Tokyo Barrister: Start the law firm bankruptcy

Chapter 849 Revitalizing the Fighting Spirit

In the law firm's office, Shiga's emotions were somewhat out of control.

After all, no one can bear such a gap.

Just when you finally think you have changed your destiny, the heavens play a big joke on you. It is no exaggeration to say that Shiga is now heavily in debt.

He thought his life was going to be smooth sailing, but he fell into an abyss.

And all this is because of Nippon Steel.

"Mr. Kitahara, do you really have any solution?" Shiga asked dejectedly.

The contractor in front of them had indeed posed a huge challenge to everyone present.

Faced with so many obstacles, how can we realize the debt?

This is a very tricky situation.

Moreover, according to the information Kitahara got from Kumimon, Nippon Steel has already held a meeting with its major banks to waive interest rates. Nippon Steel's current financial situation should be very bad.

So, where is the solution to break the impasse?

Kitahara knew that even though Nippon Steel owed contractors 28 billion yen in debt, it was only a drop in the bucket compared to the debts Nippon Steel owed to banks and other large financial institutions. Debtors of this size would probably not be heard even if they wanted to speak out.

The only way is to unite.

"What's the status of other contractors?" Kitahara asked.

"It's basically the same as mine," Shiga said. "Everyone is in a very bad situation. We have all been squeezed by Nippon Steel to the point where our cash flow has broken down. Think about it, Nippon Steel has issued so many so-called A certificates, and contractors like us are all locked into its supply chain system."

“What are the emotions of these people right now?”

"We are at our wits' end. We are all small business owners," Shiga said. "We are all middle-aged people like me, with elderly parents and young children. Now we are suddenly facing business difficulties and are heavily in debt. We can't bear it and feel very desperate. Several people even thought about committing suicide."

"Is it possible for you to unite together?" Beiyuan looked at the middle-aged man in front of him. "I believe Mr. Shiga also knows that you have been rejected countless times when you were collecting debts from Nippon Steel. You also need to know that since Nippon Steel has fallen into operational difficulties, it is definitely not just you contractors who are collecting debts from Nippon Steel."

"In other words, if you contractors can't form a solid alliance, your chances of winning are basically slim," Kitahara said.

Hearing the words "the chances of winning are slim", Shiga's heart suddenly skipped a beat.

"But if you can unite together-" Kitahara said, "perhaps there is a way to win."

Suddenly, hearing the possibility of winning again, Shiga raised his head abruptly. He saw the eyes of the male lawyer in front of him. The lawyer was very young, but he could feel a firmness beyond ordinary people from his eyes. Behind this firmness, people felt confidence, as if as long as they followed the young man in front of them, no matter how ambitious they were, they could achieve it.

"I... I need to do this specifically!" Shiga said immediately, "What do I need to do?"

"Find the contractors you know," Kitahara said, "and ask them to entrust me as their representative lawyer. The more the better. Only when we have a large enough amount of debt claims can we compete with Nippon Steel."

"Okay...Okay! I'll contact them now!" Shiga said excitedly.

In the office, the male lawyer proposed a bold plan.

That is to unite hundreds of contractors to fight against Nippon Steel.

Shiga is probably the contractor who is owed the most.

Other contractors may not owe so much money.

However, if they can really unite and form a total debt of tens of billions of yen, then they will really have a competitive edge.

"I think many contractors would agree," Shiga said.

"But don't be too optimistic yet," Kitahara said. "Forming a creditor alliance also means that none of you can privately settle with Nippon Steel and get the money back. Each company has a different degree of urgency in its cash needs. Some may be willing to join, while others may not."

"But there is no other way," Shiga responded, "I will try my best, and I believe in Lawyer Kitahara!" Kitahara brought a little hope to the contractor.

At least, it's better than having no hope at all.

I don't know why, but it always feels strange when people meet each other.

From the first moment he saw Kitahara, Shiga felt that he was someone he could trust.

Obviously we don't have a close relationship.

It was obvious that the other person was a young man.

But during the brief conversation, I was willing to entrust my own affairs to him.

Niwa, who was standing next to him, was already slightly surprised when he heard the conversation between Kitahara and Shiga. If these hundreds of contractors really united to take action against Nippon Steel, it would be explosive news. Think about the special significance of Nippon Steel to Toyo.

If hostile actions were really taken against Nippon Steel, it would probably mean standing in opposition to the economically booming generation of the East.

Who would allow this?

This is almost like becoming the public enemy of the entire East.

In a trance, Niwa looked at Kitahara's figure.

It seems like we are back to that time again.

That was when this Kitahara lawyer filed a class action lawsuit against Kawamoto Expressway.

Doesn't this lawyer always act like this?

Always in unexpected ways.

Everyone in the office talked for a while. Kitahara simply taught Shiga some negotiation and persuasion skills, and then sent him the corresponding documents, which he could print out for the contractor to sign. After he reminded him of the key points, the gloom on Shiga's face was swept away.

He has not done anything during this period of time.

The business has collapsed.

The debt cannot be collected.

Shiga was too ashamed to face his family, so he could only wander the streets day and night with a bottle of wine.

Now, suddenly there was something he could do again, and Shiga's decadent expression began to cheer up again.

Soon, the small business owner walked out of the law firm.

In the law firm, only Kitahara, Niwa and Miyakawa were left again.

Although Miyakawa was also somewhat excited when she heard Kitahara's words, she was now able to look at things more calmly.

Even if hundreds of contractors are joined together, it will have a huge momentum.

However, the core issue facing us has not yet been resolved.

How can one get back his share among so many creditors?

"Kitahara, how are we going to win?" Miyagawa's voice rang out.

(End of this chapter)