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Chapter 644: Chapter 202 – Explosive Revelation of the Elegant Stone!

_4 Chapter 644: Chapter 202 – Explosive Revelation of the Elegant Stone!

_4 To put it plainly, a project falling into disrepair isn’t sothing that happens overnight.

You can’t just wake up one day to find the capital chain broken and then have the project be abandoned.

Anyone would know that’s not possible.

Deng Erfeng realized this, so his mind went completely blank, wondering whether the head office could co up with the tens of millions of dollars at all.

Or more likely, the head office wouldn’t even want to shell out because, at this point, the debt owed was just too imnse.

...

For the average person, the first thing to do when in debt is to hurry up and repay it, but for the bosses of big companies, the first thing is to secure their own interests.

As for the company…

ever heard of sothing called “limited liability”?

If the company goes bankrupt, what’s that got to do with , the boss?

It’s perfectly normal for a business not to be able to continue operating.

That’s the reality.

You talk to them about a three-fold compensation for withdrawal, and they argue that comrcial housing isn’t a product and doesn’t possess the attributes of a product, which is of significant aning.

But then, when you say the building is left unfinished and they need to be held responsible, they’ll talk to you about limited liability.

In the end, they’re willing to scrounge up the money, but they absolutely refuse to take on the responsibility!

Tengda, after putting down his phone, Old Tang hoped that those still entering the market to buy houses would have a bit more common sense.

The morning discussion with the leaders went more smoothly than expected, which was sowhat surprising.

Principally, the leaders supported the defense of rights but considered the priority of stability — they couldn’t allow the situation to escalate too much.

Moreover, the Yashi project in other provinces had already run into disrepair, and Jingzhou was keen to avoid that at all costs, lest the subsequent maintenance of stability beco troubleso.

They also took the opportunity to probe the situation at Yashi’s head office.

Just as Tang Fangjing’s article suggested in the morning, if the head office couldn’t even co up with a few tens of millions, then…

it was better to get involved early.

Although Yashi wasn’t a national real estate giant like so, it was no small company either.

The effect of Old Tang’s article was quite good; at the very least, those who bought houses began to scrutinize the issue of fund supervision, because technically, if funds were properly supervised, buildings could still be completed even if the company went bankrupt.

Any unfinished building would clearly indicate that the regulated funds had been tampered with ahead of ti, no need to think twice.

The Changyi District Court was thrilled; by the order of the superior court, all files and materials were transferred over, giving the judges a taste of what it felt like to be at the Guangming District Court.

It’s said that Old Zhou started humming in his office, delighted.

It wasn’t easy, but finally, soone understood what they had been through in those days.

The Internet Court of the Capital also gave a nod of approval.

The Changyi District Court categorized the cases into several types, with small claims being fast-tracked and slightly larger claims being handled in batches.

For claims involving a large sum, like double the deposit returns, they were judged individually based on the case facts.

Speaking of these matters is complicated, and doing them is just as troubleso.

Changyi District Court really started working overti, and at Yashi, regardless of the case type, they simply had to complete the second instance.

Correspondingly, so cases that had been adjudicated had already started preliminary enforcent.

In such an atmosphere, a judge and another enforcent judge had already arrived at Jingzhou Airport, setting off for Magic City.

Why are judges reluctant to execute judgnts in other jurisdictions?

Simply put, it’s troubleso.

Under the “Provisions of the Supre People’s Court on Several Issues Concerning Commissioned Execution,” article 1, clause 1, generally, cross-jurisdictional execution is done by entrusting local courts of the sa level.

The Changyi District Court could directly entrust the court in the district where Yashi’s office in Magic City is located to carry out the execution, but one could well imagine how strenuous such execution would be.

When their cases already overwhelm them, they hardly think about cases commissioned from elsewhere.

They might check online for you, but expect enforcent officers to run around offline?

Dream on.

Moreover, there can be a lot of shirking between different jurisdictional courts, with so not even filing the case, reaching the heights of buck-passing.

Enforcent is difficult enough without even ntioning interprovincial execution, which is an added challenge.

Technically, per regulations, the court of first instance isn’t necessarily obliged to entrust execution; it is permitted to carry it out directly.

So why not do so…

because it’s a hassle, isn’t that enough?

Direct enforcent requires approval from the higher court, and it becos even more cumberso once you get there…

That’s why you’d understand Judge Shan’s mood upon hearing that Yashi’s head office would also be involved in the case.

In practice, buck-passing is even more severe.

Probably everyone within the system is acutely aware of this; it’s not as if issuing so docunts will ensure cooperation from other provincial authorities…

Old Tang didn’t bother with the details anymore; there were specific people to handle the cases, and he needed only the final result.

As ti passed, Jingzhou’s actions beca more and more vigorous, while Yashi in Magic City was still occupying itself with various denials.

This gave Old Tang a bad feeling.

Yashi…

wouldn’t just blow up because of this lawsuit, would it?

If it really did blow up, that would be interesting.

There would surely be so irrational people claiming it was Tang Fangjing’s lawsuit that caused Yashi’s crash — that didn’t bother Old Tang.

Let them say what they want.

After all, having bought into an abandoned building project, it wouldn’t be unreasonable for a person’s life to feel cursed, and a few harsh words can be understandably excused.

Old Tang’s focus was still on the provincial high court here.

After the appeal was submitted, there was no response, and the situation was unclear.

Ti trickled by, and Old Tang’s days remained pretty relaxed.

He didn’t have to deal with the cases himself; his job was basically doing voice-overs for videos.

Huang Licheng ca by once, inquired about the progress of the case, and then left, probably realizing that overturning such a case would be difficult.

However, in Jingzhou, the effort expended was remarkable, as the execution bureau leader of Changyi District Court directly proceeded to Magic City…

this was actually the best thod of cross-jurisdictional execution.

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