11/04/24 IPI requests meeting over unpaid casino licence fee The casino operator says it now wants “a forum for both parties to seek resolution in good faith.”
10/31/24 Commonwealth Casino Commission chair suggests IPI consider giving up casino licence exclusivity CCC’s board chair Edward DeLeon Guerrero has said IPI should voluntarily surrender its casino licence exclusivity to sell its assets.
10/24/24 CNMI chief judge recuses herself from IPI bankruptcy case due to conflict of interest Chief Bankruptcy Judge Robert J. Faris from the District of Hawaii has been appointed to preside over the matter.
10/01/24 Commonwealth Casino Commission: IPI revocation hearing to continue after Manglona’s assumption CCC’s board chair Edward DeLeon Guerrero has said the revocation of IPI’s licence will be one of the first issues to be addressed.
09/24/24 IPI creditors seek holistic approach to assets sale Creditors say that treating the assets solely as real estate could discourage potential buyers in the gaming industry.
09/20/24 IPI asset liquidation: bidder challenges creditor and government subpoena Loi Lam Sit’s attorney has said that the deposition notice and subpoenas should be found invalid.
09/03/24 CNMI government opposes IPI assets sale It argues that the proposed sale would not benefit all creditors.
08/23/24 Court rejects CNMI government bid to liquidate IPI assets The court has rejected a motion filed by the government to convert Chapter 11 bankruptcy to Chapter 7.
08/22/24 IPI aims to sell hotel casino and other assets Imperial Pacific International has requested court approval for a sale to Loi Lam Sit.
07/05/24 Creditors oppose CNMI government bid to liquidate IPI assets IPI creditors argue that conversion to Chapter 7 would disadvantage them.
