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| The Derek Yee produced, Nick Cheuk directed TIME STILL TURNS THE PAGE won the 60th Golden Horse Awards Best New Director in 2023 courtesy of mingpao.com |
The the Best New Director at the 60th Golden Horse Awards in Taiwan for TIME STILL TURNS THE PAGES (NIN SIU YUT GEI) Nick Cheuk Yik Him, the film's producer Derek Yee Tung Sing, and the company of which they are directors of, Roundtable Pictures Limited, recently filed a lawsuit with the High Court against the film and television company MM2 Studios Hong Kong Limited (MM2 Studios Hong Kong Limited) and alleged that the other party violated the distribution agreement and demanded compensation of about HK$ 3.65 million, as well as at least about HK$ 420,000 in interest.
According to the complaint, the plaintiff is Roundtable Pictures Limited and the defendant is mm2 Studios Hong Kong Limited. The plaintiff claims that the defendant has breached the "International Multiple Rights Distribution Agreement" that has established on February 15th, 2022. The plaintiff demanded compensation of about $3.65 million, interest of about $420,000 and accumulated interest until the court judgment or the defendant paid the money, as well as the payment of legal costs and other costs.
According to the Companies Registry, the two directors of Roundtable Pictures Limited are directors Derek Yee Tung Sing and Nick Cheuk Yik Him. According to the website of mm2 Hong Kong Limited, the company provides film production, production and distribution services, including the Hong Kong marketing and global distribution of TIME STILL TURNS THE PAGES.
Cheuk Yik Him said that the HK$ 3.65 million was the income that was to be paid according to a contract signed between MM2 and their company. A little money was paid in the early stage but not after that. After collection the amount was still not yet received, thus they took legal action. Cheuk said that as the film owners, TIME STILL TURNS THE PAGES received a filming budget of HK$ 3.25 million from the "First Feature Film Initiative". It was completed because some actors and staff chose dividends, in the end it fortunately made money. As the film owners, it was their responsibility to distribute the money to shareholders. The company could only pay dividends if it has income; but when the money has no received, the biggest trouble for him was that he has broken his promise and affected his reputation, and felt heartbroken. In addition, the producer of TIME STILL TURNS THE PAGES Yee Tung Sing said that the incident has been brewing for a while. Finally legal action was taken because the film participated in the "First Feature Film Initiative" that involved public money, so the amount should be clear. Director Cheuk Yik Him has explained the development of the matter to the relevant departments. The rumor in the industry has been that they have not yet paid dividends despite the high box office, so it was necessary to make the incident public to correct the situation.
[Case No.: HCA 2243/25]




















