Louis Koo’s production firm disputes HK$149m lawsuit, says claim ‘incomplete’
One Cool Film Production accuses Sino Hero Ventures of breaching confidentiality principles and omitting that it was dissolved for three years
Hong Kong film actor and director Louis Koo Tin-lok’s production company has rejected allegations that it owes HK$149 million (US$19 million) in outstanding debts to an offshore firm, saying the claim is incomplete and violates confidentiality principles.
In a statement published on social media on Friday, One Cool Film Production said the civil lawsuit lodged by Sino Hero Ventures on Wednesday had concealed crucial details about a HK$70 million loan extended to Koo’s film production business in September 2019.
“The case presented by the plaintiff is incomplete. In particular, the plaintiff did not reveal the fact that [it] had been removed from the company registry and dissolved for nearly three years, during which we could not contact its authorised personnel,” the statement said.
The defendant in the High Court case also alleged that the plaintiff, a company registered in the British Virgin Islands, had unlawfully disclosed details of their agreement that were protected by legal privilege.