According to the Hong Kong Economic Times, a number of LeTV companies were successively charged for service charges. Among them, LE Corporation Limited filed an application for voluntary liquidation in December last year. Today, the case is not represented by LeTV Limited Court hearing, Master formally issued a winding-up order.
Under the winding up procedure, the costs will be deducted from the assets of LeTV Limited, which is principally engaged in the operation of LeTV boxes and Internet-on-demand video content in Hong Kong, having nothing to do with LeTV Sports Hong Kong.
At the end of December last year, LeSports HK issued a statement stating that LeTV Sports and the application for liquidation of LeTV Limited belong to two completely different corporate entities. LeTV Co., Sports have nothing to do with the music business as the sports will not be affected, and music as the normal operation of Sport Sports are also welcome fans to enjoy Premier League and NBA live broadcast.
According to the statistics, there are several companies under LeTV in Hong Kong, including LeTV Sports, which owns the rights to broadcast the Premiership in Hong Kong, and LeTV Co., Ltd., which applied for liquidation.
In fact, since the beginning of last year, LeTV Limited has been charged with indebtedness by different companies including the one that was admitted to the interior design company in August last year for recovering the construction cost of $ 1.21 million. LeTV Sports also recently faced a court case for liquidation , Event Source In 2015, LeTV Sports and the All England Lawn Tennis Club (AELTC) reached an agreement to seize the exclusive rights to broadcast, distribute and local television rights to the Wimbledon Tennis Championships 2016-2018. However, AELTC earlier Foreign High Court of Hong Kong into the application for music sports liquidation.