China Live Loses Lawsuit Over Millions In Unpaid Back Rent, Likely to Declare Bankruptcy

A San Francisco court has ruled that Chinatown restaurant China Live owes $6. 7 million in back rent, primarily linked to unpaid dues since 2018. The ruling represents a significant defeat for owner George Chen, who is now preparing to file for Chapter 11 bankruptcy, potentially allowing the restaurant to continue operations. The former landlord, Cypress Properties, has lost ownership of the 644 Broadway property, attributing this loss to Chen's substantial rent arrears. The situation has become more complex as the appointed receiver, Gregg Williams, may terminate China Live’s current lease, paving the way for a more favorable rental agreement.

Chen has indicated he is exploring alternative locations, including the Financial District, while also launching new restaurant concepts in other cities. The ongoing conflict highlights the financial struggles many restaurants face post-pandemic. Despite the setbacks, there remains a possibility for China Live to thrive at its current location or in a new venue. The outcome of the bankruptcy proceedings will be crucial for the restaurant's future.