Grassroots lawyers also have spring

Chapter 186 Tsu City Project
"Director Zhao, you are really serious. I said that Director Liu was here, so I changed into a formal attire. How embarrassing this is!" Mr. You blamed with a smile.

"Mr. You, we don't pay attention to this. You can come here to support us." Director Liu said and turned to look at the man in his 50s: "Director Zhao, let's talk inside!"

Director Zhao on the side smiled and welcomed everyone into the factory.

"Mr. You, I think you have brought people here too. How about this? Let me introduce to you the investment promotion policy in our district, and let Director Zhao's deputy connect with your people and walk around the factory. Feel free to mention any material, if the factory can't handle it, we will coordinate it.

We have already prepared the hotel, don't leave at night, I will invite you the leaders of the city, if you have any requirements, just ask. Director Liu laughed.

Good guy, the local investment promotion office is enough to pay for it. Look at this, Mr. You doesn't invest some money in the local area, and wants to go back--difficult!

Mr. You looked at Mu Huaijin calmly: "Lawyer Mu, if you have any questions, if you want to know more, just ask. I'll talk to Director Liu."

Mu Huaijin nodded, took Wang Chuan and followed Director Zhao to the next room.There was a man in his forties who was writing something in the room, when Director Zhao came in and stood up.

"Lawyer Mu, this is Deputy Director Li of our factory. Just ask him if you have anything to do." After finishing speaking, Director Zhao looked at Deputy Director Li: "Old Li, these two are the lawyers of the investor. You connect."

Director Zhao was "concerned" about Director Liu and Mr. You, and after making arrangements, he left Mu Huaijin and the two and walked out quickly.

Deputy Factory Manager Li is not tall, but looks very shrewd. He talks like Factory Manager Zhao, and he is very funny.

"Both, let me take you around first, you also have an intuitive feeling. Let's talk while walking." Deputy Director Li got up as he spoke, and took Mu Huaijin and the two out of the office building.

The factory is about the size of a football field and a half. Several workshops are made of red bricks, with cement boards on the roof and many ivy on the walls, which looks very old.

"Director Li, what did our factory do before?" Wang Chuan asked as he walked.

"We are a machining factory here. The factory was established in [-]. At that time, our factory was really prosperous for a while, and many parts on the aircraft were processed by our factory.

Later, due to insufficient funds, it was impossible to introduce new equipment, and many technical backbones in the factory quit. The processing accuracy did not meet customer requirements, and the business declined seriously. In recent years, there has been no work in the factory, and most of the employees have been on long vacations. , This is basically the situation in the factory. "Director Li said.

"How many employees are there in the factory now, including those on long vacation?" Mu Huaijin asked.

"Now...not too many, about [-] people, I have to ask the accountant for the exact number. The factory now gives them a long vacation, and only pays a few hundred yuan per person for living expenses every month." Director Li said.

"Does our factory have any loans?" Mu Huaijin asked.

"There was a loan seven or eight years ago. At that time, the factory was still in normal production. The bank asked us to mortgage the land and real estate, and gave us a loan of 200 million.

Later, we paid back more than 50 yuan one after another, and then the factory was out of business, and the bank sued for repayment.We sold some of the equipment for scrap iron and paid back more than 200 yuan. Now the loan principal and interest should be nearly [-] million yuan.

The leaders of the district and the city helped coordinate the auction of the real estate for the time being, and now the bank has transferred the creditor's rights to Cinda Assets.They have issued a creditor's rights assignment document to the factory. "Director Li said.

"Are there any other debts in the factory?" Wang Chuan asked.

"Other debts... are the wages owed to employees, social security and taxes, and the money owed to suppliers has almost been repaid. In fact, several companies came to the factory to check it a few years ago, but they didn't believe it afterwards." Li said the factory manager.

At around six o'clock in the afternoon, Mu Huaijin and Wang Chuan walked into Mr. You's office in the China World Trade Center office building.

Mr. You asked while making tea: "Lawyer Mu, how do you feel?"

"I learned that the factory has stopped production now, and there are more than 50 employees, most of whom are on long vacations. The land and real estate are mortgaged, and the principal and interest of the bank loan is nearly 200 million, but it is said that the creditor's rights have been transferred to Cinda.

The factory is a municipal state-owned enterprise, and the sale needs the approval of the State-owned Assets Supervision and Administration Commission. It needs to go through procedures, and it is difficult to control the time.The land in the factory is allocated land, and land transfer fees must be paid in order to obtain the right to use the land.

If you intend to acquire the factory, the details will be determined after legal and financial due diligence! "Mu Huaijin said.

"Well, Director Liu also told me today that the district and the city are now engaging in investment promotion, and they can give us a lot of preferential policies.

If we acquire this factory, we can use it as a benchmark enterprise and handle special matters in the approval process to speed up the approval process.

I feel that the location of the factory we are looking at today is quite good, and the area is large enough. It is normal to have debts. I can accept 200 million. "Mr. You said.

"There are so many loans, as well as taxes, wages owed to employees, and social security expenses. It's hard to say how much." Mu Huaijin said.

"During this time, I have also traveled a lot and looked at a lot of plots and abandoned factories. The location of the factory I saw today is not bad, and it is close to the imperial capital. Let's do it. Let's do our due diligence first and see the results.

Lawyer Mu, for financial due diligence, I will send the company's financial personnel to enter the venue, and I will leave the legal aspects to you.What do you think about the attorney fees? "Mr. You looked at Mu Huaijin.

"This trip will take at least three days. If the materials provided by the company are slow, it may take more than a week. We will send two lawyers to do the due diligence. The lawyer's fee is 10 yuan! Look..." Mu Huaijin said.

"No problem, take the contract and stamp it tomorrow. I will communicate with Director Zhao and Director Liu in a while, and try to enter the site the day after tomorrow to conduct due diligence!" Mr. You asked.

"Okay. I'll make arrangements for these two days." Mu Huaijin said.

Early the next morning, Mu Huaijin called Wang Chuan into the office.

"Wang Chuan, do you have any court case these two days?" Mu Huaijin asked.

"Recently, the courts of several cases have been concluded, and the trial will be held until No. 20. There should be nothing before No. 20." Wang Chuan thought for a while.

"Okay, you can go to Mr. You for this project. There is also a lawyer, Gu Qinglin, who will come over in a while. Lawyer Gu does both non-litigation and litigation. You just follow him to learn." Mu Huaijin said.

"Is Lawyer Gu a lawyer in our firm?" Wang Chuan asked.

"He is applying for the Sanqing certificate, and he is going to transfer to our firm. I have already talked with him, and he will be a partner when he comes over." Mu Huaijin smiled.

In the afternoon, Attorney Gu came to the law firm and held an internal meeting with Mu Huaijin and Wang Chuan. The project team was dominated by Attorney Gu, and Wang Chuan helped him.

(End of this chapter)