Warren Group insolvency enters bankruptcy reorganization

Source: Internet
Author: User
Every reporter Satsu air from Shanghai Warren Group Co., Ltd. (hereinafter referred to as Warren Group) eventually went to the bankruptcy reorganization. "Up to April 30, 2009, the total assets amounted to $795 million, with a liability of $1.076 billion.  "Fuyang People's Court of Zhejiang Province" (hereinafter referred to as Fuyang Courts) (2009) Hangzhou Rich businessman broke the word 第2-1号 "civil verdict" shows that the Warren Group insolvency 281 million yuan, Fuyang court 1st to accept the acceptance of Zhejiang Fu Chun Photoelectric Technology Co., Ltd. and other creditors of the Warren Group bankruptcy reorganization application. "The bankruptcy reorganization is in fact a step in the crisis disposal of the Warren Group, and the Fuyang government has made full communication in this regard, but it involves a wide range of matters, and after the declaration of Claims, communication with the Sichuan jinding and the local government of Leshan, the trend of the Warren Group will gradually become clearer.  Fuyang government officials said 2nd to the daily economic news. Another protagonist in the Whirlpool-Chen Jianrong will give his 26-year Warren Group career a sad sign, Sichuan jinding Actual control of the "Halo" will also fade, more noteworthy is, in the She Shengming of private lending disputes, Sichuan jinding again on May 31 received Zhang Shugen private credit dispute summons to report, this time "forged"  The Board resolution and the Director's signature directly pointed to Chen Jianrong.  The Fuyang government personage pointed out that Chen Jianrong Destiny "waits for the public security organ to investigate the progress". Close personage discloses, "Chen Jianrong, Warren Group, Fuyang and Leshan Local government, actually already reached to save the Warren Group, save the Sichuan jinding consensus." However, there are still differences between Zhejiang and Sichuan on specific operational steps.  When Warren Group entered bankruptcy reorganization, it faced two choices of the restructuring of the China-LUN group and the promotion of the Golden Summit in Sichuan and the separate reorganization of the jinding in Sichuan. Close Personage says, Fuyang the government guarantees Warren Warren Group will be more obvious, "The Warren Group is insured down, Sichuan jinding Natural also can return to normal, but the Leshan government is more inclined direct, secure keep Sichuan jinding." ”

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