Chapter 202, 615 million huge indemnity(1/2)
There was silence in the conference room.
Morris's beautiful lawyer subordinate also took a break and looked at the young oriental man with brilliant eyes.
Among the Asians she has come into contact with, she has never met anyone with such natural aura as him.
Most of them have a very special kind of humility, without any edge.
Of course, not counting those in India, they always seem to feel so good about themselves.
But the young Easterner now does not feel good about himself.
Thanks to her previous "efforts", she is now fortunate to participate in this project.
A scandal involving an inheritance of nearly 3 billion US dollars!
Although the current owner of the inheritance is the ordinary middle-aged man next to him, it is this young oriental man who can exert irrefutable and huge influence on this inheritance.
At this moment, he looked sharply at the two moths opposite.
Jason was embarrassed.
Once the words are made clear, it will seem ridiculous to say those words again.
They are about to conduct a performance audit, so how can they continue to hire the three Jasons to help manage assets?
But now, what attitude must we adopt?
Philip cleared his throat and spoke for the first time: "Dear Mr. Li, Mr. Song, Mr. Shi, and Mr. Morris, please allow me to apologize on behalf of the team. During the management of this asset, we have had many problems.
Major investment and management errors prevented us from bringing the agreed benefits to the client and beneficiaries."
Song Yang remained calm.
He doesn't care if the other party only admits their mistakes.
Anyway, these are just words, not clear benefits.
Phillip glanced at Jason and saw that his face was ugly and his mouth was tight, so he simply continued: "If Mr. Li decides to terminate our employment, then... we are willing to do our best to compensate for the difference in income."
"Mr. Morris?" Song Yang smiled and glanced at Morris.
Of course it is Morris who puts pressure on people and does evil things.
Their income from the project itself is directly related to the amount of compensation.
Now, the only thing is to ask them to agree on a certain amount of compensation and to fully cooperate with Li Ping to fully obtain the right to manage the estate.
Morris nodded, and then raised his fingers at the beautiful subordinate beside him.
After taking a pile of information she handed over, Morris said: "According to the results of our preliminary investigation, Mr. Jason, Mr. Philip, and Mr. Robert, who was not able to come over, have made public purchases in the past four years.
The total value of real estate and vehicles, luxury consumer goods, and publicly held stocks and bonds exceeds US$400 million. As for the hidden parts, if it is officially investigated through legal channels, I believe there should be many more."
Jason's hands turned white from digging into them, and he gritted his teeth tightly.
Song Yang said slowly: "What the three of you have gained in four years, you should know exactly what kind of risks you have taken. If the three of you can get a gentlemanly and decent ending from this matter, please don't waste your time."
Mr. Morris from Cravath and his team charge based on time."
Morris smiled, showing the pressure from a top law firm.
Let alone such a case where the rights and wrongs are very clear, even for those cases where there is a lot of room for controversy, as long as Cravath exerts his full strength, the other party will feel cold all over.
It just so happens that the current client is the kind of person who can make Cravath do his best with the money.
So he said: "My client is a kind and generous gentleman. Mr. Jason, Mr. Philip, please forgive me for saying this frankly: Now is the opportunity given to you by Mr. Li and Mr. Song. As long as one of them is satisfied
number, then they don’t mind if you continue to enjoy a decent life. Of course, this number must satisfy them. Please believe in Cravath’s expertise. I have a roughly accurate number here as to how much wealth you have transferred.”
Lawyers "collect debts" and take a commission from compensation is a common method of profit.
The amount is small, but the proportion is high. As for the huge compensation amounting to hundreds of millions of dollars, Song Yang negotiated with them for a ratio of 2.5%, which is indeed generous.
Because this eucalyptus is so easy to operate.
I don’t know if it was because she was careful when she set up the trust, or if there were other reasons. In short, the three Jasons did not have a very strong background or strength.
Of course, if they had a big family and a big business, I'm afraid they wouldn't be so bold.
Now it seems that this is like a "trial". If any of her descendants are smarter, or if Li Ping is stronger, they can deal with these people.
The key is to learn to divide money and learn to spend money.
Song Yang asked Shi Youming to find the best law firm in the United States directly, and promised them a slightly higher share ratio in the first cooperation.
