How much do you know about Wang Sicong's enterprise 1 1 10,000 debt auction?

The auction is part of the bankruptcy liquidation procedure of Panda Interactive, with a total value of 55 million yuan. The auction of creditor's rights is essentially the right to claim the transfer of creditor's rights, that is, the debtor's creditor's rights are transferred to a third party, and the third party has the right to directly recover the debts from the debtor. According to the provisions of the Civil Code, the creditor only needs to notify the debtor when transferring the creditor's rights, without obtaining the debtor's consent. Specifically, in this case, this auction has a claim of 2 1. The analysis of the auction content shows that four lawsuits are in progress, two cases have not been filed, and the rest 15 has entered the execution procedure. The analysis of these 2 1 accounts receivable shows that the implementation of 15 accounts receivable is relatively difficult. ?

They have entered the implementation process. It will be less difficult for the transferee to obtain the creditor's rights, and it will be easier to estimate the recoverable debt amount. Relatively speaking, the income will be more certain, but the remaining six debts are difficult to determine. First of all, it is uncertain how many judgments the court can make in these four lawsuits. After the judgment, it also involves the execution procedure. No one knows how much money can be executed. The income of these four debts is not easy to estimate, and the remaining two accounts receivable are even more difficult. Because no lawsuit was filed, the result is unknown. The cost of filing a lawsuit and applying for enforcement alone is not a small expense, and it is even more unknown how much it can be recovered.

So this debt auction seems to be very profitable (close to 400% profit rate), but the auction cost is difficult to recover, otherwise it will not be so easy to auction debt. At the same time, the auction of creditor's rights depends not only on the difficulty of recovering the accounts, but also on whether the limitation of action for creditor's rights has passed, whether the creditor's rights are mortgaged or guaranteed, whether the creditor's rights are recovered and many other risks. Creditor's rights are allowed to be transferred. There are many legal traps in this. Space is limited, so I won't go into details. I will talk about this topic slowly when I have the opportunity in the future. Panda Interactive Entertainment is a limited liability company, and Wang Sicong is only its largest shareholder. According to public information, Wang Sicong is the chairman of Panda Interactive Entertainment, and its wholly-owned Yujun (Huzhou) Cultural Development Center is the major shareholder of the company, holding 40.07% of the shares.