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Mintz recovered over $300 million on behalf of client Global Gaming Asset Management (GGAM), resolving an eleven-year dispute with Philippine casino operators Sureste Properties, Inc. (SPI)...
THE group of tycoon Enrique K. Razon continues to study market conditions for cruise tourism before finally deciding if it will proceed with its earlier proposed cruise center in Parañaque. Industry sources told the BusinessMirror, “[The Razon Group is] closely monitoring the market and has not decided on next steps…
Companies owned by Spanish-Filipino billionaire Enrique K. Razon Jr. have asked a federal judge to reconsider their motion to compel discovery in their fight against a $297 million award enforcement by Global Gaming Asset Management, saying the materials will show the casino operator withheld evidence of bribery from the tribunal.
Companies owned by Spanish-Filipino billionaire Enrique K. Razon Jr. have asked a federal judge to reconsider their motion to compel discovery in their fight against a $297 million award enforcement by Global Gaming Asset Management, saying the materials will show the casino operator withheld evidence of bribery from the tribunal.
December 23, 2020 | 12:05 am Font Size AAA SUBSIDIARIES of Razon-led Bloomberry Resorts Corp. have added P20 billion to its existing loan facility in an effort to reduce interest expenses. In a regulatory filing on Tuesday, the company said its subsidiaries, Bloomberry Resorts and Hotels, Inc. (BRHI) and Sureste Properties, Inc. (SPI), signed an amendment to the P73.5-billion omnibus loan and security agreement for an additional P20 billion to its loan facility. The company added that the facility was oversubscribed. According to the disclosure, the additional loan will be available ...