Brief: Skycity Entertainment To File NZICC Legal Proceedings Against Fletchers
June 6 (Reuters) - Skycity Entertainment Group Ltd SKC.NZ: SKYCITY TO FILE NZICC LEGAL PROCEEDINGS AGAINST FLETCHERS CLAIM SEEKS DAMAGES FOR LOSSES INCURRED BY SKYCITY ARISING FROM ONGOING DELAYS IN COMPLETION OF PROJECT CLAIMS THAT IT IS ENTITLED UNDER CONTRACT TO LIQUIDATED DAMAGES OF OVER NZ$330 MILLION FROM FLETCHERS HAS ATTEMPTED TO RESOLVE THESE CLAIMS BY AGREEMENT WITH FLETCHERS BUT HAS BEEN UNABLE TO DO SO. Further company coverage: SKC.NZ ((Reuters.Briefs@thomsonreuters.com;))
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