Authentic Brands Group Takes Legal Action Against Manoj Bhargava Over Payment Dispute
Monday, 1 April 2024, 12:46
Legal Battle Between Authentic Brands Group and Manoj Bhargava
Authentic Brands Group, the parent company of Sports Illustrated, has filed a lawsuit against Manoj Bhargava, the energy drink billionaire, for non-payment issues.
Allegations of Breach of Contract
In the lawsuit, it is claimed that Bhargava failed to pay millions of dollars for the rights to publish the iconic sports magazine.
- The Lawsuit: A legal battle ensues between the two parties, potentially impacting their future collaborations.
- Financial Implications: The payment dispute raises concerns about financial stability and contractual adherence.
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