IPI files countersuit vs RNV Construction


RNV Construction, the company that was chosen to build Best Sunshine Live, has been alleged by Imperial Pacific International, Ltd. to have been substantially paid and to have breached its contract with Imperial Pacific. Imperial Pacific filed a counterclaim against RNV yesterday.

Imperial Pacific disputes the amount that RNV Construction has sought to collect, saying it does not represent what was agreed upon.

RNV’s complaint states that Imperial owes a balance of only $161,500 under the original $3.2 million contract to construct a casino training facility in the Duty Free Shopping mall and $1,510,578.70 for other costs that Imperial disputes.

IPI said it fully respects its local business partners.

RNV Construction has allegedly breached its contract with IPI and has engaged in unfair practices.

“We will continue to work with different business partners, the CNMI government and the community to further grow the local economy, offer job opportunities and to promote Saipan as a premier international tourist destination,” the company said.

IPI said the lawsuit does not affect the ongoing construction of its multimillion-dollar hotel and casino project in Garapan.

Press Release
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