"You really are..." The agent shook his head helplessly.
The truck director shrugged and said, "I've always been like this."
A few days later, the New York court opened the trial for the largest betting case in history.
Media from all sides had already thronged the area outside the gate, making it impossible to pass. This shows just how many media outlets had come.
Xing Baohua did not go to the scene in person; his legal team of more than a dozen people could handle it.
All the responsible parties who signed the agreement were present, and the opposing legal team was also quite large.
This was clearly a unique verbal battle.
Actually, it's too early to file a lawsuit at this point, since the outcome is still unknown.
The index hasn't dropped below 1,000 points yet, has it? Although it was just over 100 points away from rebounding.
Anyone with a discerning eye can see that it will definitely break through 1,000 points.
It's just a matter of time.
So here's the problem: if the court supports the invalidation of the betting agreement, and something unexpected happens that causes a complete rebound, meaning the price didn't break the 1,000-point mark within the agreed-upon timeframe.
What will these people think?
Will the court reopen the case? They're capable of doing such bizarre things.
Both sides' lawyers submitted materials, one to prove the validity of the performance-based agreement and the other to prove its invalidity.
Large-scale cases like this, involving substantial sums of money, cannot be resolved with just one or two court hearings.
The court session lasted only a little over two hours before being adjourned, with the hearing to resume at the next hearing.
As an outsider, Xing Baohua's company suffered some losses.
One of the measures that was supported by the judge in court was to temporarily freeze all funds related to Xing Baohua's betting agreement, including Xing Baohua's principal.
The reason given is that the judicial authorities need to investigate the legality of all agreements and whether the source of the betting funds is legal.
The vast majority of the principal was borrowed by Xing Baohua, with only a portion transferred from other countries for the bet against Lehman Brothers.
Whether the funds are frozen or not doesn't really matter, since they've already been deposited into a third-party bank account as collateral. Xing Baohua can't access these funds until the outcome is clear.
But being frozen by the judiciary is different; the freeze will only be lifted once the case is concluded.
If the betting outcome is determined midway through, Xing Baohua will likely try to transfer the money.
Well, the results came out, and Xing Baohua couldn't take it away either; in fact, the principal was frozen.
It's common for lawsuits to drag on for years in the United States, resulting in billions of dollars being frozen.
Just imagine how painful that must be.
Xing Baohua saw his legal team on television and, after leaving the New York Institute of Law, was surrounded by reporters for interviews. He angrily said some unfair things.
Well, whether it's fair or not, that's how it is now. We'll just have to wait for the next hearing.
While watching TV, Xing Baohua received a call from Morgan.
"Xing, you need to set aside some money to hire a lobbying team to help you, and you can even fund some members of parliament to help them gain more influence."
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