A Nevada court will consider Sheldon Adelson’s dealings in Macau after the Las Vegas Sands boss lost his bid to keep former Sands China CEO Steve Jacobs’ wrongful termination suit out of US courts.
On Friday, District Court Judge Elizabeth Gonzalez ruled that there was sufficient cause to hear Jacobs’ lawsuit in Nevada. Adelson had argued that Sands China was a distinct entity from Las Vegas Sands and thus Macau had jurisdiction. Jacobs countered by producing evidence showing Adelson’s extremely hands-on approach to his Macau casinos.
Gonzalez said Jacobs’ attorneys had convinced her that Adelson and Las Vegas Sands exerted a degree of control over Sands China that “goes far beyond the ordinary relationship of parent and subsidiary.” Gonzalez said Adelson and LVS COO Michael Leven had been managing Sands China both before and after its first Macau casino opened.
Adelson plans to appeal the ruling, as his lawyers have done at every opportunity since Jacobs was abruptly sacked in 2010. Gonzalez noted the number of years the case had taken to get this far and believed “judicial economy would be served” by letting Nevada courts have at it, already.