company executives bow in apology during a press conference in Tokyo on Feb. 5 after the company effectively went bankrupt with liabilities of about 197.55 billion yen. (Kyodo)

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