Chapter 837
"Mr. Peng, what's the current status of the project?" Wang Chuan asked.

"When I came here, there were some changes in the project. It is said that people from Wanyuan Real Estate Development Co., Ltd., one of the top [-] real estate companies in China, have already started to approach Zhao Hualong, the major shareholder of Hualong Real Estate Company. They may acquire Hualong Company." Mr. Peng said.

"Actually, it doesn't matter if you buy it. Whoever buys it pays for the project. If you run away, you can't run away from the temple! The principal and interest of the loan from Peng's head office can also be recovered. Very good!" Manager Zhao said.

Anyway, he is affiliated with the construction, and has no other thoughts. If he is allowed to do it, he will pay according to the contract and continue to work. Just lose money.

But Xiao Peng and Wang Chuan don't think so.

Mr. Xiao Peng hopes to make this project more beautiful so that his uncle (Mr. Peng of Huatian Financial Holdings) will take a high look at him and further delegate power.

Wang Chuan also wants to participate in this project. At that time, the legal fees for litigation and later operation of the project will not be small, so he hopes that this project can be acquired by Huatian Financial Holdings.

"Well, what Manager Zhao said makes sense." President Xiao Peng agreed, but did not express his intention to acquire the project.

Wang Chuan saw that Mr. Peng deliberately hid the acquisition of the project from Manager Zhao, so he naturally wouldn't talk too much. Huang Baolin felt that it was better for him to keep his mouth shut when the two bosses didn't talk about it.

"Wanyuan Real Estate Development Co., Ltd. has a lot of money. If they want to acquire this project, it may not be difficult! But it is said that the major shareholder agrees, and the two small shareholders seem to be reluctant." Mr. Peng said.

"Hi! It's easy to understand. Wanyuan Real Estate Development Co., Ltd. didn't want to give so much cash, and privately promised the major shareholder that in addition to giving some cash, they would also give him a few houses at the cost price of [-] square meters. There are shops and houses.

However, minority shareholders do not have this discount. They feel that their shares are sold at a loss, so naturally they do not agree to sign the transfer of shares.So I don't think this acquisition can be finished in a while.Anyway, I have already sued, and if I don’t pay, the project will be sealed, and the wages of migrant workers cannot be owed. " Manager Zhao said.

"Old Zhao, how did you know about this?" President Xiao Peng appeared calm on the surface, but he was relieved in his heart. It seems that there is still a chance for the acquisition of the project. .

"The last time I went to ask for the project payment and treated the major shareholder to dinner, my driver chatted with the driver of the major shareholder." Manager Zhao said proudly.

The four of them chatted in Lao Niu's teahouse for over an hour but nothing came out. Manager Zhao suddenly answered the phone and said that something happened on the construction site, so he left first.

The three of them left the teahouse at noon, and Wang Chuan treated them to a roast duck restaurant.After entering the private room, the three of them ate and chatted.

"Mr. Peng, as far as I know, the current real estate development companies have a high debt ratio. Although they look good on the surface, they are actually full of debts and life is difficult.

Once banks or financial institutions stop lending, no matter how powerful real estate companies are, they will have to get down. Real estate is a capital-intensive industry, and nothing can be done without money.

Although the Wanyuan Real Estate Development Co., Ltd. you mentioned is one of the top 120 companies in China, that happened last year. Now their capital chain is also tight, and the debt ratio reported on the Internet is as high as [-]%.

Their projects have all been changed to a contract system. Whoever is in charge of the project will raise funds. The headquarters only provides guarantees, and the others are not responsible.It is said that several projects of their company have begun to pay attention to private lending, and the interest rate is scary! "Huang Baolin said.

He is a member of the construction industry. He has certificates for first construction and second construction. He knows a lot of people in the construction industry and is well-informed.

"According to the current indications, Wanyuan Real Estate Development Co., Ltd. may be really short of funds, otherwise it would not be possible to pay the consideration in cash and in kind for the acquisition of such a small project.

If this is the case, we might as well put pressure on the company to force them to pay back the money as soon as possible. It is best to collect the bank's creditor's rights and directly file a lawsuit to preserve the land and construction in progress. "Wang Chuan said.

"Well, if the other party has no money to repay the debt and auction the land, there will definitely be many competitors who want to take the land! At that time, the land may not be in our hands!" Mr. Peng said.

"During the litigation process, we will continue to talk to shareholders about the acquisition, but this matter cannot be rushed!
Taking a step back, if the other party really does not sell the equity, we will not lose money if the other party really does not sell the equity, and the land auction is enforced. The interest on the entrusted loan is not low!
Even if there is a balance in the land auction, it will definitely not be higher than the amount we paid for the acquisition of the project. I believe that the other party is a smart person and will not make trouble with money.

In this way, Wanyuan Real Estate Development Co., Ltd. can also be forced to pay real money to repay the debt. With such a large sum of money all at once, coupled with the disturbance of small shareholders, it is estimated that they will quit after a long time.

In short, let's not be afraid of Hualong Company's beating. If it hurts, the other party will not sit down at the negotiating table and talk to us honestly. "Wang Chuan said.

"What if Wanyuan Real Estate Development Co., Ltd. has money to repay the debt?" Mr. Peng asked.

"I don't know if they have money, but if they ask you to talk about the debt, you just have to refuse, ask for the debt to be due early as agreed in the agreement, and ask them to repay the debt immediately.

If the bank's creditor's rights can also be collected and demanded for repayment at the same time, the financial pressure on the other party will definitely be greater.A debt of several hundred million yuan cannot be settled immediately by any company. "Wang Chuan laughed.

"Okay, it's up to people to plan things, but it's up to God to make things happen! Then take a gamble. I'll entrust the case to you first, and you arrange a lawyer to prepare for the prosecution. By the way, how do you charge the lawyer's fee? I'll go back and report to Mr. Peng." Mr. Peng said.

"The entrusted loan case of your company is relatively simple and does not involve construction projects, and the other party has indeed breached the contract and has not paid interest for several months. The prepayment clause has been triggered, so it is not a big problem.

The subject matter of this case is 400 million yuan. According to the normal fee, the first trial will cost about 200 million yuan, and the second trial fee will not be less than [-] million yuan. In addition to the enforcement fee, it will definitely not be lower.

Your company is our legal counsel unit, and the case is relatively simple, so you can charge 500 million yuan for the legal fee.What do you think if we act as legal counsel for this project and the fee can be negotiated? "Wang Chuan said.

Considering that he will help Mr. Peng manage the whole project in the future, he did not ask for legal fees according to the normal standard.

"Okay, I'll go back and report to you.

By the way, about the bank's debt, you can help me see if I can find a relationship, I won't let you work in vain! "Xiao Peng said.

"After the successful acquisition of the project, will the construction party still use the current construction team?" Wang Chuan asked.

"I haven't thought about it yet. The cost of the construction team is a bit high, and I don't rule out switching to another one. Just pay him the bill. Attorney Wang, what do you think?" Mr. Peng said.

(End of this chapter)

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