The billionaire co-founder of fight for Chinese technology giant LeEco had frozen the personal assets, the report by a Shanghai court, state media.
Assets worth a combined height of 1.24 billion yuan ($183m; £141m) to Jia Yueting, his wife and three affiliated companies allegedly locked already.
The judgment follows LeEco is the non-payment of interest due on bank-to Finance loans to its smartphone business.
Neither Mr Jia nor the company commented on the reports.
LeEco was for a while known as the Netflix of China, a company that started Streaming content, and eventually, your own original material.
But it then drew the comparison with the likes of Apple and Tesla when it began branching out in hardware, including a smart-TV, mobile phones and electric cars.
LeEco began with the sale of devices in the United States at the end of last year, but now in front of a cash crunch and was forced to slash costs, including job cuts.
Mr Jia, who joined as chief executive in may, but retains his position as Chairman, recently admitted to shareholders that its financial problems “were more severe than we expected”.
To buy in April, a $2 billion deal consumer electronics manufacturer Vizio has been cancelled because of “regulatory headwinds”.
Image copyright Getty Images
Caption LeEco – TV Letv launched in the U.S. last year
Meanwhile, LeEco smartphone unit, Coolpad, has continued its 2016 financial results will be delayed because of the audit questions. The company’s unaudited results Might suggest that it has lost $542m last year.
Coolpad’s shares are listed have been exposed in Hong Kong, from trading for three months.
The news of the court freeze on some LeEco assets American marketing company Beyond Media Global was welcomed by Philip G Chiu, CEO of the US.
He took LeEco business LeTV to court claims about debts of $1m but that it still owes his company about $100,000.