total offensive
“We have filed complaints in German, American, Dutch and Chinese courts. As a result of analyzing the patent, the probability of winning is very high.”
The first company Eugene acquired, Fückler Zimmermann, is a precision machinery company located in Frankfurt, which is now generating profits little by little after normalizing it through steady investments.
Through technological exchanges with Seongjin Precision, which is run by Eugene’s father, both companies’ technological prowess has increased, and profitability has also improved as a result of supplying new parts to Dasan Motors.
But there is something else that is important to Eugene.
It is the fact that Fückler Zimmermann’s patent is being used without permission by Daeyang Heavy Industries.
In his past life, Eugene knows that a Chinese company has taken over Fückler Zimmermann Precision Machinery, and then finds out that Daeyang Heavy Industries has applied for a similar patent to the company’s patent and is fighting a legal dispute.
That is why Fückler Zimmermann had taken over the company before it was taken over by a Chinese company.
“It would have been nice to have the patents available in more countries.”
Unfortunately, Fückler Zimmermann has applied for patents only in Germany and its neighboring countries, the Netherlands, the United States and China, not large corporations. In fact, that alone would have been quite a burden.
When Eugene took over, it was too late to apply for a patent in other countries, so there was no real profit.
But it doesn’t matter. The United States and China, Germany and the Netherlands alone can be effective enough.
If a patent dispute is won, a vessel built using the patent cannot dock in the prevailing country.
In the past, the Chinese company that acquired Fückler Zimmermann filed lawsuits only in Germany and China, and Daeyang pays an undisclosed amount of compensation to purchase the patent.
Of course, Eugene has no intention of selling this patent to the ocean.
Rather the opposite. Even if it doesn’t, I plan to use it to corner the Daeyang Group, which is in a desperate situation.
After the short selling was over, the stock price of Daeyang Heavy Industries fell again below the previous floor of 14,000 won.
A company with a market capitalization of 100 trillion won a month ago is now barely exceeding 1 trillion won.
Eugene had enough stock to acquire Daeyang Heavy Industries through SS Partners and several US investment institutions, but Eugene does not want to acquire Daeyang Heavy Industries.
Even in such a messed up situation, the owner family of the Daeyang Group will never let go of Daeyang Heavy Industries.
This is partly because of the stake in the affiliates owned by Daeyang Heavy Industries, but also because the shipbuilding industry should not be exposed to fraudulent accounting that is hidden internally.
Therefore, Eugene hid the stake he owned and began to harass Daeyang Heavy Industries.
“How are you anyway? Do you like your home?”
After the report, Eugene took a moment to ask about Eric Holder’s current status.
“Are you just liking it? The housekeeper is very happy. After staying in Washington all the time, I came to New York, because I never thought I would be offered such a wonderful mansion. In fact, I decided to go with Eugene because Sharon wanted to live in New York. I’ve lived in Washington for 45 years. It’s already been 26 years since I married Sharon.”
Seeing them show their satisfaction without a break, it seems sincere.
It is rather strange that Hagi is not satisfied with the conditions of a large condominium overlooking Central Park, an annual salary of $10 million, and an additional fund for employees.
Eugene didn’t overpay, given Eric’s influence, a legendary Washington lawyer, who has been aligned with Clinton as Attorney General and Obama as Attorney General.
“I thought it would be uncomfortable for Dr. Sharon to have to go to the hospital.”
Eric’s wife, Sharon, who worked as a prominent obstetrician-gynecologist in Washington D.C., appears to have started a new practice in New York. Anyway, that she’s satisfied is a good thing for Eugene as well.
“Please find me sometime. Sharon wants to see Eugene again.”
“I do that. Please tell Sharon that the cookie went well.”
He thanked Eric for bringing his wife’s cookies, saying it was a small gift.
All in all, it seemed that the relationship with the former Justice Minister inside and outside would be a good one.
In fact, it is very important for Eugene to maintain a good relationship with former Attorney General Eric Holder and former CIA Director John Owen Brennan. Above all, to set a precedent.
We plan to recruit a large number of people who will step down from important government posts in the future, led by the two big names, so we had to put the first button in place.
* * *
The fact that Daeyang Heavy Industries was using the patents of German companies without permission was not taken seriously by the media at first.
In fact, it is true that such a kind of patent dispute is unreasonable to become a big issue, and it is because Eugene did not intend to make this news public.
This is just a light preemptive attack. No one will know what this patent means until you get into the game.
The attack on the Ocean Group was launched simultaneously.
[Dasan Electronics today announced that it has decided to acquire Freescale Semiconductor, an American semiconductor company. Freescale Semiconductor tried to acquire Daeyang Electronics early last year, but the acquisition was canceled due to the terrorist attack in Malaysia.]
[At the time, it is known that Daeyang Electronics offered an acquisition price of about 30 billion dollars, but in this negotiation, it is said that they decided to acquire Freescale Semiconductor at a price of 11.2 billion dollars, which is only 1/3 of the time.]
