01/12/22 IPI’s former chairwoman penalty of $1,000 a day to continue Chief Judge Ramona V. Manglona has confirmed the $1,000-a-day sanction against former IPI chairwoman Cui Li Jie will continue to accrue.
01/07/22 USA Fanter is no longer interested in IPI’s limited receivership Chief Judge Ramona V. Manglona stated that USA Fanter Corp. Ltd. has received sufficient bonds guaranteed by Imperial Pacific International LLC and is no longer interested in the company’s limited receivership.
01/04/22 CCC: Bill to end IPI’s exclusive licence is unconstitutional Andrew Yeom, the CCC’s executive director, said the local bill to allow five casino licences in Saipan would violate Article 1 Section 1 of the Contract Clause of the Commonwealth Constitution.
12/23/21 IPI’s former chairwoman faces penalty of US$200 a day Chief Judge Ramona V. Manglona has ruled that Cui Li Jie has failed to provide backups of her electronically stored information.
12/21/21 IPI equipment auction to be postponed until January 31 The CNMI Court has granted IPI’s request to extend the stay on receivership.
12/16/21 Creditors oppose IPI request to extend stay on receivership IPI’s creditors have filed motions opposing IPI’s request for a further stay of the receivership.
12/09/21 IPI to provide supersedeas bond in lawsuit filed by USA Fanter Imperial Pacific International has confirmed it will provide a $2.45m defendant’s appeal bond for the judgement in the lawsuit filed by USA Fanter Corp.
12/08/21 IPI seeks dismissal of Kan Pacific lawsuit Imperial Pacific International has asked the Federal Court to dismiss Kan Pacific Saipan’s lawsuit.
12/06/21 CLC yet to consider deadline extension for IPI’s Garapan casino Imperial Pacific’s request for a five-year extension to finish the construction of a new casino in Garapan hasn’t yet been answered by the Commonwealth Lottery Commission.
12/01/21 IPI equipment auction postponed for 30 days The receiver Clear Management has postponed the first of six auctions of IPI’s gaming equipment to give the company time to settle a lawsuit with a former contractor.
11/24/21 IPI seeks to avoid auction by paying USA Fanter through restricted account IPI is seeking to avoid the auction of its property in the Northern Mariana Islands.
11/23/21 NMI Judge orders release of $5.59m to Pacific Rim Pacific Rim Land Development, IPI’s former contractor, has been granted its request for the release of $5.59m held in an investment portfolio consisting of short-term US government bonds.
11/22/21 First IPI equipment auction to be held on November 30 Clear Management has announced the first of six auctions of IPI’s gaming equipment as it seeks to collect on an unpaid balance of around $2m.
11/18/21 IPI’s casino gaming equipment will be sold in six auctions IPI’s receiver Clear Management has announced that six auctions will be held.
11/08/21 NMI Judge found former IPI chairwoman in contempt of court again Chief Judge Ramona V. Manglona has found Cui Li Jie, former IPI chairwoman, in contempt of court again as she failed to provide backups of her electronically stored information.
