A former contractor of Imperial Pacific International (CNMI) LLC says the casino operator owes it more than $5 million and wants the federal court to place a mechanic\u2019s lien on the company\u2019s hotel-casino project in Garapan and on the land that it sits on.<\/p>\n
Pacific Rim Land Development LLC, through its lawyer, Colin Thompson, filed its notice of lien before the U.S. District Court for the NMI last Tuesday.<\/p>\n
A mechanic\u2019s lien refers to a security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.<\/p>\n
Thompson said the unpaid amount that is owed Pacific Rim is $5.65 million but it wants to collect from IPI approximately $10 million in damages that would be proven at trial.<\/p>\n
Pacific Rim is suing IPI and five unnamed alleged co-conspirators for breach of contract (construction and promissory note), and unjust enrichment.<\/p>\n
According to Thompson in the notice of lien, Imperial Pacific Properties LLC is a wholly owned subsidiary of IPI and owns all leasehold interests in real property in Garapan, where Pacific Rim incorporated materials and provided labor for the hotel-casino complex.<\/p>\n
Thompson said the lands in the hotel-casino complex include those from the Department of Public Lands, Commonwealth Investment Co. Inc., the Arriolas, Joaquin LG Sablan, and J.C. Tenorio Enterprises Inc.<\/p>\n
On Feb. 13, 2018, Pacific Rim entered into a written contract with IPI to build the Imperial Pacific Resort in Garapan.<\/p>\n
Thompson said Pacific Rim substantially completed or completed the agreed upon construction work on Sept. 30, 2018.<\/p>\n
The lawyer said IPI, however, failed to pay the company in full for the work performed and materials supplied despite due demand.<\/p>\n","protected":false},"excerpt":{"rendered":"
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