The businessman Chen Zhencong lost the case of the late Chinachem Group's former chairman Gong Ruxin's estate. He was later convicted of forging a will and sentenced to 12 years in prison.
At the same time, he was filed for bankruptcy by the other party because he owed the Chinachem Charitable Fund in the estate and subsequent appeals, involving approximately 28 million yuan.
When the case was dealt with in the High Court today (12th), the judge ordered Chen Zhencong to go bankrupt.
However, when Chen was ordered to go bankrupt, he did not see any impact on his mood, and said with a smile that he had already lived a bankrupt life after he was released from prison.
However, the bankruptcy order has saved him from worrying about his debts.
After Chen was ordered bankrupt, he instructed him not to worry about debts
When he was awarded bankruptcy by the court, Chen Zhencong told the media that the bankruptcy order had no actual impact on him. He jokingly said that his life "has been restricted to the greatest extent," and bluntly said that he "has no credit card, no money, nothing," and then revealed After he was released from prison, he was already living in bankruptcy, but the bankruptcy order saved him from having to worry about his debts.
He also explained that applying to the court for an extension of the bankruptcy order is for justice. I believe justice will be manifested. Unfortunately, justice has been hurt.
As to whether the lawsuit will appeal against the bankruptcy order, he said that he would discuss with the lawyer and continue to apply for legal aid. If the conditions are right, he will not rule out an appeal.
He said that the current focus will be on the case against Chinachem Charity Fund in Xiamen, mainland China. He also said that he believes that the results of the case will show that someone commits a crime and has him in unjustified prison for 8 years.
He also revealed that he had raised money and paid Chinachem more than 20 million in legal costs, but he knew that someone had broken the law and put him in jail, so there was no reason to continue to raise money.
The judge revealed that Chen Zhencong did not pay the fees and therefore no longer represents the law firm
The lawyer representing Chinachem Charity Fund first stated that the money involved in this case was derived from the costs of the Gong Ruxin's estate and subsequent appeals.
However, as of August last year, Chen owed approximately 28 million yuan to Chinachem Charity Fund.
One side of the fund stated that Chen Yu filed a civil lawsuit in the High Court last year, alleging that Chinachem Charity Fund and a law firm conspired to raise lawsuit fees illegally, causing Chen Zai's estate and forgery of wills to lose one after another.
However, the fund side questioned that Chen only knew the relevant claims as early as 2016 and 2017, but did not file a civil lawsuit until last year.
The fund side emphasized that the allegations were untrue.
And even if, as Chen Zhencong pointed out, there is a problem with fund-raising lawsuit fees, it cannot be said that the ruling of Gong Ruxin’s estate case is unstable.
Chen Zhencong explained in person that he was already represented by the lawyer in this case, but the law firm said three days ago that it would no longer represent Chen.
He therefore applied for legal aid, but failed to complete the relevant information in a short time.
Judge Chen Jingfen said in court that the court had received a letter from the law firm. The law firm stated that Chen had not paid the fees and therefore no longer represented Chen.
The Chinachem Charity Fund involved in arrears of 28 million yuan today asked for an order for Chen Zhencong's bankruptcy officer to postpone Chen Zhencong’s release from prison | Floor 01 Directly attacked his wife and striving for semi-ownership. Chen Zhencong alleged that Chinachem Charity Fund and others involved fraudulently demanded compensation for its loss of contention and apologized for the report. Hug with relatives and friends, first worship the dead mother and then eat wonton noodles
▼Chen Zhencong was released from prison on July 3▼
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Refers to the wife's refusal to sell the joint-owned property
He continued that he had been working hard to meet the legal costs and had paid part of the money during his sentence.
But he frankly admitted that he "has no money anymore," and also said that he and his wife jointly held the property, but the other party refused to sell the property.
The two quarreled over the sale of the property, and they divorced in 2017.
Chen Zhencong also stated that he had filed a lawsuit with the Xiamen Court for the illegal collection of lawsuit fees by Chinachem Charity Fund, and the case has been scheduled to open in November this year.
Chen emphasized that the case "may reveal the truth," including the credibility of witnesses in the estate case.
He also emphasized that it was not this way to avoid being ordered bankrupt, and he had sincere enough to pay off the costs.
If he is awarded bankruptcy, the fund will fail to get the money back.
He asked the court to give him time to apply for legal aid to handle bankruptcy cases, and to negotiate with his wife to sell the property and pay the arrears of legal costs.
However, he admitted under the judge's questioning that he still owed Gong Ruxin's estate administrator and the tax bureau arrears.
Case number: HCB6563/2020
