Chapter 193 192 Chapter Contracting the Reservoir (Five Updates)
Chapter 193 192 Chapter Contracting the Reservoir (Five Updates)
Suming laughed, "Mr. Zhang, while I don't quite understand the law, I do know that if his company's accounts don't have enough money to compensate, then he has to either pay out of his own pocket or declare bankruptcy and then liquidate the company's assets to pay off the debt, right?"
"Yes. However, the compensation amount this time is not small. I have already checked Zhou Jin's personal accounts through connections, and there's only about a hundred thousand left. It seems now that he can only sell off the company's assets." Mr. Zhang nodded as he spoke.
That's why you must find a capable lawyer. A lawyer can quickly obtain a court order to investigate the defendant's assets at the bank. But if this lawyer doesn't have a good relationship with the court, or if the plaintiff applies for the investigation order themselves, the process can be very troublesome.
Zhang Siming used to be a presiding judge in one of the courts of the intermediate people's court; he had managed to get this done even before Suming had brought it up.
"So then, the only option left is to declare bankruptcy and auction off the company's assets to settle the debt, or rather, not to auction, but to use those assets after a discount as compensation to us, right?" Suming said.
"That's possible," Zhang Siming shrugged, "but personally, I don't recommend you take those assets. I've looked into his assets, a self-built villa, three cars, and two rather old small yachts. These won't be of much help to your business, and you won't make much money even at a discounted price. I suggest you go for cash."
Suming smiled slightly, "Mr. Zhang, you left out one item."
"What?" Zhang Siming was slightly startled; as a professional lawyer, he had estimated property values more than just once or twice—how could he possibly make a mistake on such a matter?
"The contracting rights to Huating Reservoir!"
Suming spoke slowly, "I've checked, and he has contracted Huating Reservoir with more than half a year left on the contract, and he has already paid the contracting fee. Calculated against the cost of the reservoir's contract, it should roughly cover my losses."
Zhang Siming slapped his forehead, "I get your point now; you want to take this opportunity to seize the contracting rights to the reservoir."
Suming shrugged, "Yes, as you've seen, I'm also in the aquaculture business—and Huating Reservoir is a juicy piece of meat!"
"In theory, it's feasible, but there isn't just one plaintiff this time; there are more. What if they also want it?"
"Promising!" Three words immediately sprang to his mind, and his expression warmed significantly as he said, "Mr. Su, don't worry, I'll take care of this matter for you. If your company needs any legal assistance in the future, you can come directly to me, and I will do my utmost."
Speaking of the company, Suming gave a wry smile, "I haven't even established a company yet."
A twitch showed at the corner of Zhang Siming's mouth, "You're running a business of millions in scale without establishing a company? Aren't you scared the government will come after you? Personally, I advise that you establish the company as soon as possible, or there might be some procedural issues in taking over the reservoir."
Suming had been thinking along the same lines, so they instantly struck a deal. Zhang Siming was tasked with handling the company registration and would later serve as the company's legal advisor.
However, Suming was at a loss when it came to naming; after much thought, he could only come up with a name that sounded utterly ordinary: Taoyuan Fisheries Company.
After leaving the courthouse, Suming returned to the Zoo Listening Wind Waterside Pavilion and powered on a laptop that wasn't connected to the internet. After entering his password, he carefully tallied up all the income and expenses he had recorded over the period, ensuring a smooth acquisition of the reservoir.
Even for him, theoretically, it would be quite difficult to take over Huating Reservoir. He needed to prepare for investing in the winery while also considering next year's breeding at Shuijun Lake, which created a tight financial situation. And with the New Year approaching, he planned to take a sum of money home.
But plans can't keep up with changes. With such a great opportunity presenting itself, Suming couldn't let it pass by! From the day he subdued the bald man and learned about Zhou Jin's scheme, he had made up his mind: no matter how difficult, he had to take control of Huating Reservoir!
If he missed this opportunity, securing the reservoir later might cost him several times the price.
Yet, he possessed advantages that others did not have. First, his fish grew quickly. As long as he secured the reservoir, by the end of next year, when the fish in the reservoir hit the market, there would be a significant return of funds, and the rent for the reservoir wouldn't pose any pressure. Second, he could use the underwater passage to transfer some of the fish from Huating Reservoir, which meant extra earnings for this year.
Er Gouzi had returned from Hundred Flowers Valley and was now sitting quietly at the window.
After undergoing reorganization in the back mountain, Er Gouzi—perhaps due to a 'reward' from the two Queen Bees—had a darker pattern on his body. It was like ink, deep and pitch-black.
After Suming finished with the accounts, he looked up and snapped his fingers at Er Gouzi, "Off you go to work. Be careful not to get discovered!"
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