"The messy and complicated drama between Chinatown restaurant China Live and its landlord seems to be resolved in favor of the landlord, but the restaurant might stay put with a bankruptcy restructure, and could even still win in the end. The celebrated Chinatown restaurant and food court China Live saw some ugly, behind-the-scenes drama spill out in public view when the landlord tried to evict the restaurant over $4.2 million in unpaid back rent back in March of 2023, much of which was even pre-pandemic rent."
"Well, Cypress Properties has won this round, and China Live's Chen has been dealt a major setback. The SF Business Times reports that a judge ruled in favor of Cypress Properties, declaring that China Live was liable for $6.7 million in back rent, some of which goes all the way back to 2018. The Chronicle confirmed with Chen that the restaurant intends to file for Chapter 11 bankruptcy, which could allow China Live to stay open and continue operating."
China Live and its landlord engaged in a protracted legal battle over unpaid rent. The landlord attempted to evict China Live in March 2023 over $4.2 million in back rent, including pre-pandemic amounts. A year later the building at 644 Broadway was foreclosed by a bank and placed into receivership. A judge ruled that China Live is liable for $6.7 million in back rent, some dating to 2018. China Live's owner, George Chen, plans to file for Chapter 11 bankruptcy, which could allow continued operation during restructuring. Cypress Properties no longer owns the property and blames Chen's unpaid rent for losing the building. The property's receiver will likely decide whether China Live remains at 644 Broadway.
Read at sfist.com
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