Genting Malaysia’s US subsidiary has filed a motion with the US District Court, Southern District of Florida, to dismiss a suit against it by a key partner in Resorts World Bimini (RWB) in the Bahamas due to it being a shareholder dispute.
In a filing with the Malaysian bourse, Genting Malaysia said that Genting Americas Inc wants the complaint dismissed on multiple grounds, including that “this is a shareholder dispute and therefore should be dealt with pursuant to the Shareholders’ Agreement between the shareholders of [RWB operator] BB Entertainment Ltd in a forum other than the US Court.”
Genting Malaysia also says the claims are “time-barred” and that the complaint fails to adequately allege facts showing that the required elements for each claim have been met.
