Bloomberry’s Enrique Razon Slams Lawsuit by Global Gaming Philippines, Calling it “Shameless”

Enrique Razon Jr’s Bloomberry Resorts Corporation called Global Gaming Philippines “shameless” after it filed a lawsuit in the United States for terminating a casino deal.

Global Gaming Philippines (GGAM) sued Razon in a federal court in New York for scrapping a deal allowing the company to operate Bloomberry’s Solaire Resort and Casino in Parañaque City just 6 months after the project opened in 2013. The suit also claims that Razon is working to prevent GGAM from selling its rights in the project.

The lawsuit aims to enforce a $296.6-million arbitral award by a Singapore court.

Bloomberry said that “Mr. Razon (and the companies associated with him) will vigorously oppose this shameless GGAM forum shopping and attempt to enforce an arbitral award against those who are not a party to the arbitration,”. The company added “GGAM had to ask the Hong Kong court to suspend the proceedings because of the subsisting Philippine court actions. GGAM had to pay the cost of Mr. Razon as the Hong Kong court considered GGAM’s implicating Mr. Razon there unwarranted,”.

To know more about Bloomberry’s side to this case, check out https://www.rappler.com/business/enrique-razon-statement-lawsuit-scrapped-casino-deal-solaire