Chapter Three: Buying a Factory Made of Debt

Board seats, voting proxies, seals, and bank credentials could establish factual control. “Do not transfer frozen equity yet,” he said. “Execute an operating trust and convertible restructuring claim. Old shareholders delegate all legally delegable voting rights to me irrevocably. I nominate three of five directors. The company seal, finance seal, and bank token transfer to joint custody.” The lawyer considered it. “Legally workable, but every shareholder must sign.” “One is unreachable,” Tang said. “My former wife, Lin Hui. Eight percent. She is on the way to the airport.” Zhou grabbed his keys. “Too late to chase her.” Shen called Lin Hui and made no appeal to sentiment. “Your shares are frozen.