By Jonathan Stempel (Reuters) - Walt Disney Co and Twenty-First Century Fox Inc were sued for more than $1 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 license intellectual property for Fox World, a proposed addition to its Resorts World Genting complex, an hour's drive from Kuala Lumpur. Disney did not immediately respond to requests for comment.
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Tuesday, 27 November 2018
Disney, Fox sued in U.S. for $1 billion over Malaysia theme park
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