# Corporate Default

The Ghost of LeEco: Beijing Court Revives $360 Million Debt Claim Against Jia Yueting

Beijing courts have reinstated a 2.61 billion yuan enforcement order against Jia Yueting and Le Holdings, adding to a mountain of historical debt. Despite Jia's relocation to the US, his domestic entities remain insolvent with negative net assets exceeding 21 billion yuan as of 2025.