Chapter 235: Reconciliation
Most people think that lawyer negotiation is just a rhetorical sword, and a provision is enumerated from the legal text, and the other party is speechless, but this is not the case.
Of course, the law has always run through litigation cases, but the most common thing American lawyers do is to help their clients negotiate mediation with the other party, find mutually acceptable settlement terms, or force the other party to agree to their demands.
If it goes to court, then the loss after losing the lawsuit may be greater, and the judgment may be punitive, especially for those large companies, which does not mean that if you lose "one", you will lose one or one or two, but it is more likely to lose ten or even fifty.
Thompson was undoubtedly the victorious side in this dispute, and the vast majority of New York residents sided with him, admitting that the Empire State Building United Company was indeed poorly managed, and that Su Mu might lose the case if it ended up relying on a judgment, but if the Empire State Building United Company lost the case, it would need to pay nearly $200 million to settle the matter, and the company's executives certainly did not want to see this situation, so they agreed to settle.
An Empire State Building is worth more than $40 million, and the annual income of the Empire State Building United Company has averaged about $14.6 million in the past five years, which means that this company can buy the Empire State Building with more than three years of income.
Thompson was ready to persuade Su Mu to accept the terms offered by the Empire State Building United Company, 35 percent of the new company's shares, which really could not be regarded as a loss, and even a lot better than the original terms of more than 60 million US dollars, although he lost 35 percent of the ownership of the building, he could get an annual dividend of about 5 million US dollars, which was more than 3 million US dollars higher than the original rent!
And there are dividends every year, and it may rise in the future, this part of the equity is worth at least more than 90 million US dollars, because of the fame of the Empire State Building, don't worry about a flash in the pan, if you meet the right person, maybe you can sell it at a higher price, hundreds of millions of dollars is not impossible!
He knew very well that Su Mu's original intention of buying the Empire State Building was just to make money, and now he was not satisfied with making more than double the income, and Lawyer Thompson could only sigh that his heart was too dark.
However, the client did not agree to the settlement, so he could only try again, and at this moment, he saw Hunter Moore lawyer walk into the office, and he didn't give a good look at it, and he didn't even bother to do the polite act of pouring water for him.
Lawyer Moore's face was even more ugly, according to his thoughts, he actually wanted to fight hard, and gambled that Su Mu would not dare to enter the trial procedure, because if Su Mu lost the case, the loss would be more than one or two million US dollars.
It's a pity that the client was shaken, and the Empire State Building United Company, the reason why it is called a joint company, is because thousands of people raised money to buy the Empire State Building, all of them were shareholders, and the hearts of the people were uneven, plus several shareholders with more shares were also shaken, so that Moore had no ability, and in the end he still pinched his nose and came to talk about reconciliation.
It is precisely because there are many shareholders of the Empire State Building United Company, and everyone can't get much money when they make money, and they can't lose too much money, thinking that it is nothing more than giving up a small part of their interests, and they can also get the Empire State Building itself, so they decided that more is better than less, so as to avoid a hard knock and a bloody flow.
Su Mu's name is written on the rich list, and it has something to do with President Bush Sr., no one treats him as a paper tiger, even if he invests $200 million in the Empire State Building for decoration, Su Mu is still a billionaire, but if the Empire State Building United Company takes out this money, most of them will have to go bankrupt and liquidate.
Lawyer Moore was still thinking about the "harmony makes money" and "don't be too tough" that he heard from the directors of the Empire State Building United Company before he came over, and his eyes turned black with anger, thinking that he was also the top lawyer in the United States, why was he so looked down upon?
Thompson's lawyer is very calm, knowing very well that the Empire State Building Union is now strapped for money, on the one hand, entering the real estate industry, and on the other hand, discussing with Rockefeller Center in an attempt to take over the management of four buildings.
But to say that he can definitely win the lawsuit, he thinks that he can't do it, after all, the lease signed back then is legal, if there is a third party involved, it is very likely to encounter big trouble, so reconciliation is the best choice now, and he dare not really force this company to a dead end.
