LeEco's Coolpad says lawsuit filed against unit over loan due next month

LeEco's Coolpad says lawsuit filed against unit over loan due next month

HONG KONG (Reuters) – Chinese smartphone maker Coolpad Group, part of the cash-strapped LeEco technology conglomerate, said on Thursday a bank has sued a subsidiary, demanding early repayment of an 80 million yuan ($11.9 million) loan due Aug. 15.

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