Chapter 374
Chapter 374 Fifty Developers Challenge the Huber Family
The two representatives of the developer cooperating with the Eastern Business District.
They were Gerardo Meyer of Meyer Development Corporation and Edwin Cruz of Cruz Constructions.
The two people, sensing anger and a hint of threat in Ethen’s words, immediately stood up.
“Mr. Ethen, we also had our unspeakable secrets.”
“If we hadn’t brought up this issue at Mr. Donovan’s celebration, the Huber family wouldn’t have even considered negotiating with us directly.”
Ethen frowned, asking, “What’s the matter?”
Gerardo immediately said, “We, the fifty developers of the Eastern Business District, unanimously believe that the contract originally signed with us by the Huber family was entirely fraudulent and coercive.”
“Therefore, we demanded that the Huber family must sign a new contract with us, changing the stipulated investment projects in the original contract to our independent investment projects.”
Ethen gestured for the two to sit down.
“To the best of my knowledge, at the beginning of the cooperative
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Chapter 3.
Developers Chamenys inIO ITUUME
development of the Eastern Business District, the investment
cooperation contract between the Huber family and you was entirely established according to the overall framework planning document for the Eastern District development by the Merchants Bureau and the Department of City Planning.”
“The Huber Group also submitted the cooperation contract you signed to the city government for record.”
“After the review by the relevant departments of the city government, there were no issues.”
“There was absolutely no contract fraud as you claimed, nor any
violation of the city government’s planning and development guidelines.”
“What did it mean when you all gathered together and caused trouble for no reason?”
“Besides, you didn’t raise any objections when you first signed the contract with the Huber Group.”
“You all have already started undertaking the project in Eastern District for three months, each of you has invested a large amount of money.”
“Not only was there a huge amount of capital invested by you, but the Huber Group also devoted all its efforts to the industry in the Eastern
District.”
“The city government and various financial institutions also provided. strong support.”
“Did you fifty collaborating developers suddenly make a move? Is this a challenge to the city government’s overall urban planning?”
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Gerardo, the president of Meyer Development Corporation, gave a bitter smile.
“Mr. Ethen, you were the parent official of Hallcester, you were right. the city government did plan it that way.”
“However, reality was not as simple as you from the Department of City Planning and Merchants Bureau sketching charts on paper.”
“The market was ever–changing, and we, as developers, collaborated with the Huber Group for the sole purpose of making money.”
“Now, this contract with the Huber Group severely limited our own development. It was very difficult for us to continue.”
“We had just united to demand that the Huber family renegotiate the contract changes with us.”
“They said it was a change, but it was just a modification of one clause.”
“However, the Huber family repeatedly refused our requests, leaving us with no choice but to demand an explanation from the Huber family at Mr. Donovan’s banquet today.”
“Otherwise, how could we have had the ability to compete with a powerful family like the Huber family?”
“They were the wealthiest group in Hallcester.”
“We had no choice but to offend the old man. We hoped Mr. Ethen could stand up for us.”
Gerardo’s words immediately sparked a discussion among the Hashville
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elites.
“They were right, the Huber family was a colossal presence in Hallcester. Trying to reason with them was not an easy task.”
“The contract for the development of the Eastern Business District, they only signed it after negotiations, isn’t it a bit unscrupulous to back out. now?”
“True, but the law does not punish the many. The Huber family had invested hundreds of billions into the Eastern Business District. If all fifty investors fail to fulfill their contracts, the Huber family might be dragged down by them.”
Harold and Karina got up and walked to the reception area.
Karina said coldly, “Mr. Meyer, Mr. Cruz, originally the Huber Group invested hundreds of billions into the Eastern Business District, aiming to create a green living and leisure shopping center in Hallcester.”
“The overall planning of the business district aimed to benefit the people of Hallcester and fully met the requirements of the city government.”
“Back then, you saw the Eastern Business District as a big piece of fat meat, and you were desperate to cooperate with the Huber family to share this cake.”
“The Huber Group, in order to give back to the elders and folks of Hallcester, rejected more powerful investors nationwide and chose to collaborate with you, sharing the wealth of the Eastern Business District together.”
“You all knew in your hearts, what kind of return you would get from
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Chapter 374 Fifty Developers Challenge the Hube.. NôvelDrama.Org © 2024.
the investment in the Eastern Business District.”
“The initial cooperative development contract was voluntarily signed by you, no one forced you. Where do the allegations of fraud and coercion come from?”
Gerardo and Edwin, faced with Karina’s indifferent words, suddenly didn’t know how to respond.
Nathen stood up and said, “Ms. Huber, it’s not fair for you to speak like this. Mr. Meyer and Mr. Cruz worked hard to carn their money, it wasn’t easy for them.”
“Unlike you, the Huber family, who had a substantial fortune, could afford to play.”
The Huber family invested in the Eastern Business District, keeping all the highly profitable projects for themselves, and left the less profitable, even loss–making projects to others.
It was also stipulated in the original contract that they could never alter the investment development of the original project.
“Everyone, think about it, was this equal cooperation? Was this sharing the cake of the Eastern Business District with them?”
“This was entirely about having these fifty developers pave the way for the Huber family.”
Nathen’s words sparked a murmur of discussion within the banquet hall on the third floor.
“Looking at it this way, the actions of the Huber family were indeed
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quite unscrupulous. They were clearly throwing their weight around due to their wealth, bullying those businesses with weak capital. This was not cooperation at all. it was completely bloodsucking.”
“If it were me. I also wouldn’t be willing to accept such a method of cooperation.”
Inside the banquet hall on the third floor, several major families of Hashville, including some merchants from Hallcester. had all turned their spears towards Harold and Karina.