The first creditors' meeting of the merger and reorganization case of 12 companies including Baoshida International Holding Group Co., Ltd. was successfully held.
Published:
2021-04-20
The first creditors' meeting of the merger and reorganization case of 12 companies including Baoshida International Holding Group Co., Ltd. was successfully held.
At 9:30 on June 24, 2020, under the auspices of the Licheng District People's Court of Jinan City (hereinafter referred to as the Licheng Court), Shandong Huanzhou Law Firm and Shandong Zhongcheng Qingtai (Jinan) Law Firm served as joint managers The first creditors' meeting of 12 companies including Baoshida International Holding Group Co., Ltd. (hereinafter referred to as "Baoshida Group") was successfully held.

The meeting was held in the form of an online meeting. Representatives of administrators, audit institutions, evaluation institutions, creditors, persons in charge of the debtor's self-employment period, and employee representatives attended the meeting on site. Other creditors participated by logging into the National Enterprise Bankruptcy Reorganization Information Network. This meeting. At the meeting, Xu Hui, senior partner of Zhongcheng Qingtai Group and director of Shanghai Branch, and Sun Jialei, deputy director of Huanzhou Institute, respectively represented the managers to make "Report on submitting creditors' meeting to verify creditor's rights", "Report on submitting creditors' meeting to review managers' remuneration", "Report on managers' work in performing their duties", "Report on taking over work and property status", etc. The audit institution and the evaluation institution shall make the phased work report respectively. In the end, the creditors passed the "Property Management and Valuation Plan" and the "Proposal on the Establishment of a Creditor Committee and Rules of Procedure" by a high vote.

After the First Debt Meeting, the Manager will continue to carry out the follow-up work diligently and conscientiously, complete the review and review of creditor's rights, continue to promote litigation and collection, do a good job in investor recruitment, and promote the smooth and orderly development of the merger and reorganization of 12 companies, including Baoshida Group.

Zhongcheng Qingtai Law Firm is one of the first batch of national excellent law firms in Shandong Province. Enterprise bankruptcy reorganization and liquidation is one of the important businesses of the firm. Through the selection of lawyers with rich experience in bankruptcy legal affairs, an efficient and excellent service bankruptcy business team has been established. As a provincial-level institution manager, the Institute attaches great importance to the professionalization and team construction of bankruptcy business, and the quantity and quality of bankruptcy performance are second to none in the legal profession of Jinan. The bankruptcy business team also has a number of lawyers with senior economist qualifications, certified tax accountant qualifications, certified public accountant qualifications, and a number of excellent lawyers specializing in labor and personnel, taxation, corporate governance, real estate, land and other bankruptcy business.
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