When Dasan Electronics announced that it would acquire Freescale, the public’s attention again turned to the Daeyang Group.
[When Daeyang Group took over Freescale, there was a suspicion that it was trying to form a slush fund through a private equity fund in the United States by writing such a high price. Pricing is being questioned. The Daeyang Group just denies this, saying it is only speculation, and does not comment further.]
– Nothing to ask. I think he was thinking of taking away 20 billion dollars.
– $20 billion is over 20 trillion won. they’re fucking bastards
– After all, large corporations are hot. I’m thinking about shoeing 20 trillion won.
There were many twists and turns along the way, and although Freescale’s normal price was not $10 billion at the time, the general public had no reason to know or care about all of that.
The only thing that matters is the fact that Daeyang bought the same company for $30 billion and Dasan bought it for $11 billion.
In fact, the amount that the owner of the Daeyang Group was aiming for was much smaller than that, but in fact, it cannot be argued that they were only planning to spend 5 trillion won.
– Did you receive tens of trillions of won in government support for accounting fraud during the IMF?
– I mean. If you had acquired Freescale, how much support would you have received from the government because it was insolvent again?
– It won’t be 20 trillion won. Even with government subsidies, it could have been 30 trillion won.
It was a comment on the news, and the whole community was criticized for the Daeyang Group.
Even so, Daeyang Electronics, which had been under intense pressure from public opinion due to the Daeyang Heavy Industries incident, suffered a major blow once again.
A few more days later, Media Focus released a new report related to the Daeyang Group.
[Last June, Daeyang Motors announced that it had acquired an American electric car called Maxwell Griffiths. It is said that the acquisition cost about $300 million, but the reporter found something suspicious about the deal. The suspicion is that the two venture capitals, NT Somerset in California and TBD in Philadelphia, who were early investors in Maxwell Griffiths, are related to the Daeyang Group.]
People’s attention had to be focused on the suspicion that erupted again.
[As everyone knows, venture capital is a type of investment institution that invests capital in a promising early-stage company, receives a certain share, and shares the growth of the company in the future. However, NT Somerset is a subsidiary of a private equity fund called United Excellence, and TBD of Philadelphia is a subsidiary of a private equity fund called DL Capital.]
[Last year, Media Focus reported on suspicions that DL Capital was in fact a company that manages Daeyang Group’s US slush funds in the course of Daeyang Electronics’ acquisition of Freescale Semiconductor, an American semiconductor company. And this time, I was able to discover the existence of DL Capital again.]
[Is it just a coincidence? Why is the private equity fund called DL Capital included in each overseas acquisition of Daeyang Group?]
Reports in a rather aggressive tone did not stop there.
[In addition, Media Focus discovered a surprising fact while doing an interview about a company called United Excellence. It was confirmed that among the early founding members of United Excellence, which was established 20 years ago, two of them were from the US branch of Daeyang Corporation. Is this also a coincidence? Before reporting, Awake! realized that it was necessary to conduct an in-depth coverage of United Excellence.]
– Daeyang Motors, are you too?
– Do you really do everything you can eat? heavy industry, electronics and automobiles. Where and how much did you eat?
– At this point, wouldn’t it be in the national interest to dismantle the Daeyang Group?
– right. Old-fashioned conglomerates like Daeyang Group are eating up the national economy.
– What did the government do? As long as an internet newspaper can cover it, shouldn’t the prosecution know a lot more?
– What’s the prosecutor doing? Will you watch Daeyang Group again?
– But what about the patent litigation related to Daeyang Heavy Industries?
– If Daeyang Heavy Industries loses the patent dispute, ships built by Daeyang Heavy Industries are seized by the US, Germany, the Netherlands, and China.
– really? under pressure? whole boat?
– Ship patents are that dangerous. Patent management is important because even if only one of the numerous parts is patented, it is impossible to enter the country where the lawsuit is filed.
– Then Daeyang Heavy Industries went bankrupt.
– When did you go bankrupt? I’ve already gone to goal.
In the meantime, there were people who complained about Eugene.
– X bar! in the ocean! I bought it for 220,000 won and now it’s 10,000 won.
– You said Kang Yu-jin will take over?
– Do you have any ideas?
– The company that filed a patent lawsuit against Daeyang Heavy Industries this time was Kang Yu-jin.
– What? So what happens?
– The stock price completely falls to the bottom, and then you say you’ll take over. Last time, the stock price went up so much, so I immediately released it.
– Take responsibility for Kang Yu-jin! I was bitten by 700,000 won!
– That’s why I even warned you not to buy it because it’s dangerous.
– Anyway, it’s because Kang Yu-jin took over!
– That’s why I said it’s dangerous to climb too much! Kang Yujin!
Of course, it was rare to see people supporting those who climbed to the top because of their own greed.
“The response has been great. The image of the Daeyang Group has gone beyond what could be called hell. People are now disillusioned with the word ocean.”
Hwan Kim was excited and reported.