Chapter 196: Guarantee

Thompson is also a person who has lived in China for several years, of course he is also clear about some situations in China, and he can also understand what Lai Xiaohu means, since Lai Xiaohu is not willing to talk about those things directly, then he will talk to Lai Xiaohu about other things first.

But the two talked there for more than an hour, and Thompson finally couldn't do it anymore, "Xiaohu, I think you should know the purpose of my coming today, so you don't want to go around in circles with me." ”

"Just say it, can you help me?" Thompson's words were direct.

"No," Lai Xiaohu wanted to say directly. But looking at the vicissitudes of Thompson's face, Lai Xiaohu didn't dare to say such hurtful words directly.

After all, Lai Xiaohu, who has been friends between the two for several years, is still unwilling to give up like this, and his words are very simple, but after saying them, it is estimated that the two will become strangers in the future. Friendship between men is not as precious as love between men and women, but for some people, it is precious.

Although Lai Xiaohu is not as good as Liu Bei, who regards his brothers as siblings and women as clothes, he is not willing to completely give up the friendship between the two people for several years for this matter.

The Carlston Hotel is definitely going to close, it's not that Lai Xiaohu has to let them close, but if it doesn't close, Carlston can only keep losing money, so it's better to close the door as soon as possible. And the closure of the Carlston Hotel will certainly have a big impact on the Thompson family.

After all, Carlston is the largest hotel invested by the Thompson family, and now it has closed before it has recovered its costs, which is the first thing to lose for Carlston is hundreds of millions of dollars.

And secondly, and most importantly, for the Thompson family, if Carlston closes its doors, how will the ensuing debt crisis be resolved?

The Thompson family has a lot of assets, but these assets are fixed assets. Those are the hotels of the Thompson family. The Thompson family raised money from banks and personal connections.

According to the original rules of both sides, these debts were basically more than a year away, but if Carlston had collapsed, needless to say, the banks and private capitalists who had financed the Thompson family would have called on the day of the collapse.

The Carlston Hotel was a key link in the contract between the two parties, and Carlston's failure proved that the Thompson family still had the ability to repay their debts, and the repayment of debts between the two parties naturally had to follow the previous agreement.

But if Carlston fails, it means that the Thompson family is in trouble, and its ability to pay its debts is naturally unconvincing. At this time, in order to avoid the Thompson family not being able to pay off the debt in the end, those creditors will definitely empty the rest of the Thompson family as soon as possible. And you can't find anything wrong with them doing this. Because these are all stipulated in the original contract between the two parties, it is completely the rights of those creditors.

So the Thompsons' dilemma is here, if Carlston doesn't go out of business, he will have to bear the losses caused by the hotel's continued losses. And if Carlston goes out of business, it will send a signal to the outside world. That is, the Thompson family is no longer good, so those creditors will definitely force the debt to come to the door at that time.

In fact, with the current strength of the Thompson family, it is not impossible to repay these debts. But all the Thompsons wanted was cash. And now the other party must also ask for cash when they come to see it. The problem is that the Thompsons don't have that much cash.

What to do? Easy to do. It will not be long before the use of fixed assets to pay off debts. This is also a common method used in creditor's rights disputes. But since you've reached the point where you've used fixed assets to pay off your debts, I'm sorry. The hotel you originally repaid was worth $100 million, and now we can only give you 50 million when we pay off the debt.

No way, that's the market. In the process of repaying debts, it is impossible to repay debts of exactly equal value, otherwise it would not be called repayment.

As for whether you will be given a 50% discount or how much at that time, it depends on the mercy of the other party, and those who force the debt are kind. It may also give you a discount of 780%, and if the other party stares at you like a wolf, then you are likely to be unlucky. It's not uncommon for you to be discounted several times.

At present, Lai Xiaohu does not know what the creditors of the Thompson family are facing when they fall to the ground. But it won't be good after all. What kind of person was old Thompson, and you can imagine what it was like to be the people he borrowed through personal connections? The role of people gathering like is still obvious.

Lai Xiaohu estimated that if he was lucky, when the time came to repay the debt, the assets of the Thompson family would be repaid at a value of fifty or sixty percent, and if he was unlucky, he might not be able to repay the money if all the hotels and other fixed assets of the Thompson family were repaid at that time.

