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Disney Says ‘No Merit' To Malaysia Resort Company Lawsuit
AppleMagazine
|November 30, 2018
Resort developer Genting Malaysia’s lawsuit seeking $1 billion in damages from Walt Disney Co. and Fox Entertainment Group for alleged breach of contract related to a theme park, is “without merit,” Disney said Tuesday.
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The lawsuit filed this week in the Central California District Court cites damages from Fox’s withdrawal from an agreement set in 2013 to license its intellectual property for a Fox World theme park in Resort World Genting, a sprawling facility perched on a mountain in Malaysia.
The theme park would have been Fox’s first. According to Genting’s complaint, Fox issued a “notice of default” aimed at ending the agreement.
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