Novel Update
Chapter 191
Chapter 191
Jeremiah’s fist didn’t manage to land on Jackson’s face and was blocked.
The next second, he was punched heavily in the face.
He was badly beaten until he fell on the sofa. Crimson blood dripped from the corner of his mouth.
Now it was Jackson’s turn to grab his collar. He then said in a stern voice, “Jerry, you are not a child
anymore. Can you be a bit more rational?”
He had too many things to deal with. There was absolutely no more energy left for him to handle
anyone anymore.
However, Jeremiah returned to his senses and fought back like a madman.
Despite that, he was not as skilled in fighting as Jackson. Not only did he fail to hit Jackson, but he was
badly beaten.
He was thrown to the ground only when he had no strength left to fight back.
Jackson took a piece of tissue paper to wipe away the blood on his fist. Ignoring Jeremiah’s groans, he
picked up the bills from the ground and headed toward the hospital.
Since the shares were in his mother’s hands, he had to persuade her to sell them off!
When Jackson arrived at the hospital, there were reporters everywhere, waiting around to get the latest
scoop.
As soon as they saw Jackson, they rushed towards him in a frenzy, as if they were cats seeing fish.
“Mr. Yancey, do you have anything to comment about the state of the Yancey family going from a
prominent family to bankruptcy?”
Jackson seemed to have suddenly grown up and could face everything with calm and composure.
Instead of avoiding the cameras, he replied earnestly, “We deserved it.” Hearing this, the reporters
suddenly fell silent and looked at Jackson in disbelief.
The first reporter who came to his senses hurriedly continued with his question, “So are you admitting
on behalf of your parents that they set Cecilia Yancey up?”
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“Yes,” he replied.
Upon hearing this statement, the reporters became overwhelmed with excitement. All sorts of
questions swarmed in toward Jackson.
“Word has it that both Mr. Jeremiah Yancey and Mr. Jayden Yancey will have to pay an astronomical
price for the liquidated damages. Can they afford it with the current assets of the Yancey family?”
“Will you leave Quilton to make a living after the Yancey family goes bankrupt?”
“Given the current situation of the Yun family, do you regret hurting Cecilia Yancey?”
Jackson remained silent.
Almost all of the reporters‘ questions were quite unfriendly.
Nevertheless, Jackson was not angry at all and calmly answered several important questions.
He then pushed the reporters away and went upstairs to find Gordon and Sophia.
Many reporters admired Jackson’s magnanimity and gave him a thumbs–up.
He was given the title of “Candid King” by them.
In the aristocratic circle, people who were as candid as him were becoming increasingly rare.
Jackson had no idea that the once notoriously arrogant impression of him could someday be reversed.
As soon as he reached the ward, the sound of Sophia screaming could be heard from outside.
“Ah! The Yancey family can’t go bankrupt! I’m going to kill this bitch. Cecilia!”
Perhaps due to her excessive movement, Sophia had accidentally pulled her injured knee, causing her
to yelp out in pain.
Jackson pushed open the door of the ward with a straight face.
The sound of the door attracted Gordon and Sophia’s attention. They immediately lifted their heads
nervously and gazed toward the door. Seeing that it was Jackson, they breathed a sigh of relief.
Before that, Cecilia turned the situation around with videos and
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examination reports, and the deceived reporters were so furious that they nearly wanted to beat up
both Gordon and Sophia.
If it weren’t for the hospital’s claim that the patients needed rest, the couple might have been badly
beaten by the reporters.
Sophia asked, “Jackson, why are you here?”
Ever since Jackson fulfilled his promise to Cecilia by driving a tour bus at the racing track, and getting a
bus driver’s license, he had minimal contact with his family.
Jackson then split the bills in half before handing them over to Gordon and Sophia.
“Mom, Dad, take a look. I did some calculations and found out that our family’s current assets aren’t
enough to pay off the penalty fees, so you need to sell your shares in Chrystilia Corporation.”
Sophia immediately threw the breach of contract document at Jackson. “What nonsense are you
talking about?”