Throwing the prepared contract in front of Moore, the corners of his mouth turned up, looking confident, and said: "Let your clients sign this contract, I will withdraw the lawsuit in the afternoon, and after the merger, 43% of the shares, if you can come up with 100 million dollars in cash to buy the Empire State Building, I can also agree to settle, but unfortunately you don't have enough funds, right?"
I fell for you last time, and then I found out after investigating that part of the shares of the Empire State Building United Company had been mortgaged, and at most about 50 million US dollars were withdrawn, and now in the entire Wall Street, which company dares to lend to you, my client's patience has been exhausted, and if the settlement is unsuccessful, it will be a trial, and you should be prepared. ”
They have met in the past two days, Thompson has been biting to death at forty-five percent and not letting go, but today he took a step back and wrote a forty-three percent without authorization, Su Mu gave him a promise to let him look at it, more than forty percent is fine, so he wrote a number that is neither high nor low, which can be regarded as a little psychological comfort to the other party.
Lawyer Moore not only hates Harvard alumnus Thompson, but also hates the clients who keep dragging their feet, since the clients have decided to soften, they are too lazy to say at this time, just nodded after reading it, picked up the contract and said: "I'll ask now, I'll give you an answer later, you must know that you are better than having a good client, allowing you to mess around like this, if you change positions, who loses and who wins." ”
"Losers always like to say a few cruel words, as if they can win something back, I hope that no one will be unlucky in the future and find you to help them fight a lawsuit. ”
Lawyer Thompson's tone was flat, and he was rolling his eyes frantically in his heart, what he messed up with, it was clearly his own employer's mess! I didn't expect it to be really possible, even he had to admire Su Mu's boldness, and he didn't know whether to say that he was young and vigorous, or he was far-sighted.
When Moore was seen again more than three hours later, two more signatures were added to the terms of the settlement, which closed the four-month-long lawsuit......
Except for lawyer Thompson, who will soon be paid a large sum, the only winner, Su Mu, was sleeping on the couch in her office when she received the call, and Lily was sitting at her desk with a magazine in her hand.
It felt like a dream, Su Mu hung up the phone before coming back to his senses, and wondered: "The other party has surrendered, Thompson's lawyer will come by plane later, so that I can sign the contract, after the merger, I will get 43% of the shares of the Empire State Building United Company, at the cost of fifteen million dollars for the maintenance of the Empire State Building, I have asked the city hall to help, I can't say that reconciliation is reconciliation, but it is understandable." ”
"Satisfied?" Lily asked, looking up.
Today she painted heavy makeup, in the past, Su Mu didn't like girls to wear too heavy makeup, but Lily is beautiful, and the red lips and heavy makeup have a different style, thinking that if it weren't for the beauty of the gods, she would be able to eat her during the trip a few days ago, Su Mu was immediately a little impulsive, and raised Erlang's legs to hide the little secret.
Tell her: "It's better than I expected, probably because the joint company is not doing very well, so they want to pull me into the water, I think the real estate near Greenwich Village is very good, there are a lot of artists there, and they don't lose money, but unfortunately this company is trying to swallow the elephant, and there is a problem with the funds." ”
Being stared at by Su Mu, Lily figured out something from his eyes, gestured with scissors, and asked casually, "Do you plan to fund support?"
"No, even if I wanted to, they wouldn't dare to let me get financing, maybe they just wanted me to raise money, but I didn't have that idea. ”
Su Mu walked behind her with a smile, and he didn't know whether to rub the oil or really help her massage, pinched Lily's shoulder, and said again: "You know more people than me, help me sell this part of the shares?"
At this time, I really planned to make a move, but the next second I regretted it, and shook my head: "Let's wait, there is no shortage of money now, and when the quality of tenants in the Empire State Building is improved, the rent can also rise slightly, and maybe it will be sold higher when the time comes......8)