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HKE seeks court approval to obtain $5M loan

The owner of Tinian Dynasty Hotel & Casino is seeking authorization from U.S. District Court for the NMI’s Bankruptcy Court to obtain a $5-million loan from a lender, Chen Chien Yeh, in order to allow it to reopen the casino portion of the business. Hong Kong Entertainment...
Posted On Jan 07 2016 06:00
, By Ferdie De La Torre

HKE liabilities at $273.5M, not $258.5M; assets at $55.2M

The owner of Tinian Dynasty Hotel & Casino has amended its petition for bankruptcy to reflect that its total liabilities is actually $273.5 million, not $258.5 million. Its total assets remain at $55.2 million. As this developed, Hong Kong Entertainment (Overseas) Investments...
Posted On Jan 04 2016 06:00
, By Ferdie De La Torre

Federal court issues entry of default vs Dynasty’s $2.5M

U.S. District Court for the NMI clerk of court Heather L. Kennedy has granted the U.S. government’s request to issue an entry of default against the $2.5 million that the owner of Tinian Dynasty Hotel & Casino has agreed to pay as part of a $3.03-million settlement of a...
Posted On Dec 22 2015 06:06
, By Ferdie De La Torre

US govt seeks default judgment vs Dynasty’s $2.5M

The U.S. government has requested the federal court to issue an entry of default against the $2.5 million that the owner of Tinian Dynasty Hotel & Casino has agreed to pay as part of a $3.03 million settlement of a criminal case. Assistant U.S. attorney Russell H. Lorfing,...
Posted On Dec 21 2015 06:06
, By Ferdie De La Torre
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