THE M3: JACOBS RESPOND TO LVS COUNTERCLAIM

The Macau Metro Monitor, May 26, 2011

 

 

FIRED EXECUTIVE LEVELS NEW CHARGES AT LAS VEGAS SANDS, ADELSON Las Vegas Sun, macaubusiness.com

Former Sands China CEO Steven Jacobs has filed new papers against LVS and Chairman Sheldon Adelson, alleging that Adelson tried to intimidate the Reuters international news service into retracting its story about the company and its relationship with alleged triad member Cheung Chi Tai by falsely claiming it was defamatory.  Jacobs' lawyers also mention a May 2010 memo from David Law, Sands China’s collection manager, who discussed sending a US$4.8 million (MOP38.4 million) company check by courier to Las Vegas; this goes against Sands' claim that Jacobs lied about the company sending money abroad via a Macau courier.