LOS ANGELES (Legal Newsline) – A Malaysia gaming company is seeking damages from several entertainment companies over the construction of a theme park in Malaysia.
Genting Malaysia Berhad filed a complaint on Nov. 26 in the U.S. District Court for the Central District of California Western Division against Fox Entertainment Group LLC, Twentieth Century Fox Film Corp., Twenty-First Century Fox Inc., FoxNet LLC and The Walt Disney Co. alleging breach of contract and other counts.
According to the complaint, on June 1, 2013, Genting Malaysia Berhad entered into a memorandum agreement contract (MOA) with Fox Entertainment Group (FEG) for licensing to construct a Fox-branded theme park called Fox World in Genting Highlands, Malaysia.
The plaintiff claims it has performed all conditions under the contract but Fox Entertainment Group allegedly caused delays by missing the Key Milestone deadlines and terminating the contract without written notice of default and the opportunity to cure within 30 days.
"Because FEG has no valid grounds on which to terminate the MOA and has improperly conspired with Disney to sabotage the Fox World project, GENM brings this action to enforce its rights under the MOA, to hold Disney and 21CF responsible for their improper meddling in the MOA, and to recoup its $750 million-plus investment in the park, as well as consequential and punitive damages which in total, will amount to in excess of $1 billion," the suit states.
The plaintiff seeks judgment for monetary and punitive damages, prejudgment interest, costs, and such further relief as the court may deem just and proper. It is represented by John V. Berlinski, Daniel A. Saunders and Candace Frazier of Kasowitz Benson Torres LLP in Los Angeles.
U.S. District Court for the Central District of California Western Division case number 2:18-cv-09866-FMO-JPR