Forbes family sues HK owner of Forbes Media

The US family that established the eponymously named Forbes magazine has launched a lawsuit against Integrated Whale for non-payment of a loan.

Forbes family sues HK owner of Forbes Media

The Forbes family, former owners of the eponymous US business publication and related brands, is suing the new Hong Kong owner of the assets just 14 months after selling them. 

Forbes Media Holdings, Forbes Financial Management, and family-owned financial company Highlander Management accuse Integrated Whale Media Investment of breaching the payment terms on a loan linked to the original acquisition, according to a copy of the court filing seen by FinanceAsia...

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