Casino Magnate Again Sues Daughters For Gaming Co.

Law360, New York (February 16, 2011, 7:46 PM EST) -- Casino tycoon Stanley Ho on Wednesday filed a new lawsuit against two of his daughters in an effort to reclaim his stake in Lanceford Co. Ltd., alleging his family reneged on promises to return company shares to him.

Ho filed a writ in the High Court of Hong Kong, launching a new legal effort to recover assets he claims were wrongly taken from him after efforts to resolve an earlier dispute failed, according to his attorneys at Oldham Li & Nie.

The stake in the gambling...
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