Dynamic. The first creditors' meeting of the bankruptcy reorganization case of Shandong Quanrun Paper Co., Ltd. was successfully held.
Published:
2022-09-27
On September 24, 2022, under the auspices of the People's Court of Heze Economic Development Zone, the first creditors' meeting of the bankruptcy reorganization case of Shandong Quanrun Paper Co., Ltd. was successfully held. The meeting was held in the form of live webcast through the national enterprise bankruptcy reorganization case information network. This meeting adopted a combination of online and offline voting methods, and the voting items were passed with a high vote rate, and the agenda of the meeting was successfully completed. Shandong Quanrun Paper Co., Ltd. was unable to pay off its due debts and obviously lacked solvency. The People's Court of Heze Economic Development Zone accepted the reorganization application of Shandong Quanrun Paper Co., Ltd. on June 28, 2022, and appointed Shandong Quanrun Paper Co., Ltd. The bankruptcy reorganization liquidation team of the company served as the manager of Shandong Quanrun Paper Co., Ltd., and Zhongcheng Qingtai (Jinan) Law Firm was a member of the liquidation team. In order to prevent and control the new crown epidemic and improve the efficiency of the meeting, the People's Court of Heze Economic Development Zone decided to hold the first creditors' meeting by means of an online meeting upon the application of the administrator. At the meeting, the manager made the "Phased Work Report on the Execution of Duties", "Report on the Request to the Creditors' Meeting to Verify Creditor's Rights", "Report on the Property Management Plan of Shandong Quanrun Paper Co., Ltd.", "Manager's Remuneration Plan" Wait. After the vote of all the creditors with voting rights, the voting motion was passed with a high vote of 96.59 per cent and 82.21 per cent, the agenda was successfully completed, and the bankruptcy reorganization work was carried out in an orderly manner. After accepting the appointment as a member of the liquidation team in this case, Zhongcheng Qingtai (Jinan) Law Firm has always adhered to the working principle of "legal, standardized, efficient, and fair", and completed various tasks diligently and dutifully: received and reviewed all declared claims in accordance with the law; Carefully and comprehensively investigated all the debtor's property, carried out proper management, and promoted other tasks in accordance with the plan and requirements. The working methods and attitudes of Zhongcheng Qingtai lawyers with diligence, loyalty, and active communication have won unanimous praise from the people's courts and creditors. Zhongcheng Qingtai (Jinan) Law Firm Introduction to the Insolvency Legal Affairs Team As a provincial-level bankruptcy administrator, Zhongcheng Qingtai Jinan Institute has accumulated rich theoretical and practical experience in bankruptcy business in recent years, and the bankruptcy cases it undertakes have been highly appraised and recognized by relevant courts, competent authorities, creditors and so on. it has made positive efforts for Shandong Province to implement the new concept of development, promote the transformation of new and old kinetic energy in Shandong Province, and promote high-quality economic development. Zhongcheng Qingtai Jinan Institute will continue to give full play to its service advantages of specialization, teamwork and standardization, actively undertake important and difficult bankruptcy cases in Shandong Province, focus on the center, serve the overall situation, and have the courage to take responsibility, so as to contribute to the construction of a high-quality modern economic system. Representative Performance: The case of merger and reorganization of 27 companies including Qixing Group Co., Ltd. Yangxin Eurasia Group Co., Ltd. and other 23 companies merger and reorganization case. Shandong Shengda Coating Materials Co., Ltd. and other five companies merger and reorganization case. Shandong University of Science and Technology Dingxin Electronic Technology Co., Ltd. and other four companies merged and reorganized. Twelve companies including Baoshida International Holding Group Co., Ltd. merged and reorganized. Juye County Jinxu Real Estate Development Co., Ltd. bankruptcy reorganization case. Shandong Zhonghong Real Estate Limited Bankruptcy Liquidation Case Case of Bankruptcy Liquidation of Jinan Casting and Forging Machinery Research Institute Co., Ltd. Shandong Bogda Real Estate Co., Ltd. bankruptcy liquidation case. Jinan Shanghe County Weaving Factory Bankruptcy Liquidation Case Jinan Sunshine Real Estate Co., Ltd. bankruptcy liquidation case. Jinan Sanchuan Eco-tourism Development Co., Ltd. Bankruptcy Liquidation Case Shandong Huicheng Chemical Co., Ltd. Bankruptcy Liquidation Case Bankruptcy Liquidation Case of Shandong Timber Group Corporation Bankruptcy and Liquidation Case of Shandong Production Material Corporation Jinan Fudi Wood Co., Ltd. Bankruptcy Settlement
On September 24, 2022, under the auspices of the People's Court of Heze Economic Development Zone, the first creditors' meeting of the bankruptcy reorganization case of Shandong Quanrun Paper Co., Ltd. was successfully held. The meeting was held in the form of live webcast through the national enterprise bankruptcy reorganization case information network. This meeting adopted a combination of online and offline voting methods, and the voting items were passed with a high vote rate, and the agenda of the meeting was successfully completed.
