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Media Barons in £4m Lawsuit

News, 11 September 2001

The former proprietor of Express Newspapers, Lord Clive Hollick, has issued a writ against new owner Richard Desmond, alleging that £4 million plus interest remains unpaid from the sale of the titles last November.

Desmond, better known prior to the £125m Express acquisition for his stable of porn titles such as Asian Babes, Nude Readers' Wives and Big Ones, denies Hollick’s accusation. The claim, says a spokesperson from defending law firm S J Berwin, is “without merit” and will be vigorously opposed.

News source: The Times (London)