Either case, it would undoubtedly be a devastating blow to the Thompson family, and they would naturally try their best to avoid it.

After thinking about it, Lai Xiaohu felt that although he would not harm his own interests to help the other party, he could still help within his ability.

"In this way," Lai Xiaohu Chao Thompson said, "Your family's main predicament at present is those debts that may mature early, what if I come forward to guarantee for you, so that your debts will not be advanced?" ”

"This?" After Lai Xiaohu finished speaking, Thompson was a little hesitant, Lai Xiaohu vouched for their family, of course, it was a good way. But the key is whether the creditors of the other party are willing to accept Lai Xiaohu's guarantee? Or are they convinced or not to believe Lai Xiaohu? You must know that since Lai Xiaohu has vouched for the Thompson family, he will have to bear the corresponding obligations.

If, of course, it is said that if, if the Thompson family really does not pay off their debts in the future, then these debts will be transferred to Lai Xiaohu's head.

It can be said that Lai Xiaohu's decision itself carries great risks. And the reality is that even if he is willing to take this risk, the other party may not be willing to let Lai Xiaohu vouch? Do they know who Lai Xiaohu is? Besides, you are a Chinese, pat your ass and leave, you can't let us run to China to ask for debts, right?

"It's hard to say, it's up to the creditors to be willing or not," Thompson said, "and if you vouch,"

Thompson's words weren't finished, but they were already obvious. is to remind Lai Xiaohu of the risks. The last time his father cheated Lai Xiaohu once, Thompson undoubtedly didn't want to see such a situation happen again.

As for his father, Thompson has no sense of trust now, in case Lai Xiaohu guarantees it at that time, and his father cheats Lai Xiaohu again, Thompson will really have to apologize for his death.

"Don't worry about this, I Lai Xiaohu won't fall in the same place twice." Lai Xiaohu is not very worried about this.

Soon, after discussing in China, the two flew to Los Angeles again. Lai Xiaohu really wants the other party to come to China, but it is obvious that he does not have the strength now.

After arriving in Los Angeles, Lai Xiaohu first found Donald, he is still not familiar with some business rules in the United States, it is best to find Donald and ask.

There was good news from Donald, who told Lai that his idea was completely fine. And for those things that creditors may not necessarily believe in Lai Xiaohu, even Donald is willing to come forward to personally guarantee the Thompson family.

Undoubtedly, Donald did this for the sake of Lai Xiaohu's face, otherwise, he would not have done such a difficult and not necessarily thankless thing.

And with Donald's appearance, naturally everything will go much smoother. In terms of convincing, Donald is undoubtedly much higher than anyone in the Thompson family.

After Thompson went back, he also told his flying father about the agreement with Lai Xiaohu, and the two sides met for the first time after reaching an internal agreement.

The guarantee has changed from Lai Xiaohu to Donald, but Donald's guarantee is also conditional, in order to prevent the Thompson family from transferring funds, Donald asked to send his own people to all the industries of the Thompson family to supervise the operation of the Thompson family's funds.

Moreover, in order to prevent the Thompson family from making mistakes in decision-making during the repayment period, resulting in a large loss of family assets, so that the Thompson family was unable to repay the debt. Donald must be notified in advance of the Thompson family's major financial operations of more than $10 million during the debt repayment period, and Donald's consent must be obtained before the operation can be carried out.

This is crucial because, according to Donald's assessment of the current Thompson family's assets, the current Thompson family's assets are not much more than their own debts and interest combined. Therefore, during this period, a mistake by the Thompson family may lead to a situation where they are unable to repay their debts.

"How?" Donald asked Old Thompson.

Now the pressure has shifted to old Thompson, Donald's conditions are very clear, it depends on whether old Thompson agrees or not. Donald's conditions seem reasonable, but they are also extremely strict for the Thompson family, at least during the period of Donald's guarantee, almost the entire Thompson family will be under Donald's monitoring and command.

It takes a certain amount of courage to agree to such conditions.

"This is your last chance, but have you figured it out?" Donald continued. "I've heard that some of the private capital you borrowed at the beginning had a black *social* background, and you should know their temperament better than me."

Lai Xiaohu was shocked when he heard this, he didn't expect old Thompson to dare to borrow loan sharks, no wonder he was in such a hurry before. (To be continued.) )