Imperial Pacific International says its business is still viable despite reporting a loss for the past two years and said its controlling shareholder has pledged to provide finance to settle its liabilities and and potential litigation costs.
Chief Judge Ramona Manglona of the District Court for the NMI has ordered Imperial Pacific International Chairwoman Cui Li Jie to make a forensic copy of her cell phone, including all WeChat data, as well as her email accounts, messaging accounts or other...
US District Court for the NMI Chief Judge Ramona Manglona has ordered Imperial Pacific International to pay over US$3 million to Pacific Rim Land Development, no later than March 30. for attorney’s fees and costs.
Chief Judge Ramona Manglona of the District Court for the NMI has ruled that Imperial Pacific International violated her discovery order in connection with the Pacific Rim Land Development case and is in contempt of court.
Imperial Pacific International has narrowly avoided receivership for the time being after reaching a new arrangement with the US Department of Labor. Meanwhile, it is also agreed between the US Department of Labor and the CNMI Department of Finance that...
The receivership proceedings of Imperial Pacific International was given another extension, this time for another four days until tomorrow, March 23.
Imperial Pacific International has been given an extension until March 19 to settle its debts before its assets are put into receivership. The company was to have paid millions in back wages and other costs by this Friday.
Unless Imperial Pacific International pays up nearly US$2 million by 1:30pm local time today, it is expected to go into receivership by court order.
The Commonwealth of Northern Mariana Islands' casino regulator (CNMI) is asking the Legislature for a $3.19-million budget for fiscal year 2022, to be used for personnel, operations, and related costs that would enable it to carry out its casino regulatory...
Receivers valuing the assets of Imperial Pacific International are trying to ascertain whether two crystal glass dragons in the property's lobby are listed amongst its assets. The company allegedly paid $10.28 million for the chandeliers.
The US District Court for NMI ordered the appointment of Joyce Tang as possible receiver of Imperial Pacific International in a potential settlement to pay off the balance that IPI owes the US Department of Labor in a consent judgment, though IPI still...
District Court for NMI Chief Judge Ramona Manglona has granted the US Department of Labor’s nomination of Joyce Tang as receiver should Imperial Pacific International be ordered to go into receivership.
The FBI have entered an ongoing scandal in which police at Guam’s ports and airports are under suspicion of engaging in illegal gambling.
In a clutch of new developments in Saipan, the Commonwealth Casino Commission Chairman Edward C. Deleon Guerrero questioned Imperial Pacific International’s financial suitability to maintain its casino license, noting that should the license be suspended...
Imperial Pacific International lawyer Michael Dotts has advised the federal court that putting the firm’s local assets into receivership could lead to a “full liquidation.”
Commonwealth Casino Commission executive director Andrew Yeom has asked the commissioners to suspend the casino license of Imperial Pacific International, which has racked up 16,165 regulatory violations.
The CNMI’s Commonwealth Casino Commission has rejected former CNMI Senator Ray N. Yumul’s application to be temporarily licensed as the CEO of Imperial Pacific International, citing the fact that the fees for the ninety-day license have yet to be...
Senate President Jude Hofschneider (R-Tinian) has asked fellow senators to not only focus on the faults of Imperial Pacific International, reminding them that IPI paid a total of US$204.8 million in taxes and fees from 2015 to 2018.
Imperial Pacific International does not oppose having the Commonwealth Casino Commission suspend its casino gaming license, admitting its failure to pay the US$40 million Community Benefit Fund contribution in 2018 and 2019, and failing to pay the US$15.5...
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