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Ron Perelman Faces Appeal of Scientific Games Suit in Delaware

Nov. 12, 2020, 7:26 PM

Scientific Games Corp.'s second-largest shareholder asked Delaware’s top court to revive claims that billionaire Ron Perelman and other company leaders are trying to force it out by citing phony concerns over its onetime stake in a payment processor reportedly used to fund Russia’s war in eastern Ukraine.

The hedge fund, Sylebra Capital Partners Master Fund Ltd., said in a notice docketed Thursday that it was appealing a ruling dismissing the case from Delaware’s Chancery Court. Vice Chancellor Joseph R. Slights III held in October that the dispute belongs in Nevada, where Scientific Games is headquartered, incorporated, and ...

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