Zhongcheng Qingtai Jinan Bankruptcy Reorganization Business Achieves Success Again Heze Guangyuan Copper Belt Co., Ltd. The merger and reorganization plan of three companies was approved by the court.
Published:
2022-03-18
On March 12, 2022, the people's Court of Mudan District of Heze City ruled to approve the merger and reorganization plan of Heze Guangyuan Copper Belt Co., Ltd., Shandong Tianhe rolled copper foil Co., Ltd., and Heze Yuanhe Trading Co., Ltd., and terminate the merger and reorganization procedures of the three companies. Zhongcheng Qingtai Jinan served as the bankruptcy administrator of the three companies. Although they faced many difficulties in the process of merger and reorganization, the management team, under the coordination of Heze Local Financial Supervision and Administration Bureau and under the supervision of Mudan District people's Court, applied to the court for approval of the enterprise to continue production and operation to ensure the ideological stability of employees, On the other hand, actively use various resources to recruit investors, heze City Investment Holding Group Co., Ltd. was finally determined as the investor. In view of the interests of all parties, the management team actively did a good job of communication and coordination, relying on professional legal services and rich practical experience, properly handled the protection of creditors' interests, the protection of employees' rights and interests, the fuse of the guarantee chain, the tax treatment of investors' investment and other issues. After the second creditors' meeting was held, after deferred voting, the investor group, the specific property guarantee creditor's rights group, the tax creditor's rights group, the general creditor's rights group, and the employee creditor's rights group all voted to pass the "Heze Guangyuan Copper Belt Co., Ltd." The company's merger and reorganization plan (draft). The reorganization plan was approved by the People's Court of Mudan District, Heze City, and officially entered the implementation stage of the reorganization plan. As the first-level bankruptcy administrator of Shandong Higher People's Court, Zhongcheng Qingtai (Jinan) Law Firm has given full play to the service advantages of specialization, teamwork, and standardization, and has handled the bankruptcy reorganization cases of more than 100 companies. Accumulated rich experience and operating skills to save troubled companies, and the cases undertaken have been highly recognized by the courts, competent authorities, and debtors, it has made positive contributions to the implementation of the new development concept, the promotion of the transformation of new and old kinetic energy, and the promotion of high-quality economic development in Shandong Province.
On March 12, 2022, the people's Court of Mudan District of Heze City ruled to approve the merger and reorganization plan of Heze Guangyuan Copper Belt Co., Ltd., Shandong Tianhe rolled copper foil Co., Ltd., and Heze Yuanhe Trading Co., Ltd., and terminate the merger and reorganization procedures of the three companies.
Zhongcheng Qingtai Jinan served as the bankruptcy administrator of the three companies. Although they faced many difficulties in the process of merger and reorganization, the management team, under the coordination of Heze Local Financial Supervision and Administration Bureau and under the supervision of Mudan District people's Court, applied to the court for approval of the enterprise to continue production and operation to ensure the ideological stability of employees, On the other hand, actively use various resources to recruit investors, heze City Investment Holding Group Co., Ltd. was finally determined as the investor. In view of the interests of all parties, the management team actively did a good job of communication and coordination, relying on professional legal services and rich practical experience, properly handled the protection of creditors' interests, the protection of employees' rights and interests, the fuse of the guarantee chain, the tax treatment of investors' investment and other issues. After the second creditors' meeting was held, after deferred voting, the investor group, the specific property guarantee creditor's rights group, the tax creditor's rights group, the general creditor's rights group, and the employee creditor's rights group all voted to pass the "Heze Guangyuan Copper Belt Co., Ltd." The company's merger and reorganization plan (draft). The reorganization plan was approved by the People's Court of Mudan District, Heze City, and officially entered the implementation stage of the reorganization plan.
As the first-level bankruptcy administrator of Shandong Higher People's Court, Zhongcheng Qingtai (Jinan) Law Firm has given full play to the service advantages of specialization, teamwork, and standardization, and has handled the bankruptcy reorganization cases of more than 100 companies. Accumulated rich experience and operating skills to save troubled companies, and the cases undertaken have been highly recognized by the courts, competent authorities, and debtors, it has made positive contributions to the implementation of the new development concept, the promotion of the transformation of new and old kinetic energy, and the promotion of high-quality economic development in Shandong Province.
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