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4th IPI auction nets over $225K

The fourth auction in a series of six that’s mandated pursuant to the receivership granted in favor of USA Fanter Corp. against Imperial Pacific International (CNMI) LLC netted over $225,000. Michael White, who represents Clear Management Ltd.—the court-appointed receiver in this...
Posted On Apr 19 2023 06:04
, By Kimberly Bautista Esmores
0

Igitol appointment to MVA board withdrawn

Without explaining his reason, Gov. Arnold I. Palacios has withdrawn his appointment of former Retirement Fund board member Rosa L. Igitol to the Marianas Visitors Authority board of directors. On the other hand, Palacios recently nominated Juan Aschingtip Taisakan Iguel to the...
Posted On Apr 19 2023 06:03
, By Ferdie De La Torre
0

IPI asks court to vacate $500K judgment

Imperial Pacific International (CNMI) LLC has asked the U.S. District Court for the NMI to vacate the $500,000 judgment that was previously granted in favor of U.S.A. Fanter Corp. Ltd., on the grounds of “extraordinary circumstances.” IPI filed last Sunday a motion for relief...
Posted On Apr 18 2023 06:06
, By Kimberly Bautista Esmores
0

Joint Senate, House conference committee sets meeting today

The Senate’s and House of Representatives’ conference committees will hold a joint meeting today, Tuesday, to resolve their differences on a bill that would revise the budget law for the CNMI government’s operations for fiscal year 2023. This developed after Senate President...
Posted On Apr 18 2023 06:06
, By Ferdie De La Torre
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