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 lawsuit cites damages from Fox’s withdrawal from a 2013 agreement to license its intellectual property for a Fox World theme park in Resort World Genting, a facility 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.
Disney’s acquisition of 21st Century Fox raised issues because Genting’s resort includes a casino, which conflicts with Disney’s stance against gambling.
Genting says it has invested nearly $180 million in the Fox project. Its most recent quarterly report said the group was focused on developing its resort and on preparing to roll out the “highly anticipated 20th Century Fox World Theme Park” as well as another attraction, the Skytropolis indoor theme park.
The opening of the Fox themed park had been planned for the first half of 2019.
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