Normally, for compensation at this level, the share ratio is 2% or even lower.
But Li Ping and Song Yang are outsiders. Let them earn a little more, and then use the subsequent cooperation as bait. They can take this opportunity to make a top-notch litigator friend in the United States.
Cravath also represents a circle.
Therefore, now Morris will do his best for the 2.5% share, as long as he does not mess up the client's wish to resolve the matter as soon as possible.
2.5% of US$300 million is US$7.5 million.
If it reaches $600 million, that’s $15 million!
A piece of business that doesn't require much effort at all can easily earn tens of millions of dollars in income.
Then it's time for Morris to perform.
Song Yang just whispered in Li Ping's ear and translated some key words that he didn't understand.
Li Ping gave him a thumbs up under the table: He is indeed a top student at Yanda.
After Song Yang was asked to do this by Li Ping, he was not as busy as he is now for more than half a year, and he really learned a lot in school.
Anyway, it has nothing to do with his major, so final exams are always very difficult to deal with.
A negotiation involving such a large sum cannot be concluded overnight.
Jason and Philip kept Robert in the United States, naturally considering that there might be many things to discuss, and Robert could gather some information there.
It wasn't until dark that Jason and Philip made another long cross-country phone call with Robert, and after a long discussion, they returned to the conference room slumped.
"615 million!" Jason gritted his teeth and said, "This requires us to sell all our assets and recover many loans. Mr. Morris, are you satisfied?"
"The Point Guard Is Here"
Morris thought that if I tried my best, I would probably knock out at least another 100 million.
But there's no telling. This number may take them several years to collect by disposing of various assets, and it will indeed involve many big shots.
He smiled: "The important point is whether Mr. Li and Mr. Song are satisfied."
Li Ping was already happy.
Damn, it turns out that managing those assets is so profitable!
I originally thought I would only get the difference of a little over 300 million, but now it has doubled.
But he looked at Song Yang again.
It should be almost done, right?
Song Yang thought for a while and said: "We are all smart people. Mr. Jason, if it were me, for 300 million US dollars, I would rather go to prison to experience life. With so much money, I can think of something afterward."
Get out on bail and start your life again in another place."
Jason and Phillip's expressions changed. Don't you think it's enough?
Then Song Yang laughed: "But you are willing to give 615 million US dollars, and your attitude is enough. No matter how much you keep, this matter can end here. The premise is that within 2 months, we have to see this
Money. In addition, we need both of you to agree to a condition."
"Say!" Jason's face was still ugly, but he breathed a sigh of relief.
In this case, each person can still keep about 30 million U.S. dollars, and it is not considered that there has been no harvest in the past few years.
When Morris heard that he agreed, he glanced at Song Yang in surprise.
Is he a person who knows how to make friends in the United States? If he continues to be forced, of course there will be more.
Morris believes that in this form of private negotiation, the other party's bottom line is probably 650 million. If it is any more, they will get nothing and the matter will be dragged into legal proceedings.
Needless to say, they must have left some backup for themselves, and some wealth is destined to be transferred irretrievably.
This 615 million should wipe them out.
Song Yang looked into the fearful eyes of Jason and Philip and said: "After returning to the United States, I hope you will continue the acquisition of Scoop. Of course, it cannot be in the form of a loan, but a formal investment of US$60 million.
It should account for at least 70% of that company, right? With the influence of Senator White and several other big figures, the price of US$25 million is close to Scoop's true valuation."
Jason's face turned ugly: "...we can't hide our actions of selling off assets from anyone. This is already the case, do you still want us to be at odds with such a big shot?"
"How can it be a bad relationship?" Song Yang shook his head, "With almost no money, you get 30% of the shares and the future growth space of a high-tech company with great potential. Mr. Jason, Mr. Philip, I am
Then find a new path for your future."
He paused and then said: "This money, of course, is included in the US$615 million. At the same time, although the trust assets cannot be continued to be managed by you, as the major shareholder of that company, I can help you with this matter."
How about paying you a fee of 5% of US$60 million to acquire Eucalyptus?"
Both Jason and Phillip were a little surprised.
To be continued...