My Beloved Fool - Chap 80

Chapter 80: The never ending bad things

It was more than nine o’clock in the morning. Jian Sui Ying was sitting in his office when the phone rang.

The clerk sent by him to handle the transfer procedure called him in a very anxious tone, saying that the land had been seized by the court just yesterday afternoon.

Jian Sui Ying suddenly lost his calm and asked in succession which court had seized him and what was the matter.

But this clerk knows nothing more than that to tell him, except that it was seized by the local county court in Sichuan.

No one would dare to transfer the land seized by the court. Sui Ying’s heart was filled with a very bad presentiment that things were going smoothly and unexpectedly extraneous.

When he hung up, he telephoned Mr. Yang, the company that sold him the land. The woman’s boss was very confused. She had not even received a notice from the court.

They made an appointment and went to the relevant departments to find out about the situation.

At this time, Jian Sui Ying was still calm, after all, life is a process of constantly emerging contradictions and resolving contradictions.

It took most of the day to get in touch with the court and the company that applied for the seizure of the land before and after getting a general idea of the situation.

The whole thing is full of very complicated debt relations. The company that sold the land to him is the company which owned the land and had gone through restructuring of three state-owned enterprises. One of them has gone bankrupt and defaulted on debt. After restructuring company, most of the bad debt is bundled and sold with the company. After 13 years of operation, most of the debt problems caused by the liquidation and sale of the bad debt will be attached to the non-liquidated owned things. It’s all settled. After three generations of leadership, the current managers are basically not clear about the debt problem of that year. The profits and losses of state-owned enterprises do not involve personal interests and don’t surface until the end, and there is no recourse, so the managers do not know that there is still a small amount of creditor’s rights outside.

This creditor has the right, together with several bad creditor’s rights in that year, the company was packaged with land and sold to an asset company. After several transfers, it landed in the hands of a Sichuan company.

Think that time is too long apart, Sichuan this company, although they were holding the creditor’s rights, but they could not find the asset clue, and the creditor’s rights company of that year, also no longer existed, even the legal person does not know where to find the creditors, so no one has come to recover the debt for more than ten years.

To everyone’s surprise, before Jian Sui Ying succeeded in transferring the land asset value from the land to the company’s account, creditor’s rights companies and legal persons sprang up like bamboo shoots after a spring rain, and seized it with the people of Sichuan Court at one fell swoop. This posture is clearly shown that they were ready for him to do that.

According to Yang’s general explanation and attitude, Jian Sui Ying believes that she really did not know about it, rather than intentionally digging the pit to let him jump in it. After all, the land itself is clear, it has no problem, but belongs to the company’s assets, and when creditor companies find realizable assets, any assets can be matched by them. Will be sealed up by legal procedure.

The two men spent an afternoon discussing countermeasures against the hard-to-find information.

The total value of debts owed in the past nine years is more than 100 million yuan. With so many years of interest, the other side has to offer less than 4.5 billion yuan to free the land and their company assets.

Although Mr. Yang has shown his carelessness and anxiety, Jian Sui Ying knows that when the contract is signed, the money went into other people’s pockets and it’s harder to get it back than climbing to the sky.

Everyone knows that he shouldn’t pay the money, but the selling company must negotiate with the creditor company in many ways. It is inevitable to have lawsuits, negotiations and repayment of debts. The formalities of state-owned enterprises are particularly complicated. This delay will lasts for one and a half years. It is very likely that even because of the age of the issue, the difficulty of obtaining evidence, it will take longer. Maybe it can be solved in the end, but it will delay Jian Sui Ying. If he fails to transfer the account according to the plan, the bank will reassess his project and refuse to lend him the money because his asset value will be lower as to compare when he thought he had the land. He need an investment in the company’s funds, but the follow-up funds can’t come in. Once the capital chain is broken, his trouble will be great.

