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    The "Alien" Clothing Company Went Bankrupt And Continued: The Owner Of The Field Clothing Company Did Not Escape.

    2012/1/10 10:05:00 97

    The collapse of Dongguan Yuan Ye Garments Co., Ltd., a famous clothing brand such as "strangers", has made new progress.

    The company has formally entered the statutory bankruptcy proceedings and has chosen the bankruptcy administrator.

    Yesterday morning, the second people's Court of Dongguan City sealed up a larger warehouse of the company according to the clue provided by the company.


    The company bankruptcy administrator has been selected.


    In January 6th, the company filed a bankruptcy petition with the second people's Court of Dongguan.

    On that day, the court selected the company's bankruptcy administrator as a law firm in Guangdong by shaking beads.


    According to the briefing, the company was founded in 1999, and owns several clothing brands such as "strangers" and hundreds of franchisees in China.

    At present, a number of strong domestic and foreign companies have expressed their intention to participate in the reorganization of the company.


    The court official said that the court had initiated bankruptcy proceedings in the case and asked creditors concerned to contact the insolvency administrator as soon as possible to declare their claims.

    If creditors or other enterprises or individuals are willing to participate in assets reorganization of the field company, they may contact the bankruptcy administrator.


    Yesterday morning, according to the clues provided by the wilderness company, the second people's Court of Dongguan city dispatched more than two police officers, including Humen court and many other police officers, and seized a large warehouse of the company, and seized a number of clothing products including hundreds of boxes of "foreigners".

    The location of the warehouse is more subtle here. If it is not for the wilderness company to provide clues, outsiders are hard to find.

    The court handed over the property to the insolvency administrator.


    The boss had scare away information before he fled.


    Yesterday, the company also submitted nearly 10000 words to the court.

    In this "Wan Yan Shu", the wilderness company made a detailed explanation of the company's decision to close down and hope to go through the bankruptcy proceedings, and apologized for the unauthorized pfer of the court seal in January 2nd.


    The company said that in order to save the company, Chen Churong, the major shareholder of the company, had two personal mortgage loans in 2011, 8 million 500 thousand yuan, which sold his personal property for 4 million 500 thousand yuan.

    At the time of bankruptcy, the company owed about 26 million of its debts, of which the personal debt of the shareholders owed was 4 million 500 thousand yuan, and it could be estimated that the final personal debt owed to Chen Churong would reach 8 million yuan.

    Chen Churong, the shareholder of the company, is actually the biggest creditor of the company. The biggest loss of company bankruptcy is Chu Rong, the big shareholder of the company.


    The company said it had originally owned a Chen Churong sole proprietorship and later added a minority shareholder.

    Chen Churong ran a company for 13 years, overnight, and even put in about 8000000 yuan of personal property. It can not be said by the outside world for economic fraud.

    It is reported that at present, because Mr. Chen Churong constantly receives short messages of threats and intimidation from unknown phone numbers, family members, relatives and friends take turns to take care of them for 24 hours in order to ensure their safety and worry about their suicide due to bankruptcy.

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