Chapter 147: 147
There were four more workers in the accounting department in addition to the accounting manager, but they couldn't handle the work that the accounting manager was doing . They were not knowledgeable or experienced enough in the field to handle the work . The accounting manager was a smart woman who was good with numbers . Whenever she was asked a question about her work by the president or the court officer, she answered as if she was a computer .
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Gun-Ho asked the accounting manager one more question .
"The total amount of claims that are reported to the court is 70 billion won, right?"
"Yes, it is 71,247,200,000 to be exact . The amount claimed for public interest among them is 12,264,000,000 won . "
"The claims for public interest are something like tax?"
"Yes, it includes tax, unpaid Four Major Public Insurance, unpaid wages, etc . "
"It is indeed a substantial amount of money . "
"That's right . That's why we had suffered a lot by the creditors before the court receivership started . "
When Gun-Ho came back to his desk, he started agonizing over whether it was a good idea to acquire this company because the company had a significant amount of debt which Gun-Ho was not sure if he could handle .
"It's 71 . 2 billion won . And the amount claimed for the public interest is 12 . 2 billion won . "
Gun-Ho felt very exhausted, so he leaned back in his chair and closed his eyes .
After a moment, Gun-Ho heard a yelling sound from the court officer's room .
Gun-Ho and the accounting manager ran to the room . The court officer and President Se-Young Oh were yelling at each other at the court officer's room .
"You listen to me very carefully . I understand that you are here because the court-appointed you . But, this is my company that I grew for 30 years . "
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"This company is not your personal asset, sir . The company has been maintained by the creditors' funds and their efforts as well; you can't just control the company in whatever way you like . You might be able to do it before, but you can't do that anymore . This company is under the court's control; it's under the court receivership . You need to look at reality . "
"If I knew you would interfere with my business like this, I wouldn't even have applied for the court receivership . Everyone knows that the company invested in China, but you don't allow the business trip to China? That doesn't make any sense at all . "
"The company in China is not part of this company . Then, we can't allow you to use this company's money to travel to China for that company's matter . "
"What do you know about the factory business? You have worked in a small office like in a bank, doing some office job . "
"Whatever you say, we can't allow you to use the company's funds as business expenses for the trip to China . "
The president was trembling in anger .
Managing directors, directors, and managers came to the court officer's room when they heard the yelling sound, but none of them said a word . They couldn't take anyone's side .
At that moment, Gun-Ho stepped in . He talked to the president first .
"President Oh, let's go back to your office . Please calm down . "
When the president came back to his office and sat at his desk, Gun-Ho quickly brought a cup of cold water to him .
"That as*hole came to my company and interfered with my business . He does that because he thinks the court has his back . Son of b*tch!"
"Haha, sir, I think he is a play-by-the-book kind of guy . Many government workers and bank workers are like that . "
"You saw what he was doing, right? That young kid acted so rudely . He had no respect toward me and he doesn't give a sh*t to my 30 years work for this company . Sh*t!"
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Once Gun-Ho made the president calm, he went to the court officer's room .
"How are you?"
"Sh*t! He is out of control . "
The officer gulped down the water .
"You handled the situation very well . "
"You think about it, Managing Director Goo . What did I do wrong? It doesn't matter what the president said, but the company in China is a legally totally different and separate company from this one . "
"The president is an old man . I guess things were played differently in the old days . "
"He wants to go to the company in China, which his son established . So what? He can't use this company's money to go to his son's company . I'm telling you this because I trust you, Managing Director Goo . I could see why this company had to come this far and start the court receivership . "
Gun-Ho came back to his desk and leaned back in his chair with his eyes closed .
"This company is a mess . Maybe I should take my hands off this company . I have more than enough money to live my life without working . Why would I want to take this trouble?"
However, Gun-Ho really wanted this company . The company's sales revenue was over 70 billion won and it had 250 workers . It was a desirable company . "
"The problem is their debt . They have the same amount of debt as its sales revenue—70 billion won . "
When he was thinking about it, he received a call from Min-Hyeok Kim in China .
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"Hey, what's going on? I heard you are working at a company in Asan City as a managing director . "
"Yeah, it happened like that . "
"According to Manager Kang, you want to make an M&A of that company? And that's why you got inside the company to grasp their situation?"
"That's right . "
"You must be very busy . "
"Oh, since you are there, let me ask you something . "
"What is it?"
"There is a company called Mulpa Automotive in Suzhou City in Jiangsu Province . "
"Automotive? It's an auto parts company?"
"That's right . It's not far from where you are . Can you go there and see if the company is still doing business or closed already . "
"Is it related to the company you are working at as a managing director right now?"
"This company president's son used to run that company, and I heard it went broke already . I am not sure what really happened to that company . "
"Okay . I will visit that company and will let you know . "
"Okay, thank you . "
Gun-Ho received a call from Min-Hyeok around the time when he was about to leave to his home .
"Gun-Ho, I just came back from that company you told me earlier . They closed the door already . "
"Really? What about the equipment? They still have all the machines inside?"
"Yes, the factory seemed to have full equipment . They all look in a good and new condition, and big too . The problem is that the machines shouldn't be in a stopping position for a long time like that . "
"What about people? No workers there?"
"I didn't see anybody . I talked with their caretaker though . He said the company hasn't paid the rent for the past 6 months and they haven't paid to the workers for a long while either . So the workers took over the factory . "
"Hmm . "
"The electricity is out because they didn't pay the bill . He said the representative of the workers comes to the factory about twice per week . I will meet him . I left my contact number with the caretaker for now . "
"I want to know how much debt they have and how much payment to be paid by their customers . Do you think that a representative of the workers might know?"
"Well, let me talk with him first . "
"How large is the factory roughly?"
"It seems to be about 2,500 pyung large . The factory is new too . It's a shame that that new factory is not working anymore . "
"Okay, Min-Hyeok . Thank you . Just let me know after you meet with that representative . "