Hong Kong artist Zeng Zhiwei lost 57 million yuan in debt collection across the sea

Hong Kong artist Zeng Zhiwei advocated that the late producer Pei Xiangquan made an agreement with him to invest in film production and borrowed money, owed him 57 million yuan, and sued Pei’s younger sister and brother to pay back the money. The Taipei District Court held that Zeng Zhiwei could not prove that Pei Xiangquan owed money, and sentenced Zeng to lose the case. Appealable. Zeng Zhiwei argued that he had previously agreed with Pei Xiangquan to distribute the surplus from the distribution of the 8 films to him. After Pei Xiangquan obtained the profits, he borrowed the money from him to continue releasing new films. After signing the IOU and promissory note on the day, Pei said he borrowed NT$40 million from him.

Hong Kong artist Zeng Zhiwei (middle) lost the case against the North Court in a cross-sea debt collection of 57 million yuan. (File photo/Central News Agency)

Zeng Zhiwei pointed out that Pei Xiangquan failed to pay off the contract and continued to owe him his performance remuneration. On March 18, 1992 (2003), he signed an IOU and a promissory note to exchange the contract, indicating that he had borrowed a total of 57 million yuan. Unexpectedly, the money was not returned until Pei Xiangquan’s death, so he asked the heir for compensation.

Pei Xiangquan’s sister, Pei Xianglin, said that Zeng Zhiwei did not enter Taiwan on April 12, 1988 and March 18, 1992, so he once claimed that the establishment of creditor’s rights in reconciliation with Pei Xiangquan was a non-existent matter, and Zeng Zhiwei did not prove that Pei Xiangquan had a loan or paid money. The fact that there is no mention of participating in that film and how to distribute the surplus.

Pei Xiangquan’s brothers Pei Xiangyun and Pei Xiangfeng said that Zeng Zhiwei claimed that Pei Xiangquan had 8 outstanding accounts, but he continued to agree to film, which violated the experience of social life. It is against common sense to file a lawsuit only 3 years after Pei Xiangquan’s death.

After hearing the case, the Taipei District Court held that although Zeng Zhiwei presented the IOU, it could only prove that Pei Xiangquan had signed the IOU, but he did not provide any written documents for the agreed remuneration and loan contract.

The Northern Court reviewed the entry and exit information from the Immigration Bureau and found that Zeng Zhiwei was not in Taiwan when the two IOUs were signed, and ruled that Zeng Zhiwei lost the case. The whole case is appealable.

Editor: Qin Yingwen

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