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Actress hauled to court over firm's $200,000 debt

DeathStar

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Actress hauled to court over firm's $200,000 debt


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Theatre practitioner Beatrice Chia-Richmond leaving the State Courts last week. She was director of concert promotion firm Running Into The Sun, which put up Ah Boys To Men: The Musical at Resorts World Theatre in 2014. The company has yet to pay a single cent of the judgment sum awarded by the State Courts last year.ST PHOTO: WONG KWAI CHOW

Published 3 hours ago

RWS yet to receive sum linked to 2014 musical from concert promoter, despite winning court case last year

Selina Lum

With her concert promotion company having already lost a $200,000 suit to Resorts World Sentosa (RWS) last year, theatre director and actress Beatrice Chia-Richmond has been summoned to court to assess her firm's assets.

Running Into The Sun (Rits), which put up Ah Boys To Men: The Musical at the integrated resort from April 18 to May 4 in 2014, had failed to pay RWS a cut of the proceeds from the show.

The contract between RWS and Rits stipulates that the resort is to get a 15 per cent share of the gross ticket revenue and cash sponsorship from the event, according to court documents obtained by The Straits Times.

Under the agreement, Rits, which was founded in 2009 and best known for organising concerts by major K-pop acts such as Super Junior and Girls' Generation, was also to bear the costs of additional or overtime manpower needed for the event. Last year, the integrated resort won a court judgment to recover the debt.

After the event, RWS issued Rits two invoices totalling $215,870.06 - one, for $173,070.06, was its entitlement of the revenue; the other was for $42,800 in reimbursement for manpower costs.

In October 2014, Rits made partial payment of $16,621.99.

Despite numerous reminders, Rits failed to pay the outstanding sum of $199,248.07, though it had acknowledged the debt in an e-mail to Rajah & Tann, the law firm acting for RWS. In September last year, RWS sued Rits for the outstanding sum. The following month, RWS won by default as Rits did not respond to the lawsuit.

But Rits has yet to pay a cent of the judgment sum awarded by the State Courts - the $199,248.07 owed to RWS, interest of $407.34 and $1,800 in legal costs.

Last month, RWS applied for Mrs Chia-Richmond as well as Ms Wendy Ng, both directors of Rits at the time, to be summoned to court for a hearing known as an examination of judgment debtor, in which someone who loses a lawsuit is questioned on the possible assets available to pay the judgment sum.

Mrs Chia-Richmond, 42, appeared in court last week. The hearing has been adjourned to Oct 3.

"This is an old business dispute from two years ago," she told The Straits Times through e-mail. "I have been trying my best to settle it even though I am no longer a director of the company. It is unfortunate that we have reached this current situation."

A Straits Times check showed that she is the sole shareholder of Rits, but is no longer listed as a director of the company. The award-winning theatre director and actress was the creative director of the opening and closing ceremonies of the South-east Asian Games last year, and the National Day Parade in 2011 and this year.



 

WhenItsLove

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Beatrice Chia-Richmond's firm settles legal battle with RWS over $200k debt


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RWS had sued Mrs Chia- Richmond's company Running Into The Sun last year for its failure to pay about $200,000, despite numerous reminders. The actress said the matter has been "amicably resolved".ST PHOTO: WONG KWAI CHOW

Published 9 hours ago
Selina Lum

The curtain has come down on a court dispute between Resorts World Sentosa (RWS) and a concert promotion company owned by theatre director and actress Beatrice Chia-Richmond.

The integrated resort had sued her company Running Into The Sun (Rits) for almost $200,000 owed from performances of Ah Boys To Men: The Musical, held at RWS from April 18 to May 4 in 2014.

However, the two parties have now reached a confidential settlement and Mrs Chia-Richmond told The Straits Times in an e-mail: "I am happy that this matter has been amicably resolved."

The contract between RWS and Rits for the musical stipulated that the resort was to get a 15 per cent share of the gross ticket revenue and cash sponsorship. Under the agreement, Rits was also to bear the costs of additional or overtime manpower needed for the shows.

After the show's run, RWS issued Rits two invoices totalling $215,870 for its entitlement of the revenue and for reimbursement of its manpower costs.

Rits, which is best known for organising K-pop concerts by major acts like Girls' Generation, made a partial payment of $16,622.

RWS sued Rits in September last year following its failure to pay the outstanding sum of $199,248, despite numerous reminders.

In a default judgment, Rits was ordered by the State Courts to pay the debt as well as interest of $407.34 and $1,800 in legal costs.

When no payment was made, RWS applied for Mrs Chia-Richmond and Ms Wendy Ng, who were directors of Rits at the time, to be summoned to court for questioning over the possible assets available to pay the sum.

Mrs Chia-Richmond is no longer a director of Rits.

The award-winning theatre director and actress was the creative director of the opening and closing ceremonies of the South-east Asian Games last year, and the National Day Parade in 2011 and this year.



 

Cottonmouth

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Loyal
Smelly cunt want to act blur.
How does that retarded movie by Jack Neo become a musical? Which also begs the question, which retard watches this sort of shit??
 

borom

Alfrescian (Inf)
Asset
Another rafflesian-

Quoted from RGS website

"Crucible of Excellence
RGS has produced many distinguished, high profile women over the years including
scholars, leaders in various sectors of the economy, as well as women in high office. Some of
our distinguished women...........

Ms Beatrice Chia-Richmond
Founder, Running Into The Sun Pte Ltd
First female creative director for the 2011 National Day Parade
Creative director for the opening and closing ceremonies of the SEA Games 2015

Ms Stefanie Sun
Award-winning Mandopop singer-songwriter "
 
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