Noon, 1:23.

Imanishi Law Firm, conference room.

"Are you going to rebel?!" Imanishi shouted at the two young men in front of him. This experienced lawyer could not control his expression at this moment.

Sitting in front of Imanishi were naturally Kitahara and Miyagawa.

After Kitahara and Miyagawa left Eto Law Firm in the morning, Imanishi made an excuse to leave the scene, then caught up with the two and took them directly back to his law firm.

When Jin Xi returned to the office with the two of them, many paralegals started talking quietly.

"Look! Look!!"

"Who is that?!"

"Isn't it the same one from a long time ago?!"

"Which one?"

"That's it, the one who kicked the director's door?!"

"That Kitahara lawyer?!"

"Yeah!"

"Oh my God, this world is so crazy."

"What happened? Who can tell me."

"The sky has changed, the sky has changed."

Many people at Imanishi Law Firm couldn't help but marvel when they saw this scene. The lawyer named Kitahara was actually still there, and he was actually brought back by the director!

In the conference room.

Listening to his father's question, Miyagawa lowered his head slightly and quietly tugged on the hem of his beige skirt. Miyagawa didn't know how to answer his father. However, Miyagawa still stubbornly believed that he was right and was a supervisor.

The people in the bureau went too far.

After shouting loudly, Imanishi felt helpless. At this time, he turned to look at Kitahara who was sitting next to him. Yes, since he walked into his law firm last year, it seemed that everything in his life had changed.

It begins to slide towards an unknown uncertainty.

"Don't you say something?! Kitahara!!" Imanishi looked at the young male lawyer and became even more angry.

Kitahara stared at the blank space on the table in front of him and was thinking. In fact, on the way back from Kyoto, he had been thinking about the series of events behind Eto. Looking back now, Eto Law Firm

It seems like a black hole with unfathomable secrets that can swallow up everything.

"I heard that the Tokyo Lawyers Association has been investigating the 500 million yen warehouse receipt pledge incident. What's going on now?" Kitahara raised his head and asked abruptly.

Imanishi didn't expect Kitahara to ask him a question, and immediately said in an angry voice, "Why, do you still want to inquire about the progress of the Bar Association's investigation?"

"I've pretty much checked it myself here," Kitahara said. "If nothing else, the thing behind the warehouse receipt pledge incident should be circular financing. Eto has done a lot of illegal warehouse receipt pledge business. He has assisted many copper traders.

He repeatedly pledged the same warehouse receipt to multiple banks in exchange for loans. It was equivalent to exchanging a batch of copper for many batches of loans. That’s why he wanted to destroy the pledged warehouse receipt that had happened.”

Revolving... revolving financing?! Imanishi was shocked when he heard this.

Actually using the same warehouse receipt to raise funds repeatedly, this is already a crime involving fraud.

Imanishi had to take a breath. He has been engaged in financial non-litigation business for many years and is well aware of the seriousness of this illegal behavior.

"My judgment is -" Kitahara continued, "This should not be an isolated case of Eto. I am afraid that the repeated pledge of copper bills in Tokyo Bay Port has become a common problem. So, next, I have a question for you. Lawyer Imanishi.

"

"I am not the prisoner you are interrogating, don't get me wrong!" Imanishi replied.

"Please answer me truthfully. Lawyer Imanishi, you are a senior lawyer in the field of financial business, especially regarding bank financing business, bond issuance, etc., you are a first-class expert in this area. Therefore, I believe that Imai Nishi Law Firm,

It is a firm that can feel the changes in the financial pulse.”

"So, next I want to ask," Kitahara said, "whether the commodity financing business undertaken by the law firm increased by a large proportion last year and this year."

Imanishi felt that the more Kitahara spoke, the more exaggerated he became. If according to what this young male lawyer said, if repeated pledges of copper warehouse receipts were really a common problem, then the banking industry in Tokyo would definitely face an unprecedented wave of bad debts, and even

It may trigger a national financial crisis.

"Unfortunately, Lawyer Kitahara, your view is not correct. The law firm's commodity financing business has not grown significantly," Imanishi said.

When Beitahara heard what Imanishi said, he couldn't help but fell into deep thought again.

Could it be that his judgment about repeatedly pledging warehouse receipts was wrong? Maybe Eto is doing other things?

The more I think about it, the more confused I become.

The more I think about it, the less I have an answer.

The more I think about it, the more confused I become.

Kitahara stood up and glanced outside the conference room inadvertently. He still vaguely remembered coming to Imanishi Law Firm last year. Suddenly, he found that the office area in the north of the firm seemed to have expanded. In his impression, at that time, this

The north area of ​​the 2-storey office building has not yet been rented.

"Lawyer Imanishi, I would like to ask the office lawyer in the northern area of ​​the firm——"

Imanishi couldn't help but smile when he heard Kitahara asking about the northern area. Because the office expanded this year, and the northern area was his newly formed department.

"This is the new department I established this year, which is the factoring business department. A total of 36 new lawyers have been recruited, as well as nearly 80 paralegals, with a total scale of hundreds of people. It was established only a short time ago, but it is already one of the most popular in the firm.

Pillar income.”

The moment he heard the word "factoring", Beihara felt that the fog in front of his eyes was dispelled.

Yes.

That’s it!

My judgment is correct. Repeated pledge of warehouse receipts has definitely become a common and serious problem!

【Factoring business】

[The so-called factoring business refers to pledging accounts receivable to financial institutions to obtain financing. For example, someone owes you 1,000 yuan and agrees to pay it back next year. But before next year, you can use the 1,000 yuan repayment

The collected accounts are mortgaged with the bank and exchanged out, for example, 980 yuan, deducting interest expenses. This business is factoring. Its essence is also secured financing, but the object of the guarantee is accounts receivable]

This chapter is not over yet, please click on the next page to continue reading! "Lawyer Imanishi, please answer me immediately! What kind of factoring are these about?!" Kitahara shouted immediately.

"You...why are you so loud all of a sudden?!" Imanishi was stunned.

However, in the next second, Imanishi's face suddenly turned pale.

Yes, the law firm just established a factoring business department this year.

And most of these factoring businesses, he remembered, were related to copper trading.

Specifically, it is factoring business for copper imports.

And it is a model that has only emerged in the past two years.

Foreign copper producers export copper to Japan and need to collect payment from Dongyang importers. Dongyang importers introduce Toyo banks to foreign copper producers. These foreign copper producers pledge their accounts receivable to

Toyo's banks. Toyo's banks issue financing to foreign copper producers, thereby earning foreign exchange interest differentials.

At the same time, because domestic copper importers have copper warehouse receipts as guarantee, the import factoring business is almost guaranteed to make a profit.

In other words, the so-called factoring business newly established by Imanishi Law Firm.

Regarding the factoring business of copper imports, the underlying assets are still copper warehouse receipts.

No change, it’s still the same!!!

Just changed the form!!

All of this is consistent with what Beihara said.

If what Beihara said is true, then his law firm is tantamount to laying a landmine that can explode at any time!

Imanishi suddenly felt a little dizzy.

At this moment, Beihara was in the conference room, looking at the newly established factoring business department in the distance.

Lawyers in the north area of ​​the office hall are working in full swing. They answer the phone from time to time, confirm the details of factoring business with banks, or contact foreign copper producers through emails. There are thick sheets of paper everywhere on the desks.

1. The agreement document on the copper import factoring business.

Everything seemed so smooth.
Chapter completed!