[5] Zhiming Lawyer Takes on Another Difficult Major Case Where Developers Harm Construction Companies' Interests Through Bankruptcy and Fund Embezzlement

January 13, 2020 📂 Updates Updates 🏷️ #Second Instance Appeal #Developer #Complex Major Case #Lawyers #Bankruptcy #Rights Protection


[2] Recently, the Wang Tengfeng lawyer team from Guangdong Zhiming Law Firm was entrusted to handle a major and difficult case where a real estate developer attempted to harm the contractor's interests through bankruptcy and fund absconding!

 

Ten years ago, a large construction company used over 20 million yuan in project funds to offset and acquire supporting facilities built by a real estate developer. Now, a decade later, the value of these acquired facilities has multiplied several times. The developer attempted to reclaim the delivered properties by hollowing out assets and forcing bankruptcy, maliciously harming the legitimate interests of the construction company. The court of first instance ruled against the construction company, citing that the property transfer had not been completed and the contractual obligations were not fulfilled, ordering the return of the properties.

 

The construction company was extremely anxious and remained hesitant after consulting with multiple law firms. Eventually, through various channels, they learned that Attorney Wang Tengfeng's team excels in handling major, complex, and difficult cases with creative thinking. After a thorough discussion with Director Wang Tengfeng at Zhiming Law Firm, the company's representative confidently and satisfactorily entrusted the case to Attorney Wang Tengfeng's team.

 

Due to numerous factual misunderstandings, legal misinterpretations, and erroneous application of the law in the first-instance judgment, resulting in a grossly unjust ruling, Attorney Wang Tengfeng's team, after careful study, has filed an appeal in accordance with the law, hoping for a fair correction in the second instance.
 

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