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Disney, Fox sued in US for US$1bil by Genting over Malaysia theme park


Left: The entrance to Walt Disney studios is seen in Burbank, California, U.S. Right: The flag of the Twenty-First Century Fox Inc is seen waving at the company headquarters in the Manhattan borough in New York

Left: The entrance to Walt Disney studios is seen in Burbank, California, U.S. Right: The flag of the Twenty-First Century Fox Inc is seen waving at the company headquarters in the Manhattan borough in New York

Walt Disney Co and Twenty-First Century Fox Inc were sued for more than US$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 licence intellectual property for Fox World, a proposed addition to its Resorts World Genting complex, an hour's drive from Kuala Lumpur.

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