Chapter 1333 - 1333 The Stardust Corporation Gets into Trouble
1333 The Stardust Corporation Gets into Trouble
His subordinates had just reported that the Hamiltons’ businesses in DC were all embroiled in varying degrees of trouble. Either they were seized and sealed for non-compliance and violations, or the people in charge of the companies had absconded with the company’s funds, leaving huge messes behind, making Jensen furious.
“Lucas Gray, you actually used such means to force me to appear. You’re really something! Do you think you’re the only one who knows to attack? Just you wait!”
Jensen gritted his teeth furiously and immediately made a call. “I want to see Lucas Gray’s Stardust Corporation suffer heavy losses or go bankrupt within five days!”
…
!!
In Lucas’s office in the headquarters of the Stardust Corporation…
Lucas was handling some important documents at his desk.
Knock-knock!
Someone suddenly knocked on the door of the office, and Flynn rushed in with a nervous look on his face. He said anxiously, “Lucas, bad news. The Stardust City project is in trouble!”
Lucas frowned. “What happened?”
Stardust City was the Stardust Corporation’s greatest project in recent years. Lucas had already invested more than fifteen billion dollars. What could have gone wrong?
Flynn wiped off the sweat on his forehead and said, “It’s a problem with the building materials supplier of Stardust City! The Glory Group, the supplier we’ve always worked with, suddenly announced a unilateral termination of their contract with us and will no longer provide building materials for us. This means we won’t have enough building materials for the construction of Stardust City!
“I’ve tried to find other suppliers to replace the Glory Group, but the quantity of building materials we need is too large. There aren’t any suitable suppliers to take over the orders!”
Lucas said with a frown, “According to the contract we signed, the Glory Group is required to pay us a huge sum of money in liquidated damages for terminating the contract unilaterally, right?”
Flynn nodded. “At the time of signing, the contract terms indeed stipulated that the party in breach of contract would have to pay a huge amount of compensation. And now that the Glory Group is breaching the contract, we can only protect our rights through legal means. I’ve already instructed the legal department to follow up on this matter.
“But the entire process will take at least several months, which will cause immense losses for the Stardust Corporation. Without sufficient materials, we can’t start work on the site, but we can’t stop our expenses either. We’ll be losing a ton of money each day!
“In this way, even if the Glory Group compensates us for the breach of contract a few months later, the compensation amount agreed in the contract won’t be enough to offset our losses.
“This is a really important matter, so I came to ask for your advice.”
To be fair, Flynn was indeed very capable, and he usually wouldn’t bother Lucas unless it was an important matter.
Lucas found this matter really tricky too.
The Glory Group was the largest building materials supplier in DC, and it monopolized at least half of the building materials market in the city.
Of course, there were other building materials suppliers in DC. But as Flynn said, the amount of building materials needed for the Stardust City project was so enormous that small suppliers didn’t dare to take on the orders.
Lucas remembered that there were one or two other major building materials suppliers in DC, such as the company under the Fly Corporation, which Dawn Westwood, the woman who had duped Cheyenne, had worked for.
But Lucas found out later that the Fly Corporation had some ties with the Holmes, with whom he was currently on bad terms. So the Fly Corporation naturally wouldn’t supply his company with building materials.
As such, the sudden termination by the Glory Group really had a tremendous impact on Stardust City’s construction.
They would rather pay a huge amount in liquidated damages and sabotage the construction of Stardust City than supply building materials to Lucas. Such behavior probably wasn’t a decision by the executives of the Glory Group but by the Hamiltons.
Lucas thought of this almost immediately.
He knew that Jensen definitely wouldn’t be willing to sit back and do nothing like a coward.
And this method indeed seemed like something Jensen would do.
Lucas also considered importing building materials from outside of DC, but the weight and amount of materials needed were just too massive. If he imported them from elsewhere, the time needed and transportation expenses would soar. At that time, even if he could successfully import enough materials, the costs would be staggering, and it wouldn’t be economical.
Now, it seemed that the best solution was to deal with the Glory Group directly, which would naturally resolve any other issues.
“In this case, we might as well acquire the entire Glory Group!” Lucas said indifferently.
“What?!” Flynn was shocked.
After confirming that Lucas wasn’t joking, he said with a bitter smile, “Lucas, although this a great solution, the Glory Group is a large company that has been established for years, and its market value is far higher than the Stardust Corporation’s. It won’t be easy to acquire it.
“Besides, the Glory Group suddenly terminated the contract without prior notice. They obviously don’t want to work with us and even plan to be our enemy. In this situation, how could the chairman of the Glory Group possibly agree to sell the company to us? We won’t be able to acquire it no matter how much money we offer!”
Lucas knew that Flynn made sense, but he had his own solution. “Leave this to me. You just have to wait for the outcome.”
Hearing this, Flynn knew that Lucas had already made up his mind and could only keep his mouth shut.
Although he always knew that Lucas was very powerful, he wasn’t confident about acquiring the Glory Group, so he could only smile wryly.
He hoped that Lucas would be able to resolve this matter.
At night, Lucas slowly drove his black Jaguar into the parking lot of World Entertainment City and then walked to the sauna and spa center inside.