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Macau Legend accuses Cape Verde of unilateral contract termination in casino project

Macau Legend accuses Cape Verde of unilateral contract termination in casino project

Macau Legend Development (MLD) has accused the Cape Verdean government of committing an “offensive act” by unilaterally terminating contracts for a gaming and tourism project in Praia. The decision, announced in the Official Gazette last month, came without prior notice, according to the Hong Kong-

28like·0comment2024-12-09
Macau to “vigorously contest” Cape Verde government claims

Macau to “vigorously contest” Cape Verde government claims

A legal battle is set to escalate after Macau Legend Development revealed it intends to “vigorously contest” claims made by the Cape Verde Government.This follows claims from the Cape Verde Government that Macau Legend Development had fallen short of its project deadlines, prompting them to cancel t

32like·0comment2024-11-26
Cabo Verde cancels casino-resort contract with Macau Legend Development over agreement violations

Cabo Verde cancels casino-resort contract with Macau Legend Development over agreement violations

The government of Cabo Verde has terminated its contracts with Macau Legend Development (MLD), citing “flagrant and repeated” violations of obligations tied to a $265 million casino-resort project in Praia. The announcement, detailed in the Official Gazette on Monday, signals the end of a venture th

21like·0comment2024-11-20

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