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2nd auction for IPI equipment starts

Court-appointed receiver Clear Management Ltd. has launched the second auction of Imperial Pacific International (CNMI LLC’s gaming equipment. In its update on the receivership approved by the U.S. District Court for the NMI against IPI, the Clear Management website stated that...
Posted On Nov 02 2022 06:04
, By Kimberly Bautista Esmores
0

IPI now up to date with payroll

As of Wednesday last week, Imperial Pacific International (CNMI) LLC has paid all outstanding payroll to their active employees, according to Commonwealth Casino Commission executive director Andrew Yeom. He informed the CCC board during their monthly meeting Thursday that,...
Posted On Nov 02 2022 06:03
, By Ferdie De La Torre
0

IPI found in default of land lease agreement

The Department of Public Lands has notified Imperial Pacific International (CNMI) LLC that it is in default of their lease agreement over the public lands in Garapan where IPI’s resort and casino facilities sit for failing to pay rent and interest in the amount of $263,595 and...
Posted On Oct 28 2022 06:06
, By Ferdie De La Torre
0

No to pausing IPI receivership

U.S. District Court for the NMI Chief Judge Ramona Mangloña said no yesterday to Imperial Pacific International (CNMI) LLC’s request to pause the IPI receivership, but she said she may reconsider if the casino firm can demonstrate that it has satisfied pending court judgments. In...
Posted On Oct 28 2022 06:06
, By Kimberly Bautista Esmores
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