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Dynasty’s bankruptcy petition dismissed

The U.S. District Court for the NMI Bankruptcy Division granted the U.S. Trustee’s motion yesterday to dismiss the bankruptcy petition filed by the owner of Tinian Dynasty Hotel & Casino. U.S. Bankruptcy Judge Robert J. Faris rendered moot all the other pending motions filed...
Posted On Jan 15 2016 06:06
, By Ferdie De La Torre

Couple indicted on charge of harboring illegal aliens

A federal grand jury has indicted a couple who allegedly got paid to harbor two illegal Chinese aliens, including a child they enrolled in a public school. The indictment charged Francisco Muna Tydingco and Lili Zhang Tydingco with two counts of harboring illegal aliens....
Posted On Jan 11 2016 06:00
, By Ferdie De La Torre

‘Rev&Tax chief should decide tax status of Settlement Fund’

The CNMI government has asked the U.S. District Court for the NMI to hold off on deciding whether the NMI Settlement Fund is a tax-exempt entity, saying it should refer that decision to the director of Revenue and Taxation. However, if the District Court proceeds with deciding...
Posted On Jan 08 2016 06:00
, By Ferdie De La Torre

Fed court asked to confirm Fund’s status as tax-exempt

The trustee of the NMI Settlement Fund and the counsel for Betty Johnson’s class action members have filed a joint motion to confirm the Fund’s status as a tax-exempt entity. According to Fund trustee counsel Dean A. Manglona and Johnson’s class counsel Robert M. Hatch, the...
Posted On Jan 04 2016 06:00
, By Ferdie De La Torre
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