Tokyo Barrister: Start the law firm bankruptcy

Chapter 905 Roar
Shima Miho quickly understood what Eto meant. That was to use the strike of the labor union to add fuel to the fire and force the cabinet to rescue Nippon Steel. In this way, bank debts, mortgage issues, etc. would not be a problem at all.

"Thank you Mr. Eto for your guidance." Shima Miho thanked respectfully into the phone.

After hanging up the phone, Shima Miho quickly secretly planned an action to exert influence on the union. The lowest level of the organization, the "devotees", who are the executors of specific affairs, began to take action. Suddenly, undercurrents surged.

The Tokyo High Court also soon issued a judgment on the offset of bank debts.

As expected -

The bank lost.

The relevant debt offset must be revoked.

The court ruled that this debt offset constituted an evasion of bankruptcy law and was therefore a prohibited act.

On the same day that the Tokyo High Court issued its ruling—

The union's vote count for the strike was also officially released.

Over 73% of union members agree to go on strike!!

……

……

……

Morning, 11:23.

The Sixth Steel Plant.

The sun near noon shines on the dark, huge factory gate. The steel workshop is the aesthetic extreme of the industrial production line, with the typical style of the Industrial Revolution. The towering factory building, the huge furnace, the occasional sparks, the harsh noise, the unpleasant smell.

The front of the Sixth Steel Plant was crowded with industrial workers. The huge crowd formed an oppressive scene. At the front of the crowd, there was a small platform.

The union secretary, Toyama, was on the stage.

Toyama held a simple microphone in his hand and looked at the workers in front of him with a serious expression:

"My dear brothers, I believe you have heard about the recent bankruptcy proceedings of Nippon Steel. Since the modern industrial revolution, it is the workers who have supported the operation of modern society. We endure working conditions that are worse than those in the past agricultural era, but we create the vast majority of society's output."

"We have our responsibilities and work hard every day. The wishes of everyone here are simple, just to hope that our families, partners and children can have a relatively decent life. We have no ambitions, no grand wishes, all we want is these specific worldly ideas."

"It is with this simple idea that we work at Nippon Steel year after year. We endure high temperatures, the risk of burns, and long working hours. Even without adequate protective clothing, we still do our best to complete production tasks!"

"I think our contribution to Nippon Steel is obvious to all and no one can erase it!"

Toyama raised his voice.

The speakers suddenly emitted some sharp signal noises.

"But! What did we get in return for all our hard work?!" Toyama looked at the crowd in front of him, "What did we get in return!!" "What we got in return was Nippon Steel's deception of us!!"

"According to the corporate governance arrangements of Nippon Steel, the supervisors elected by the union have the right to know the company's financial situation. But until today!! Our union representative supervisors have not received a single document on Nippon Steel's current financial situation!!! Everyone here, isn't this ridiculous!!"

"The management of Nippon Steel has deceived us again and again! They said that the factory has sufficient orders, but more than five steel mills have stopped production. They said that the company has financial problems and will notify us immediately, but we are the last party to know the bankruptcy news!!"

"They said they would guarantee the workers' wages, but in fact, they stopped the factory, so we couldn't get enough income to support our families! They said they would do their best to solve the debt problem. But we saw that a large number of accountants and lawyers hired by banks came in and wanted to turn all of Nippon Steel's valuable corporate assets into collateral for the banks!!!"

“You know what a bank’s mortgage means?
"If the assets are mortgaged to the bank, the bank's claims will take precedence over the employees' claims!!!" Toyama's voice echoed within the factory.

Hearing this, the crowd burst into boos and whistles.

Obviously, a large number of workers are extremely dissatisfied with the practice of asset mortgage.

"We are kind people. All we want is a job to support our family. However, the management of Nippon Steel has been playing tricks on our union and cheating us repeatedly. Such management has no integrity at all!!!"

"The management's style explains why Nippon Steel has reached this point today. How can a management that is dishonest with its internal employees still be honest when dealing with customers and suppliers?!"

"We will never resort to extreme means of confrontation unless it is absolutely necessary."

“We continually seek dialogue with management.”

"But the result we got was perfunctory."

"Constantly procrastinating."

“In the end, the company’s management refused to even meet with our union’s officers.”

"We believe that this approach by the management is seriously wrong and has harmed the rights of our union members as part of the company. This is a mockery of our years of hard work at Nippon Steel! It is a disregard for us! It is a contempt for us! It is a disregard for our lives!!"

"Now, the union's strike vote results are out." Toyama held up a document and showed it on the stage. "After counting, the union members chose to strike, and the number of votes reached 73%! Therefore, the strike proposal was passed! We, the union officers, are part of the service for the workers, and we must respect the choices made by the union members."

"I now declare—"

"The strike of the Japan Steel Workers' Union will officially begin at 12 noon today!!"

"The strike covers the first to seventh steel mills! During the strike, no one is allowed to enter the engineering workshop to work, and any external dispatched employees are not allowed to enter the factory area! All factory production lines are strictly prohibited from starting!!!"

"In this regard, our union has made the following three demands to the management of Nippon Steel!!!"

"All production equipment and production lines in the factory must be handed over to the union for management!"

“All cash must be handed over to the unions and companies for joint management!”

"All expenditures must be used to pay workers' wages first!"

"Our union will never surrender to any management that dares to infringe upon workers' rights!!!" Toyama held the microphone and shouted loudly!!!
The crowd's emotions were immediately ignited, and the overwhelming shouts immediately flooded in. At this moment, the workers' roars filled all the factories of Nippon Steel!
(End of this chapter)