GGAM sues Bloomberry’s Razon in New York court

A unit of Global Gaming Asset Managers is suing Bloomberry Resorts Chairman Enrique Razon in a New York court, claiming he illegally terminated a management accord for the Solaire Resort & Casino and is hiding assets in the U.S. to avoid payment of an arbitration award.

Philippines billionaire Razon being sued for ending casino deal (Bloomberg)