[LonePalm]

Make sure the corned beef is as thin as you can slice it and cut perpendicular to the grain. I recommend chilling it and than slicing it. I don't recommend canned corned beef unless that is all you can get. Better lots of small bits rather than a few larger ones.

SpyNavy

Garde la Foi, mes amis! Nous nous sommes les sauveurs de la République! Maintenant et Toujours!
(Keep the Faith, my friends! We are the saviors of the Republic! Now and Forever!)
LonePalm, le Républicain du verre cassé (The Broken Glass Republican)

[thingumbob]

Thanks for the kitchen hack on slicing the corned beef. Will add that to my memory bank for future reference.

Again, thank you for sharing both of your recipes!

[Pete from Shawnee Mission]

L.P. Thanks for your "Broken China" posts! I hope everyone used the information to get out of any China or Asia funds that they might have had in their portfolios. (Moved my daughter out of International funds some time ago.)

Hong Kong court orders Evergrande to liquidate

"Evergrande Group, once the biggest property developer by sales, was ordered by a Hong Kong court to begin its liquidation process, which may take up to five years to complete.

The Shenzhen-based company had tried to buy time to implement its debt-restructuring plan and deliver more apartments to its customers since Top Shine Global, one of its creditors, filed an insolvency case against it in June 2022. It has successfully postponed its liquidation hearing seven times, but not any more on Monday.

Last June, the company said its liability reached 2.39 trillion yuan (US$333 billion). It proposed to sell its assets, including the controlling stake of its electric vehicle unit, but the attempt was unsuccessful.

On Monday, Hong Kong’s High Court ordered Evergrande to be wound up. Edward Middleton and Tiffany Wong of Alvarez & Marsal Asia Ltd were appointed as liquidators of the company.

“It’s time for the court to say enough is enough,” Justice Linda Chan said in the morning court session on Monday.

Evergrande chief executive Shawn Siu said the company will ensure home building projects will still be delivered despite the liquidation order.

Siu said the ruling will not affect the operations of Evergrande’s onshore and offshore units.

Derek Lai, a seasoned restructuring partner and vice chair of Deloitte China, said the number of liquidation cases in China has increased in recent years while most companies tried to delay their bankruptcy by proposing their debt-restructuring plans.

But he added that it’s not easy to implement these plans as the Chinese economy is still recovering. He said the unwinding of Evergrande will make investors lose confidence in other property developers’ restructuring plans. "