 "LeEco faces lawsuits over non-payment of dues to media agencies: Report")
China-based electronics manufacturer LeEco has been sued over non-payment of dues by Indian media agency network Madison Media Group and Publicis-owned creative agency Leo Burnet.
The lawsuits have been filed in Hong Kong court by Madison and Bombay court by Leo Burnett after LeEco failed to make payments for from January-December 2016, according to a news report in the Economic Times.
The lawsuits have been filed in Hong Kong court by Madison and Bombay court by Leo Burnett after LeEco failed to make payments for from January-December 2016, according to a news report in the Economic Times.
According to the report, Madison is suing LeEco for Rs 39 crore plus interest and Leo Burnett has filed a case for dues of Rs 2.65 crore.
LeEco had spent Rs 50-80 crore a month
