inheritance dispute
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Kelly Zong Loses First Lawsuit; Her Lawyer Previously Protected Stephen Chow’s Assets
A multi-billion dollar inheritance dispute over the Wahaha empire has begun in Hong Kong, with Zong Fuli reportedly facing an initial setback in court. However, this is just the first stage of a larger legal battle, with a significant lawsuit filed against Zong Fuli in Hangzhou. The case involves individuals claiming to be her half-siblings seeking asset preservation. Zong Fuli is represented by Stevenson, Wong & Co., the same firm that successfully defended Stephen Chow in a previous high-profile profit-sharing case.
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Kelly Zong’s Foundation: Built on Her Father’s Legacy
Following Zong Qinghou’s death, Wahaha Group, led by Zong Fuli, faces challenges amid public attention on the inheritance of Zong Qinghou’s vast estate. Scrutiny focuses on Zong Fuli’s management and whether the Zong family can effectively lead the beverage company forward.
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Zong Qinghou’s Alleged Illegitimate Children Vie for Fortune, Family Feud Intensifies at Wahaha: Hangzhou Forms Task Force
The inheritance dispute of Wahaha’s late founder, Zong Qinghou, intensifies as individuals claiming to be his illegitimate children sue for a share of his assets. This includes a $2.1 billion trust and a significant stake in the Wahaha Group. Despite Wahaha’s initial statement that the matter is a private family affair with no impact on business, the Hangzhou Shangcheng District Finance Bureau has intervened by establishing a special task force to address complaints and resolve the issue promptly.
