146 Preparation for M&A (2) – PART 1

The office manager from Hanbit Law Office—Se-Gil Lee seemed to be surprised when he looked at the papers that Gun-Ho showed him.

"Wow. These are a lot of papers. How many lawsuits do they currently have?"

"I believe it's 65 in total."

"This doesn't look good. They have way too many lawsuits."

He said while looking through the papers.

Gun-Ho looked at the office manager who was wearing a red t-shirt; his outfit for today was in a bright color overall. He seemed to be selective in choosing his outfit, but he didn't look elegant.

"Most of these are from the vendors who didn't receive the payments for their products, and 17 lawsuits are for unpaid wages."

"How many of them are issued payment order from the court?"

"There are 16."

"Once the court determines to revoke the court receivership, those companies with the court's payment order will start exercising their rights by bringing a sheriff's deputy."

"Really?"