Bloomberry Can't Upend Award In $1.2B Manila Casino Fight
Law360 (February 19, 2021, 8:36 PM EST) -- A Singapore appeals court won't nix an arbitral award finding that Bloomberry Resorts and Hotels Inc. wrongly ousted a casino operator from managing its $1.2 billion Philippine resort and casino, ruling that the operator hadn't wrongly hidden unrelated U.S. corruption probes from the tribunal.
The Singapore Court of Appeal concluded on Tuesday that Bloomberry had failed to show that the award was tainted by fraud because Global Gaming Philippines LLC's CEO had concealed from the tribunal that he had previously been implicated in investigations by U.S. authorities over alleged violations of the Foreign Corrupt Practices Act.
William P. Weidner had formerly served...
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