A lawyer for Las Vegas Sands Corp. said the Chinese government had no part more than 10 years ago in the award of gaming licenses in Macau for the casino operator controlled by billionaire Sheldon Adelson.
Wynn Resorts Ltd.’s lawsuit with former director Kazuo Okada was halted while U.S. authorities pursue a criminal investigation into possible bribery of Philippine officials by the Japanese billionaire.
An independent review commissioned by Kazuo Okada’s lawyers found that Wynn Resorts Ltd.’s investigation that cost the Japanese billionaire his 20 percent stake in the casino operator was “deeply flawed.”
Ropes & Gray LLP added four new corporate partners. Bracewell & Giuliani LLP lawyers Jonathan Gill and Robb Tretter join the firm in New York as partners in the private-equity practice, focusing on distressed investing. Mark Wesseldine, previously of Fried Frank, Harris, Shriver & Jacobson LLP will be joining the firm as a finance partner in London. Victoria Lloyd, a capital markets and mergers and acquisitions lawyer also from Fried Frank, is joining Ropes & Gray in its Hong Kong office.
Las Vegas Sands Corp. Chairman Sheldon Adelson returned to the witness stand, saying if he didn’t defend the lawsuit brought by a Hong Kong businessman, there would be a line around the block with people suing him.
Las Vegas Sands Corp. Chairman Sheldon Adelson told a jury a Hong Kong businessman who seeks $328 million over claims he helped the casino operator get a Macau gaming license couldn’t deliver what he promised.