The first creditors' meeting of the bankruptcy liquidation case of Shandong Bogda Real Estate Co., Ltd. undertaken by Zhongcheng Qingtai (Jinan) Law Firm was successfully held


Published:

2021-04-26

Shandong Bogda Real Estate Co., Ltd., undertaken by Zhongcheng Qingtai (Jinan) Law Firm The first creditors' meeting of the bankruptcy liquidation case was successfully held.

At 9 a.m. on July 13, 2018, the first creditors' meeting in the bankruptcy liquidation case of Shandong Bogda Real Estate Co., Ltd. was successfully held under the auspices of the People's Court of Lixia District, Jinan City. The exchange hosted the meeting as the bankruptcy administrator. The successful convening of this meeting is to promote the transformation of new and old kinetic energy in Shandong, to help the restructuring of troubled enterprises and zombie enterprises to clear the next city.


 

At the meeting, the bankruptcy collegiate panel of the Lixia District People's Court of Jinan City read out the acceptance ruling, the decision to appoint the administrator, and read out the rights and obligations of the creditors' meeting. As the bankruptcy administrator, the exchange reported the "phased work report on the performance of duties by the administrator", reported the phased work after the administrator took over the debtor, read out the "report on submitting to the creditors' meeting to verify the creditor's rights" and announced the results of the examination of the creditor's rights. Reports were made on the "property management and price change plan", the "administrator's remuneration plan" and the "recommendation letter of candidates for members of the creditor committee. According to the administrator's recommend, the bankruptcy collegiate panel of the People's Court of Lixia District of Jinan City announced the appointment of Jinan Xinda Real Estate Development and Construction Corporation as the chairman of the creditors' meeting. The bankruptcy panel and the administrator responded to the creditors' questions at the meeting.


 

On April 11, 2018, 54 people including Wang Naihua were unable to pay off due debts due to insufficient funds and unrealizable property of Shandong Bogda Real Estate Co., Ltd., and the whereabouts of the legal representative were unknown and obviously lacked solvency. The People's Court filed an application for bankruptcy liquidation of Shandong Bogda Real Estate Co., Ltd. The People's Court of Lixia District of Jinan City issued (2018) Lu 0102 Pushen No. 1 Civil Ruling on April 22, 2018, ruling to accept the bankruptcy liquidation of Shandong Bogda Real Estate Co., Ltd., and issued (2018) Lu 0102 Pushen No. 1-1 decision on April 23, 2018, appointing Shandong Zhongcheng Qingtai (Jinan) Law Firm as the administrator. In this case, the number of creditor's rights of the house buyers is large, there are two sales of one house, the company has been closed for a long time, the implementation of a large number of cases, and the complexity of creditor's rights and debts. After accepting the appointment, the manager went forward in the face of difficulties, diligently and dutifully, formed a professional group to do a good job in asset inventory, account cleaning, creditor's rights registration and examination, and regularly discussed with the bankruptcy court the difficult problems encountered in the work. maintain good communication with all kinds of creditors, which laid a good foundation for the smooth convening of this creditors' meeting.

As the first-level administrator of the "Shandong Higher People's Court Enterprise Bankruptcy Case Administrator List" and the law firm in the "Jinan Intermediate People's Court Enterprise Bankruptcy Administrator List", Li Ruzhi, Cao Xiaohe, Yao Huming, Xu Hui and Ma Shibin are listed as "individual managers". In recent years, he has accumulated rich theoretical and practical experience, experienced and trained a group of professional lawyers who are good at bankruptcy business, and successively provided legal services for the merger and reorganization of 27 companies including Qixing Group Co., Ltd., the bankruptcy and reorganization of Yangxin Eurasia Group Co., Ltd. and more than 20 affiliated companies, the bankruptcy and reorganization of five affiliated companies including Shandong Guangyuan Energy-saving Materials Co., Ltd., and the bankruptcy and reorganization of Jinan Dasheng Real Estate Co, the successful convening of the creditors' meeting is a powerful action to implement "helping the conversion of new and old kinetic energy and escorting the whole process of legal services" after the successful holding of the legal guarantee forum for the conversion of new and old kinetic energy in Shandong Province. The Institute will continue to give full play to its own advantages of professionalism, dedication, team service and standardized service, actively promote the transformation of new and old kinetic energy in Shandong Province, and make new contributions to the construction of a modern economic system.

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