Minsheng Bank sued Oceanwide Holdings, Lu Zhiqiang, etc., claiming over 7 billion yuan in compensation!

Recently, Lu Zhiqiang, chairman of Oceanwide Holdings Group, was sued, claiming more than 7 billion yuan in compensation. The plaintiff was Minsheng Bank, which Lu Zhiqiang served as vice chairman and participated in the founding of. Minsheng Bank claimed that the two Wuhan companies failed to fulfill the obligation of repayment of nearly 7 billion yuan according to the contract, while Oceanwide Holdings and Lu Zhiqiang failed to fulfill their guarantee obligations. Lu Zhiqiang has played a key role in Minsheng Bank since its founding in 1996, and Minsheng Bank has been supportive of Oceanwide even as it faces financial difficulties. | Related reading (e company)

Lawyer Tian

Lu Zhiqiang and Oceanwide Holdings behind him were once an eye-catching participant in the domestic commercial market. However, with the country’s regulation of the real estate industry, the real estate industry began to cool down. Oceanwide de-realized while transforming into finance. success. Slow transformation, bond defaults, thunderstorms in trust products… This is basically a failed sample of a real estate company’s transformation. However, Lu Zhiqiang has always been the vice chairman of Minsheng Bank. Oceanwide Holdings and Minsheng Bank have been inextricably linked for so many years. Under the burden of debt and loans, it seems that they can only settle accounts in court.

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