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Troubled LeEco lands 15 billion yuan lifeline after selling stakes in video, movie assets to Sunac China

2017-01-13 scmp
Reports suggest Sunac acquires 8.61pc stake in LeEco’s Le video streaming business for 6.04bn yuan, as well as a 15pc stake in film production unit Le Vision Pictures for 1.05bn yuan

Haosheng sues LeMobile for unpaid bills as LeEco’s cash woes persist

2017-01-07 scmp
The suit is the latest sign that LeEco’s survival hinges on moving from one creditor’s claim to another

LeEco Creditor Seeks Arbitration to Collect Unpaid Bills - Caixin

2017-01-06 caixinglobal
(Beijing) — A smartphone-component maker has become the first company to take legal action in an effort to collect unpaid bills from cash-strapped LeEco, setting the stage for a potential run on LeEco by other worried creditors.