Baoshida International Holding Group Co., Ltd. and other five companies bankruptcy reorganization joint manager.
Published:
2021-04-22
Baoshida International Holding Group Co., Ltd. and other five companies bankruptcy reorganization joint manager.
From September to October 2019, the people's Court of Licheng District of Jinan City successively ruled to accept the bankruptcy and reorganization cases of the above five companies according to the applications of baoshida International Holding Group Co., Ltd., Jinan baoshida Industrial Development Co., Ltd., Shandong baoshida Cable Co., Ltd., On November 23, 2019, we appointed our firm and Shandong Huanzhou law firm as the joint managers of the above five companies. After accepting the appointment, the firm organizes lawyers with rich experience in bankruptcy cases to form a legal service team to enter the enterprise and carry out related work.
Baoshida International Holding Group Co., Ltd. and other five companies belong to high-tech enterprises, which are involved in industrial investment, real estate project investment, precision copper tube, electromagnetic wire, cable, LED lighting products and other fields. The products adopt international standard production certification and international standard product mark (ASC) certification, and are equipped with electromagnetic wires of million kilowatt supercritical generator sets, and develop and produce over 10,000 meters load-bearing detection cables, he has presided over and participated in the formulation of 12 national standards in the industry and has been certified as a national provincial enterprise technology center. However, due to the influence of various factors such as the market and policies, the sustainable operation ability of the five companies, such as baoshida International Holding Group Co., Ltd., has declined, with shortage of funds, multiple debts and broken working capital. Now, they have applied for bankruptcy and reorganization to the people's Court of Licheng District of Jinan City.
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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