Philippines Billionaire Razon Sued for Ending Manila Casino Deal

Enrique Razon
Photographer: Patrick T. Fallon/Bloomberg

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By Chris Dolmetsch

March 29, 2021 at 10:00 PM UTC

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Philippines billionaire Enrique Razon was sued in New York by a company that claims the tycoon illegally terminated an agreement to operate a Manila casino and is hiding assets in the U.S. to avoid paying an arbitration award.