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$125K in damages awarded to businessman

A Chinese businessman who alleged that he was detained in China for 22 months due to political influence exerted by his former business partners on Saipan, has prevailed in a lawsuit in federal court and was awarded $125,699.60 in damages. U.S. District Court for the NMI Chief...
Posted On Mar 23 2016 06:06
, By Ferdie De La Torre

Company says claims of torture, conspiracy only rely on lawyer’s unsworn allegations

Universal Group Development Inc. (Saipan) asserts that businessman Wanzhong Yu’s claims of torture and international conspiracy are without evidence and appear to rely solely on his lawyer’s unsworn allegations. Universal Group, through counsel Samuel Mok, filed on Friday in the...
Posted On Feb 24 2015 04:00
, By Ferdie De La Torre

$250K in cash during 2005 burglary

Universal Group Development Inc. (Saipan), a company that is suing a bank and its former president for allegedly blocking the firm from gaining access to $225,000 of its own funds from a business savings account, used to run a store that was burglarized and some $250,000 in cash...
Posted On Feb 05 2015 04:00
, By Ferdie De La Torre

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