Shandong Quanrun Paper Co., Ltd. was unable to pay off its due debts and obviously lacked solvency. The People's Court of Heze Economic Development Zone accepted the reorganization application of Shandong Quanrun Paper Co., Ltd. on June 28, 2022, and appointed Shandong Quanrun Paper Co., Ltd. The bankruptcy reorganization liquidation team of the company served as the manager of Shandong Quanrun Paper Co., Ltd., and Zhongcheng Qingtai (Jinan) Law Firm was a member of the liquidation team.
In order to prevent and control the new crown epidemic and improve the efficiency of the meeting, the People's Court of Heze Economic Development Zone decided to hold the first creditors' meeting by means of an online meeting upon the application of the administrator. At the meeting, the manager made the "Phased Work Report on the Execution of Duties", "Report on the Request to the Creditors' Meeting to Verify Creditor's Rights", "Report on the Property Management Plan of Shandong Quanrun Paper Co., Ltd.", "Manager's Remuneration Plan" Wait. After the vote of all the creditors with voting rights, the voting motion was passed with a high vote of 96.59 per cent and 82.21 per cent, the agenda was successfully completed, and the bankruptcy reorganization work was carried out in an orderly manner.
After accepting the appointment as a member of the liquidation team in this case, Zhongcheng Qingtai (Jinan) Law Firm has always adhered to the working principle of "legal, standardized, efficient, and fair", and completed various tasks diligently and dutifully: received and reviewed all declared claims in accordance with the law; Carefully and comprehensively investigated all the debtor's property, carried out proper management, and promoted other tasks in accordance with the plan and requirements. The working methods and attitudes of Zhongcheng Qingtai lawyers with diligence, loyalty, and active communication have won unanimous praise from the people's courts and creditors.
Zhongcheng Qingtai (Jinan) Law Firm
Introduction to the Insolvency Legal Affairs Team
As a provincial-level bankruptcy administrator, Zhongcheng Qingtai Jinan Institute has accumulated rich theoretical and practical experience in bankruptcy business in recent years, and the bankruptcy cases it undertakes have been highly appraised and recognized by relevant courts, competent authorities, creditors and so on. it has made positive efforts for Shandong Province to implement the new concept of development, promote the transformation of new and old kinetic energy in Shandong Province, and promote high-quality economic development. Zhongcheng Qingtai Jinan Institute will continue to give full play to its service advantages of specialization, teamwork and standardization, actively undertake important and difficult bankruptcy cases in Shandong Province, focus on the center, serve the overall situation, and have the courage to take responsibility, so as to contribute to the construction of a high-quality modern economic system.
Representative Performance:
The case of merger and reorganization of 27 companies including Qixing Group Co., Ltd.
Yangxin Eurasia Group Co., Ltd. and other 23 companies merger and reorganization case.
Shandong Shengda Coating Materials Co., Ltd. and other five companies merger and reorganization case.
Shandong University of Science and Technology Dingxin Electronic Technology Co., Ltd. and other four companies merged and reorganized.
Twelve companies including Baoshida International Holding Group Co., Ltd. merged and reorganized.
Juye County Jinxu Real Estate Development Co., Ltd. bankruptcy reorganization case.
Shandong Zhonghong Real Estate Limited Bankruptcy Liquidation Case
Case of Bankruptcy Liquidation of Jinan Casting and Forging Machinery Research Institute Co., Ltd.
Shandong Bogda Real Estate Co., Ltd. bankruptcy liquidation case.
Jinan Shanghe County Weaving Factory Bankruptcy Liquidation Case
Jinan Sunshine Real Estate Co., Ltd. bankruptcy liquidation case.
Jinan Sanchuan Eco-tourism Development Co., Ltd. Bankruptcy Liquidation Case
Shandong Huicheng Chemical Co., Ltd. Bankruptcy Liquidation Case
Bankruptcy Liquidation Case of Shandong Timber Group Corporation
Bankruptcy and Liquidation Case of Shandong Production Material Corporation
Jinan Fudi Wood Co., Ltd. Bankruptcy Settlement
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