How to treat the chairman of LeTV as restricted by the court?

Regarding this matter, Liu Yanfeng, the chairman of LeTV, was restricted by the court, mainly because he failed to pay the intellectual property fees of Shenzhen Fangte Animation Co., Ltd. according to the court documents. It shows that the current operating state of LeTV is not very good, and it may still be at a loss.

Letv has been the chairman since Jia Yueting, and it has been losing money. It is precisely because LeTV has been in a state of loss that Jia Yueting and Liu Yanfeng are both listed as untrustworthy executors.

Liu Yanfeng is now the chairman of LeTV. During his current tenure, he cooperated with Shenzhen Fangte Happy Animation Co., Ltd. Because of intellectual property rights, he failed to pay the fees of Fangte Happy Animation Co., Ltd. within the time limit stipulated by the court.

The person who is classified as untrustworthy shall be dealt with by the court. If the person subjected to execution fails to fulfill the payment obligation specified in the effective legal document within the time limit specified in the enforcement notice, the people's court may limit his high consumption. It shows that Liu Yanfeng did not fulfill the obligation of payment to Fangte Happy Animation Co., Ltd. within the specified time, which led to Liu Yanfeng being listed as an executor of dishonesty.

Letv has been losing money in recent years and hardly makes money. Liu Yanfeng is also the chairman under great pressure. On the other hand, LeTV now faces many difficulties. It takes a lot of effort to turn losses into profits. Letv's management has always had problems, which have been presented since Jia Yueting was in office. Now that Liu Yanfeng is the chairman, the crisis of LeTV has not been solved. It seems that it is a question whether LeTV can survive in the future.

It is less than two years since Liu Yanfeng was listed as the executor of dishonesty. I wonder if he will resign as the chairman of LeTV like Jia Yueting. Now Liu Yanfeng is listed as a perfidious executor. When taking transportation, he can't choose the cabin above the second class when choosing planes, soft sleeper trains and ships. You can't make high consumption in hotels, hotels, nightclubs, golf courses and other places above the star level. You can't buy real estate, and you can't build, expand or decorate high-end houses. High-end office buildings, hotels, apartments and other places may not be rented. It is not allowed to buy non-essential vehicles. Travel or vacation is not allowed. Children can't go to expensive private schools. It is not allowed to buy high-value insurance wealth management products. You can't take the bullet train starting with G.