{"id":29686,"date":"2022-05-09T10:57:00","date_gmt":"2022-05-09T13:57:00","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=29686"},"modified":"2026-04-23T08:53:26","modified_gmt":"2026-04-23T11:53:26","slug":"aaec-wants-to-appeal-court-decision-in-case-against-lvs","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/aaec-wants-to-appeal-court-decision-in-case-against-lvs","title":{"rendered":"AAEC wants to appeal court decision in case against LVS"},"content":{"rendered":"\n<p>Asian American Entertainment Corp Ltd (AAEC) has requested an extra 30 days to appeal the Court of First Instance decision in favour of Las Vegas Sands Corp (LVS).<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Macau.- After hearing the ruling of\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/macau-court-rules-in-favour-of-lvs-in-aaec-case\" target=\"_blank\">the Court of First Instance in favour of Las Vegas Sands Corp<\/a>, Asian American Entertainment Corp (AAEC) has requested 30 days to appeal the decision. It claims it has not been provided with a full sentencing decision in Portuguese.<\/p>\n\n\n\n<p>AAEC was claiming US$7.5bn from LVS for breach of contract. The two companies had signed a partnership in October 2001 with a view to exploring a potential bid for a Macau concession, however, LVS ultimately partnered with Galaxy Entertainment, with whom it won a licence.<\/p>\n\n\n\n<p>LVS\u2019s lawyer claimed that&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/lvs-blames-aaec-for-failed-partnership-on-macau-casino-licence\" rel=\"noreferrer noopener\">AAEC was the first to break up the partnership<\/a><strong>&nbsp;<\/strong>and trade with rivals including Hong Kong entrepreneur Lui Che Woo.&nbsp;<\/p>\n\n\n\n<p>After several twists and turns,&nbsp;<strong>the court ruled in favour of LVS<\/strong>, considering that AAEC had acted in &#8220;bad faith&#8221; in its legal action for compensation against Las Vegas Sands, by &#8220;\u2018intentionally distorting the facts and seriously overestimated the amount of compensation&#8221;.<\/p>\n\n\n\n<p>However, according to Macau Business, AAEC lawyers stated: &#8220;The court is versed in the two languages, Portuguese and Chinese [\u2026] It did however only issue the ruling in Chinese, a 99-page document. The plaintiff\u2019s legal counsel has no way to read the full version of the sentence for obvious reason.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian American Entertainment Corp Ltd (AAEC) has requested an extra 30 days to appeal the Court of First Instance decision in favour of Las Vegas Sands Corp (LVS).<\/p>\n","protected":false},"author":176,"featured_media":9179,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Asian American Entertainment Corp Ltd (AAEC) has requested a 30-day extension to appeal a Macau Court of First Instance decision favoring Las Vegas Sands Corp (LVS) in a US$7.5bn breach of contract claim. AAEC alleges it was not provided with a full Portuguese sentencing decision, despite the court ruling LVS was not liable and that AAEC acted in \"bad faith\" by intentionally distorting facts and overestimating compensation.","focusai_entities":"Asian American Entertainment Corp Ltd, AAEC, Las Vegas Sands Corp, LVS, Galaxy Entertainment, Lui Che Woo","focusai_location":"Macau, Hong Kong","focusai_target_profile":"ceo_executive (0.95), regulator (0.75), compliance_legal (0.98), operator_casino (0.9), investor_analyst (0.97), journalist_researcher (0.93)","focusai_suggestions":[{"label":"Appeal grounds validity","query":"What are the specific legal grounds AAEC intends to pursue in its appeal, particularly concerning the alleged lack of a Portuguese sentencing decision, and how might this impact the appellate court's review of the 'bad faith' finding?"},{"label":"LVS financial exposure","query":"What is the current financial exposure for Las Vegas Sands Corp, considering the US$7.5bn claim and the potential for further legal proceedings, and how is this factored into their capital allocation and investor relations strategy?"}],"footnotes":""},"categories":[16338,439],"tags":[23715,1642],"class_list":["post-29686","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-east-asia-news","category-legal-news","tag-aaec","tag-las-vegas-sands"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29686","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=29686"}],"version-history":[{"count":6,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29686\/revisions"}],"predecessor-version":[{"id":29712,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/29686\/revisions\/29712"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/9179"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=29686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=29686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=29686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}