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KUALA LUMPUR, Malaysia (AP) – Genting Malaysia resort developer has filed a lawsuit in California seeking at least $ 1 billion in damages from Walt Disney Co. and the Fox Entertainment Group for alleged breach of contract. a theme park, announced Tuesday the company.
The lawsuit filed Monday in California Central District Court alleges damages related to Fox's withdrawal from an agreement reached in 2013 on the intellectual property of a Fox World amusement park. located at Resort World Genting, a sprawling property 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 terminating the agreement.
Despite disagreements over the specific terms of the agreement, Genting said in a statement that Fox had no reason to withdraw. The complaint also alleges that Disney and 21st Century Fox interfered with the contract and resulted in the violation of Twentieth Century Fox Licensing and Merchandising, a subsidiary of Fox Entertainment.
The acquisition of 21st Century Fox by Disney has raised issues, as the resort of Genting includes a casino, which contradicts Disney's position against the game.
Genting says it has invested nearly $ 180 million in the Fox project. Its latest quarterly report indicated that the group was focusing on developing its resort and preparing for the rollout of the much-anticipated 20th Century Fox theme park and another attraction, the Skytropolis covered theme park.
The opening of the Fox theme park was planned for the first half of 2019.
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