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Malaysian resort company sues Disney, Fox over theme parkKUALA LUMPUR, Malaysia (AP) — Resort developer Genting Malaysia has filed a lawsuit in California seeking at least $1 billion in damages from Walt Disney Co. and Fox Entertainment Group for alleged breach of contract related to a theme park, the company said Tuesday.
Source: YahooSG - 🏆 3. / 71 Read more »
Disney, Fox sued in US for $1.4 billion by Genting over Malaysia theme parkWalt Disney Co and Twenty-First Century Fox Inc were sued for more than US$1 billion (S$1.374 billion) on Monday by casino operator Genting Malaysia Bhd, which accused them of abandoning a contract related to its planned construction of the first Fox-branded theme park. Genting said 'seller's remorse' induced Fox, with Disney's help, to breach its 2013 contract with Fox Entertainment Group to licence intellectual property for Fox World, a proposed addition to its Resorts World Genting complex, an hour's drive from Kuala Lumpur.
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Brazil antitrust body raises concerns over Disney-Fox dealBrazil's antitrust regulator Cade said on Monday that a deal by Walt Disney Co to buy Twenty-First Century Fox's entertainment assets raised ...
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