After one night, the president wants to chase me

The next day, Shang Yucheng began to deal with his grandfather's funeral affairs and began to prepare for the funeral. He decided to hold a solemn farewell ceremony for his grandfather, giving his family, relatives and friends the opportunity to say goodbye to him for the last time.

Shang Yucheng, Karen, and Shang's mother, Shang Yuqing, began to sort out their grandfather's belongings and found that Mr. Shang had not written a will.

There is no clear successor to the 51% shares of the chairman of Chengyao Group

Immediately after the funeral, Shang Yucheng held a shareholders' meeting to vote for the new chairman.

Chairman Shang has 51% control of the shares, an inheritance of 1500 billion, and the sudden death of Mr. Shang. His eldest grandson Shang Yucheng, the president and CEO of Chengyao Group, was supposed to be the heir, but his second grandson Shang Yanlun (Kay Lun,) the CFO strongly objected, and the company's legacy war was triggered!

At the shareholders' meeting, shareholders also started talking. They thought that Shang Yucheng was the definite successor, because besides the chairman, he had the largest shares, but now it seems that things are not that simple.

Shang Yanlun (Karen) looked grim: "Since the old man did not leave a will, according to the law, the shares should be divided equally among the first-order heirs."

Another Zheng shareholder at the meeting said: "I know what you think, but we cannot let the company's shares be divided. This is not good for the development of the company and will also affect the interests of the family."

At this moment, Shang's mother and Shang Yuqing also walked in. They heard the dialogue among shareholders and realized the seriousness of the problem. Of course they protect Shang Yucheng. After all, they are Shang Yucheng's mother and sister.

"I think what Mr. Zheng said makes sense. We can't let the company's shares be divided just because the old man didn't leave a will." Shang's mother said.

Shang's mother continued: "Yan Lun, you only know one but not the other. According to the company's articles of association, if there is no clear first-order heir, then the inheritance will be inherited by the company's second-order heir. In addition to the chairman, Yucheng is The one with the most shares”

Shang Yuqing also nodded, agreeing with his mother's point of view.

Shang Yanlun's eyes flashed, "The first order of heirs includes spouse, children, and parents, so grandpa's inheritance should be distributed in equal shares. Auntie, since Shang Yucheng's father died young, my father Shang Zeqi is his first heir. , my father is not in the country now, so his share of the inheritance should be given to me."

Shang Yucheng's face was ashen, he didn't expect Karen to say this. He always thought that he would be the first heir, after all, he was raised by his grandfather. But now it seems that he is really not qualified to inherit the business's property.

Both he and Karen are just the grandsons of Mr. Shang, and have the same status. Although he is the president of the company and has managed and operated the company for many years, control rights and usage rights are two different things, and he also holds the largest 28% of the shares.

Shang Yucheng retorted: "Although grandpa did not make a will, he cannot let a foreigner inherit."

Shang Yanlun is the son of Shang Zeqi and an American woman. He is an American national.

Shang Yanlun sneered at this time: "Humph, Shang Yucheng, you are just a superficial CEO. Without the support of grandpa, you are nothing. Now you still want to compete with me for equity? "

Shang Yucheng turned blue with anger at Shang Yanlun's words, but he still firmly retorted: "In that case, let's inherit according to the law."

Shang Yanlun (Karen) said: "Okay, then I'll see you in court."

Shang Yucheng felt an unprecedented pressure, and his eyes were full of unwillingness and anger. He always thought that he was his grandfather's favorite grandson and the future of the business. But now, everything is uncertain.

He looked at Shang Yanlun with mixed feelings in his heart. He had to admit that what Shang Yanlun said made sense. Legally, Shang Yanlun did have the right to inherit. But he was still unconvinced. He didn't think that his years of dedication and hard work would be inferior to a foreigner who suddenly appeared.

Shang Yucheng took a deep breath and tried to calm down his emotions. He knew that the most important thing now was to calm down and think about what to do next.

He looked at Shang Yanlun with a sneer on his lips, "Okay, then I'll see you in court. I want to see which side the law will be on."

Shang Yanlun also showed no sign of weakness, "I look forward to that day coming."

The two looked at each other, and the air was filled with a strong smell of gunpowder. A battle for family property, and the outcome of this war will directly affect the future of the business.

Shang Yucheng took a deep breath and tried to calm down. He knew that an emotional response would not help in this situation.

"Shang Yanlun, do you know what you are talking about?" Shang Yucheng asked in a deep voice, "Do you really want to make the matter bigger and take it to court?"

Shang Yanlun looked at Shang Yucheng with firm eyes, "I'm not afraid, I believe the law will be on our side. My dad is grandpa's first-order heir. Now that my dad is gone, I should inherit on behalf of him. This is required by law.”

Shang Yucheng was silent for a moment, knowing clearly in his heart that what Shang Yanlun said was true. According to China's inheritance law, Shang Yanlun does have the right to inherit his father's share of the inheritance. Although he is the president of the company, his legal status is equal to that of Shang Yanlun in terms of inheritance.

"Shang Yucheng, you always thought that the company was yours, but in reality?" Shang Yanlun continued, "Without grandpa's support, how could you be where you are now? Don't forget, you are just a puppet."

Shang Yucheng was shocked. He had to admit that there was some truth in what Shang Yanlun said. Over the years, he did grow up under the protection of his grandfather, and then took the position of president of the company. But he has always believed that he has real power, and now it seems that he may only be a nominal president.

"However, don't be too discouraged." Shang Yanlun looked at the somewhat disappointed Shang Yucheng with a smile on his lips, "If you are willing to voluntarily give up the fight for equity, I can consider giving you some other compensation."

A trace of doubt flashed in Shang Yucheng's eyes, and he looked at Shang Yanlun and said, "What do you mean?"

"Now, I'll give you a chance." Shang Yanlun looked at Shang Yucheng and said, "As long as you give up inheriting the 51% of the shares, I can guarantee that your position and shares will remain unchanged, and I will also give you a compensation. gold."

Shang Yucheng said: "You are dreaming!"

Shang Yucheng knew in his heart that this lawsuit was not easy to fight. Although he is the president of the company, he alone does not have the final say in the distribution of the merchant's property.

The lawsuit between Shang Yucheng and Shang Yanlun has attracted widespread attention in the society and appeared on various media platforms. People have speculated on the outcome of the lawsuit.