Breached Contracts


Contract Number: 1094474174 issued on September 6, 2004, 8:36 am and became overdue for payment on September 25,2004

Company Name: SHANGHAI ALISON EXPORT & IMPORT CO.,LTD.
Address: HUAXIA BANK MANSION,
NO.256 PU DONG SOUTH RD.
City: SHANGHAI, 201512 CHINA
Contact: Mr. Hongkang Teng
Telephone: 86-21-3878 4777
Fax: 86-21-6886 6900
Email:


Shipping to SHANGHAI ALISON EXPORT & IMPORT CO.,LTD. located in SHANGHAI, 201512 CHINA

Client ordered 30000 MTW of our material code 50-65 for 12 months at a price of $ 184.00 USD to be unloaded in China - Shanghai
Client currently owes $ 66,240,000 USD from September 25,2004 which is a full breech of contract on the initial amount of $ 5,520,000 due on September 25,2004
Client has not made any attempt to settle this debt nor to make any payment thereon and is assumed to be financially insolvent.
Client has made the following comments related to this posting: