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Las Vegas Sands Faces New Lawsuit By Former Partner -NYT

DOW JONES NEWSWIRES Las Vegas Sands Corp. (LVS) is being sued for more than $375 million by an estranged former partner for alleged breach of contract, the New York Times's DealBook reported Tuesday, citing the complaint. Asian American Entertainment, controlled by Taiwanese businessman Shi Sheng Hao, filed the suit in Macau in January accusing Las Vegas Sands of improperly breaking off a 2001 agreement to bid for a Macau casino license, and is seeking compensation of MOP3 billion, the report said. Ron Reese, a spokesman for Las Vegas Sands, declined to comment on the suit, according to DealBook. Full story at http://dealbook.nytimes.com/2012/03/13/las-vegas-sands-faces-375-million-lawsuit-by-former-macau-partner/ -Dow Jones Newswires; 212-416-2900

Stock News for Las Vegas Sands (LVS)
DateTimeHeadline
05/23/201516:42:02Las Vegas Sands Lawsuit Could Get Uglier Than Just Words
05/23/201509:00:02Why The Las Vegas Strip Is Thriving While Atlantic City Crumbles
05/22/201508:15:02The Best Return on Equity in Las Vegas
05/21/201515:18:00Las Vegas Sands to Participate in the Bernstein Strategic Decisions...
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05/17/201510:00:11The Best Shows in Las Vegas, And Why Casino Companies Want Them
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05/07/201507:33:17Quarterly Report (10-q)
05/04/201516:56:42Macau's Cold Streak Creates Construction Quandaries
05/04/201512:33:40MGM Resorts International Trounces Q1 Earnings Expectations
05/02/201514:25:03Now Is the Time to Place Your Bet on This Casino Stock
05/02/201511:26:02Melco Crown Entertainment Ltd: Can the Philippines Save This...
05/02/201509:20:02Why Investors Are Short-Selling This Las Vegas Casino
04/24/201517:27:55Las Vegas Sands Corp.'s Equal Weight Rating Reaffirmed at Morgan...
04/24/201516:46:31Additional Proxy Soliciting Materials (definitive) (defa14a)
04/24/201516:42:06Proxy Statement (definitive) (def 14a)
04/24/201510:10:02Las Vegas and Macau Investors: Get Ready for a Bumpy Q1
04/24/201503:22:27Las Vegas Sands Corp. Upgraded by Vetr Inc. to "Buy" (LVS)
04/23/201510:42:02Las Vegas Sands Earnings: Playing With a Bad Hand
04/23/201510:28:29Las Vegas Sands Corp. PT Lowered to $45.00 at Deutsche Bank (LVS)

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