entertainment · SCMP

Louis Koo, Production House Sued for HK$149M Over Failed Loan

SCMP · 2 SOURCESabout 2 hours ago2 MIN

Summary

Hong Kong film actor and director Louis Koo Tin-lok and his production company One Cool Film Production have been sued for more than HK$149 million over an alleged failure to repay a HK$70 million loan made seven years ago by an offshore company. Sino Hero Ventures, a company registered in the British Virgin Islands, initiated civil proceedings in the High Court on Wednesday, accusing Koo and his production house of defaulting on the loan extended on September 6, 2019. The lawsuit compounds Koo's legal troubles, as he was sued two years ago by a business partner for defaulting on an HK$8.3 million loan related to a fashion joint venture.

Key Points

Sino Hero Ventures filed the civil suit in the High Court on September 2, 2026, demanding repayment of HK$149.4 million as of August 27
The original loan of HK$70 million was granted on September 6, 2019, with 12 percent annual interest rising to 18 percent upon default
The repayment deadline was extended twice, most recently to the end of 2022, yet only HK$13.9 million was repaid since January 2022
Koo rose to fame as a television star in the late 1990s and has appeared in over 110 local productions
He won best actor at both the Hong Kong Film Awards and Asian Film Awards in 2018 for Paradox

Why It Matters

The lawsuit highlights the financial pressures facing even Hong Kong's most successful film industry figures, as Koo faces mounting legal disputes amid ongoing litigation over an HK$8.3 million loan from a separate fashion joint venture . The case will test whether Koo's recent box office success with 2024's Twilight of the Warriors: Walled In can help resolve these substantial debts .