Gold99 | Resolution of Okada Manila Ownership Dispute Decided by Philippines Highest Court
As per an official submission to regulatory authorities, Universal Entertainment, the Tokyo-headquartered gaming giant overseeing Okada Manila in Entertainment City, Philippines, disclosed that the Supreme Court of the Philippines lifted the previously imposed Status Quo Ante Order (SQAO) earlier this month. This legal decision stemmed from a lawsuit filed by billionaire Kazuo Okada against Universal and the operational entity of Okada Manila, Tiger Resort, Leisure and Entertainment, Inc. (TRLEI). The legal action claimed Okada’s unjust removal from the enterprises he established. | Gold99
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