Realizing the seriousness of the matter, Jian Sui Ying felt his head swell for a moment. In the course of a project, there will always be various difficulties and obstacles. It is almost impossible to make money without setbacks, but there is such psychological pressure from that setback.

First, the investment is too large. Second, however he goes to think about it, the seriousness of the matter will not be lighter than he thought.

Sichuan is obviously a company that has found clues to assets for a long time, but when they heard that they are negotiating business, it will stay put, because if the Sichuan company goes to collect debts, the selling company will surely be procrastinating to sell the land, and private enterprises will fight lawsuits with state-owned enterprises, which won’t be too much of a pleasure. But after signing the contract with Jian Sui Ying, the pressure facing the state-owned enterprise is shared on both sides, and it has to be solved more actively. In the chaos, it is better to take the opportunity to raise the price. In other words, Jian Sui Ying will do the same

What he can hope for now is that the three parties can negotiate and reconcile without going to court. If there is no reconciliation, the last way for Jian Sui Ying to go is to sue the state-owned enterprise and recover the land money he has paid. This is just a way to hurt the people and money. He will have to spend at least ten million dollars on it and offend many people. If the lawsuit lasts for a long time, his loss will be incalculable.

Jian Sui Ying had the feeling that the house leak happened when it was rain overnight.

He thought that he was disappointed in love and that he will to be proud of everything he had done to recover, but he didn’t think he had a big fall.

He and Mr. Yang have already made an appointment with the Sichuan Company to meet the next day, hoping that tomorrow’s consultation will enable him to see a turning point.

He concealed the matter. There were enough worries in front of him. He couldn’t let the other directors know for the time being.

The next day he went alone with Mr. Yang and they made an appointment with each other in a hotel lobby cafe.

Only two people came to the other side. Both sides came straight to the point and said all the questions. Finally, the lion opened his mouth and offered 830 million damages even with interest.

At that time, Jian Sui Ying and Mr. Yang’s face changed, especially a woman called Yang, whose mood fluctuated a little more, she said with a dry smile, “Oh, what’s the calculation?”

The other party seems to be waiting for this sentence, they kept listing a lot of expenses. The other side caught Yang and they were afraid that Jian Sui Ying would turn his face with her, while Jian Sui Ying was eager to transfer his account and demanded a lot of money.

This afternoon tea was quite unpleasant. Four people broke up in disagreement. They could only continue to negotiate. If the road of negotiation was not clear, they had to go through legal procedures.

Because of this, Jian Sui Ying didn’t sleep well for several nights. Who didn’t want to win a good prize when he left the old year and welcomed the New Year? He really didn’t expect to receive such a “New Year’s gift”.

After all these years of doing business, he has made both profits and losses. He can’t finish talking about the big and small storms, he faced overnight, but this is undoubtedly the most serious one.

This made him feel a sense of frustration, not only because of the obstruction in the business, but also because of the helplessness and frustration of the time that has come to bother him one after another.

To put it plainly, he had not recited so much in his life. Everything went wrong. He had the idea that someone is settling the score with him.

Over the next few days, he frequently met with Yang to discuss countermeasures, and tried to find a relationship with the company in Sichuan to see if there was any way to go. In a word, he tried all the strategies he could think of, but things became more and more worrying to him.

After a week of failing to make a successful transfer, he could hardly hide it. He had to prepare for the challenge from the board of directors.

At that moment, he received a telephone call from a person in charge of the Sichuan Company who met him. He asked him to meet alone in the hotel. He specifically said that he would not ask Mr. Yang to come alone.

At that time, he thought that the side contact might have played a role in these days. He had already shown his intention to bypass Yang to talk to Jian alone without the selling company, but the other side had not made any comments. Today, he finally gave him a reply. He thinks it’s a good thing. As long as he can keep his capital, he doesn’t care how things end.

Then he never imagined that when he entered the box, he would see his brother sitting on the sofa, drinking tea in his suit and shoes, and standing at the window with his back to his face was Li Yu, who he could no longer understand what was going on, at the moment he entered the door.