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Yeom: CCC needs to monitor IPI’s auctioned gaming assets

Commonwealth Casino Commission executive director Andrew Yeom said yesterday that Imperial Pacific International (CNMI) Inc.’s gaming assets that will be auctioned need to be documented by CCC to monitor where these items are going. In response to Saipan Tribune’s inquiry, Yeom...
Posted On Sep 02 2022 06:02
, By Ferdie De La Torre
0

Yeom says CCC needs sufficient funding over court battles, arbitration, with IPI

Commonwealth Casino Commission executive director Andrew Yeom has underscored the need for sufficient funding with CEC’s court battles against Imperial Pacific International (CNMI) LLC, as well as in an arbitration process. Yeom in his latest executive report obtained by Saipan...
Posted On Sep 01 2022 06:06
, By Ferdie De La Torre
0

Sale of IPI assets pending court approval

Although the District Court for the NMI has previously lifted the stay on the limited receivership against Imperial Pacific International (CNMI) LLC, the actual sale of IPI’s assets is still pending the court’s approval. According to a credible source, the plaintiffs in this...
Posted On Sep 01 2022 06:02
, By Kimberly Bautista Esmores
0

Auction of IPI’s assets to begin on August 30

The U.S. District Court for the NMI has lifted the stay on the limited receivership that was previously granted against Imperial Pacific International (CNMI) LLC and its assets and has ordered Clear Management to proceed with its auction of IPI’s assets starting Aug. 30....
Posted On Aug 19 2022 06:06
, By Kimberly Bautista Esmores
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