The two have sued Mr Ablakwa for defamatory publications, and falsely implicating them in the alleged theft of state property.
While Kwame Blay's lawsuit is solely against the North Tongu MP, Freddie Blay's suit also names Media General and Johnnie Hughes as defendants.
In his suit, Kwame Blay emphasised that he is a distinct individual from his brother, Kwaw, and has no involvement in the activities of the Polo Beach Club or any entity affiliated with it.
According to him, he has never dealt with Loic Devos Jnr, who is currently in a legal dispute with one of his brother's businesses, Press Xpress.
Kwame claims that Samuel Okudzeto Ablakwa's allegations of him stealing state land and being involved in a scheme to cheat Loic are entirely false and have significantly damaged his business and reputation.
On his part, Freddy Blay alleges that Samuel Okudzeto Ablakwa's actions were motivated by malice, given the proximity to elections, and were aimed at ruining his hard-earned reputation.
He asserts that the published information about his sons and his family is entirely false.
Read also: Labadi Beach Hotel saga: Freddy Blay demands retraction and apology from Okudzeto Ablakwa
Freddy Blay also claims that Media General and Johnnie Hughes published untruths intended to tarnish his reputation.
But reacting to the development in a Facebook post, Mr Ablakwa stressed that "justice does not always belong to those who are first to seek refuge in the court."
He also lauded the NPP politician for the decision to take the issue to court.
"They say better late than never - even though I am yet to be served, this is great news after many weeks of countless threats."
He also indicated that no matter the intimidation theatrics, "state capture shall surely be defeated."
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