A former contractor of Imperial Pacific International (CNMI) LLC has again asked the federal court to issue a writ of execution, this time to seize $46,201 in U.S. currency and $642,207 in foreign currency that were identified during their inspection of IPI\u2019s casino cage. <\/p>\n
Pacific Rim Land Development LLC, through counsel Colin M. Thompson, asked the U.S. District Court for the NMI to issue a writ of execution to have the U.S. Marshal seize the money in the casino cage at the Imperial Pacific Resort & Casino in Garapan for Pacific Rim.<\/p>\n
Thompson said they inspected IPI\u2019s casino cage last Monday and saw $46,2011 in U.S. currency and $642,207 in foreign currency\u201459,700 in Renminbi, 508,100 in Hong Kong dollars, 63,065,000 in Japanese yen, and 44,910,000 in Korean won.<\/p>\n
Last July 15, District Court Chief Judge Ramona V. Manglona granted Pacific Rim\u2019s motion to release to Pacific Rim $1,383,869 in IPI funds that were seized through writs of execution. Thompson said the court judgment that awarded Pacific Rim $5.65 million, remains unsatisfied in the amount of $5,525,463.<\/p>\n
Last May 26, Manglona amended the judgment to incorporate pre-judgment interest and attorneys\u2019 fees. The clerk then entered an amended judgment in the amount of $6.9 million plus post-judgment interest. <\/p>\n
IPI general counsel Michael Dotts earlier stated that IPI has satisfied about $1.3 million of the judgment following the court\u2019s first and second writs of execution, but the $5.9 million has not been satisfied in full.<\/p>\n","protected":false},"excerpt":{"rendered":"
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