When Hua Xia's government made their announcement, John and the rest received a message from their headquarters to settle with the other party immediately.
Hua Xia is an emerging market with high potential, and they must not give up on it. Many companies felt that Hua Xia's market growth will be their main growth point in the future.
They had been developing this market for so many years, and it's time to reap the rewards. How can they withdraw from this market? The so-called divestment was just a bluff.
Hua Xia had been focusing on this bluff in the past. But now, they had seen through it, and it's useless.
John and a few other people in charge of Hua Xia's companies were transferred away, and the company sent new executives to take over their jobs.
Transferring the previous executives away was also a gesture. This means that we had given them an explanation, and this matter should be resolved.
Resolved means that they do not want to pay compensation. They will not go to court with CCTV and will settle the dispute. This will ensure the authenticity of their advertisements in the future.
"Boss, the other party's lawyer had asked us to meet. They hope we can settle out of court." Wilson reported. "This is more beneficial to us. If we settle out of court, we will not have to pay those law firms a lot of money, and we will get the most out of this."
Feng Yu rolled his eyes at Wilson. Look at how petty you are. You had promised someone money, and you still want to take it back? Furthermore, we are not the ones paying for this.
"Even if we settle out of court, we must bring along the representatives from other law firms. We cannot disregard the other party's benefits. Also, you should report this to Station Chief Jia and not me. You are CCTV's chief lawyer now. "
Wilson immediately said. "Someone had reported to CCTV's Mr. Jia. I think Boss must have his reasons for this."
At this time, Station Chief Jia called. "General Manager Feng, the other party wants to settle out of court. Can you agree to this?"
"Yes. According to the procedures, we can sit down and talk. We can lower the compensation amount, but it cannot be too low. After all, we lawyers also need to earn money. But you can tell them that the internet company and Tai Hua Supermarket will not sue them, but they still need to compensate them. They can ask for lesser compensation. "
"Aiya, then aren't you losing out?" Chief Jia said hypocritically.
In fact, he was most willing to accept such an outcome. Not only they will get benefits, but they can also showcase CCTV's dominance. Even when facing a foreign company, CCTV is still powerful. As for the possibility that Feng Yu might really suffer a loss, he reckoned that Feng Yu wouldn't care about how much Feng Yu's annual income was.
"Alright, there's no need for us to play this game. But do you have any idea how to negotiate? "Feng Yu asked.
"Aren't we talking to the lawyers?" Chief Jia asked curiously.
He had spent so much money to hire a professional lawyer. Was it really necessary for him to do it himself? He only needs to go through the motions and attend the meeting. Furthermore, although Feng Yu had negotiated a lot of contracts at CCTV every year, he was still not as good as those overseas lawyers. When Feng Yu heard that the compensation amount was more than 3 billion USD, he was shocked for a long time. But those lawyers were calm when they heard the compensation amount.
"Chief Jia, didn't you ask the higher-ups for their opinion?" Feng Yu hinted.
"I had asked. The higher-ups said that as long as it is not against the law, they will support any normal business practices."
"But think about the strategy of the higher-ups to attract investors. Shouldn't they be more conciliatory?"
Chief Jia finally understood what Feng Yu meant. "You are saying that the lawyers and I will be playing the good cop and the bad cop? The lawyers will be pressuring us, and I will be the good cop? "
"Of course. You will be the good cop. You are not only representing CCTV. You are also representing Hua Xia. This is an opportunity for you to show off our country's grace. "
Chief Jia: "… …"
You had come up with such a high compensation amount, and you still want to talk about grace?!
Also, you are the one who started this from the start. If you want to talk about grace, why did you sue them?
"Then how much compensation is appropriate?" Chief Jia asked.
Chief Jia was more concerned about how much money he could get. This was real revenue, and it was also his political achievement.
"Chief Jia, let me give you a small suggestion. You better hand over the compensation amount to the higher-ups. Also, don't forget our initial motive. We want to buy back our former national brands. We need money to buy back our assets. "Feng Yu reminded.
"General Manager Feng, you are saying that you had come up with this compensation amount to let us buy back our assets?"
"Of course. I am doing this for the sake of the country." Feng Yu rubbed his nose. He had not thought of so many things in the past. He only wanted to create trouble for those companies and lower their brand value.
But Zhong Qingxian reminded Feng Yu that this matter had blown up, and Feng Yu should not get involved. Let someone else buy back the assets. The government had started to pay attention to national brands, and Zhong Qingxian believes that they will handle this matter well.
If the country does not have the money to buy back their assets, then Taihua Holdings will "help." This will prevent the image of a company competing with the country for profits.
Feng Yu thought for a while and felt this was the case. If the higher-ups thought that Feng Yu had created such a mess to buy back some companies, it will not be good for him.
He was doing this out of goodwill, and he did not want to ruin his plans.
"General Manager Feng, I understand. I will discuss with the higher-ups and know what to do. But this way, the compensation amount will be much lower. "
"Remember, at least one company's compensation amount must not be too low. We must set a benchmark for future companies to pay more attention to this. Of course, we can give some compensation in private, but the compensation must be high! "
Thunder roars, and so will the rain. This is the right way.
In the future, those foreign companies will have to think twice if they want to take over Hua Xia's assets. Of course, Feng Yu will not find fault with them one by one. But no one will dare to take advantage of Hua Xia's national sentiment.
It's fine for foreign investors to invest or acquire. Feng Yu will not make things difficult for them. He is also expanding overseas, and no one is making things difficult for him.
Feng Yu also instructed Wilson on how to cooperate with Station Chief Jia. He told Wilson to show that China is a superpower and will not stoop to the level of those companies. It's not that they cannot seek compensation from them.
Also, Feng Yu must let those companies know what they can and cannot do in the future. They must spit out what they should spit out!
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