The Yancey family had gone bankrupt and lost everything. Later on, they not only had to rely on
dividends from their shares to survive, but also make a fresh start from them.
If they were to sell their shares, the Yancey family would be completely doomed.
While Gordon didn’t care about the company’s affairs, he knew how important the remaining shares in
his possession were.
“Jack, you don’t know how to do business. Yancey Corporation, no, I mean Chrystilia Corporation, is
currently on the upswing, and it will definitely get better in the future. There is a lot of potential for share
appreciation, so we shouldn’t sell them.”
However, Jackson didn’t understand them. “Now that the Yancey family is in this predicament, what
else is there that we can’t afford to lose? Furthermore, it’s only natural to repay one’s debts. If we don’t
return the money, the Yancey family will definitely end up in court. Once the verdict has been made, we
will still have to sell our shares. Why should we embarrass ourselves once more by being called debt
dodgers?” he scoffed inwardly.
“Mom, Dad. As I mentioned earlier, without selling the shares, we won’t be able to cover all the penalty
fees. By then, the court will enforce it.”
Hearing this, Gordon and Sophia fell silent.
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Jackson was right. They couldn’t keep the shares even if they wanted to.
Sophia picked up the breach of contract document that fell on the bed and asked Jackson as she read
it, “Jackson, have you done the calculations? How many shares do we need to settle all the debts?”
It was only by settling their debts that their credit score wouldn’t be affected. Otherwise, they could not
start a company in the future.
Jackson said. “I’ve estimated the lowest value of all our illiquid assets in the family, which is about 1.6
billion dollars, leaving a funding gap of about 2 billion dollars.”
On his way to the hospital, Jackson had already checked the share price of Chrystilia Corporation. If
they sold all the shares, not only could they pay all the penalty fees, but also pay off the refunds for
those paintings.
The rest of the money was just enough for the whole family to get through the crisis.
But when he said this, Gordon and Sophia objected.
“We mustn’t sell all our shares. We should just sell them in proportion to the funding gap, and keep as
many shares as possible.”
It was better for them to have a little left than nothing at all.
you
Jackson sighed and got straight to the point, saying, “Mom, Dad, do think Cecilia and Christopher will Text © 2024 NôvelDrama.Org.
let you keep your remaining shares?”
Christopher had prevented everyone from buying the Yancey family’s real estate assets, just to
pressure them into selling all their shares.
Even someone like Jackson could tell what was going on, so why couldn’t his business–savvy parents
understand that?
“Maybe it’s not that they can’t understand. They just don’t want to do so he scoffed to himself.
Hearing Cecilia’s name, Sophia was so angry that she felt her heart ache.
Just as she was about to curse, Jackson spoke first. “Mom, Dad, you’re both not kids anymore. Is it so
hard to admit that you made a mistake?”
If they hadn’t acknowledged their mistakes and made matters even worse, the Yancey family would not
have ended up like this.
He sighed, “If you don’t sell all your shares, I won’t care about the penalty I’ll just let the court enforce
it.”
With that, he turned around and left.
Sophia hurriedly called out after him, “Jackson, wait a minute!”
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After saying that, she paused for quite a while before speaking again. “I’ll authorize it to you later. You
can sell all your shares, but don’t sell them to Cecilia!”
Jackson was speechless.
Looking at Sophia, who was still ignorant, he said coldly, “Mom, believe it or not, no one will buy your
shares except Cecilia.”
It’s not that the others didn’t want to buy them, they just didn’t dare to do
so!
Rather than causing trouble until the very end and then selling them to Cecilia, it was better to give
them to her from the beginning.
Sophia was stunned before she reluctantly said, “Fine, just give it to her! She finally achieved her
goal!”
Ignoring whether Sophia was happy or not, Jackson immediately contacted Cecilia via email and told
her of his intention to sell their
shares.
Furthermore, he took the liberty of selling the shares to her at 90% of the market price.
Upon receiving the email, Cecilia immediately tasked her major backer, Christopher, with handling the
shares.