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Le Video Network: Required to Pay Equity Repurchase Payment at once for 178 million yuan

via:新浪科技     time:2018/12/7 20:09:13     readed:51

In addition, the applicant also applies for a ruling that the respondent shall bear all the cost of the case's blanking and property preservation.

The company said it would actively respond to the lawsuit in order to avoid damage to the rights and interests of the company and small and medium-sized shareholders caused by the above violations and protect the interests of the network.

If the company wins the lawsuit, the rights and interests of the network and minority shareholders are protected, and the company is exempt from any liability for compensation and repurchase, the company's contingent liabilities will be alleviated, which is conducive to the subsequent production and business recovery.

If Le Video loses the lawsuit, Le Video will continue to pursue and prosecute the relevant responsible persons and related companies according to the repurchase and other compensation liabilities, debts and so on. The affiliated party and the affiliated company shall bear all the losses caused by the violation to Le Video Network.

At the same time, the network will try its best to collect the receivables of related parties, safeguard the legitimate rights and interests of small and medium-sized shareholders of the network, and protect the interests of the network through legal means when necessary; the network will require the non-listed system related parties to pay their debts in cash first; the related companies have not met the aforementioned situation. In the case of gold repayment, Le Video preferred to claim Faraday Future-related assets or equity for debt repayment.

Related articles:

Le Video Network Announcement: If the creditors do not repay their debts in time or start judicial proceedings

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