{"id":23729,"date":"2021-10-20T11:46:29","date_gmt":"2021-10-20T14:46:29","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=23729"},"modified":"2026-04-23T14:37:06","modified_gmt":"2026-04-23T17:37:06","slug":"ipi-faces-another-lawsuit-for-breach-of-contract","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/ipi-faces-another-lawsuit-for-breach-of-contract","title":{"rendered":"IPI faces another lawsuit for breach of contract"},"content":{"rendered":"\n<p>Kan Pacific Saipan is demanding a jury trial in a lawsuit against IPI for breach of contract and unpaid fees dating back to June 2019.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Northern Mariana Islands.-\u00a0<strong>Imperial Pacific International\u00a0<\/strong>is facing another legal issue. Kan Pacific Saipan Ltd has now filed a lawsuit in Federal Court alleging that IPI failed to pay the company, violating the agreement they reached in May 2016.\u00a0<\/p>\n\n\n\n<p>The company&#8217;s lawyer Joseph Iacopino said that\u00a0<strong>IPI still needs to make annual payments due June 2020 and June 2021<\/strong>, which amount to more than US$400,000.\u00a0<strong>Kan Pacific wants a jury trial and hopes that the court will order IPI to pay damages<\/strong>, arrears, legal costs, pre-judgment interest, and other relief that the court deems appropriate.<\/p>\n\n\n\n<p>In July,\u00a0<a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/kan-pacific-saipan-complaint-against-ipi-dismissed\">Kan Pacific Saipan Ltd\u2019s complaint against IPI was dismissed<\/a>\u00a0without prejudice by the Court Associate Judge Wesley Bogdan. IPI asked the court to dismiss the case because Kan Pacific failed to join an indispensable party, the CNMI Department of Public Lands (DPL).<\/p>\n\n\n\n<p>IPI argued that&nbsp;<strong>the Department of Public Lands is a third-party beneficiary to the contract in dispute&nbsp;<\/strong>and that DPL was indispensable to resolving the suit because it had additional facts and evidence needed to fully determine any liability.<\/p>\n\n\n\n<p>The agreement between Kan Pacific was essentially to transfer all of Kan Pacific&#8217;s assets and business to IPI, and required Kan Pacific to encourage existing employees to join IPI.\u00a0<\/p>\n\n\n\n<p>According to Saipan Tribune, Iacopino said: &#8220;Kan Pacific sent IPI more than 10 days\u2019 notice of such default.<\/p>\n\n\n\n<p>&#8220;<strong>IPI has nevertheless continued to refrain from tendering any portion of such payment<\/strong>\u00a0or any other amount that has become due and owing thereafter, including the annual payment that became due and owing on June 1. 2021.&#8221;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">CCC seeks immediate revocation of IPI casino licence<\/h2>\n\n\n\n<p><a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/ccc-seeks-immediate-revocation-of-ipi-casino-licence\">Andrew Yeom<\/a>, CCC\u2019s executive director, has called for\u00a0<strong>Imperial Pacific International\u2019s (IPI)\u00a0<\/strong>gaming licence to be permanently revoked. He says <strong>IPI failed to comply with CCC\u2019s final order<\/strong>\u00a0in four enforcement actions that were entered over five months ago.<\/p>\n\n\n\n<p><strong>Imperial Pacific International\u2019s (IPI)<\/strong>&nbsp;<a target=\"_blank\" href=\"https:\/\/focusgn.com\/asia-pacific\/imperial-pacific-faces-saipan-casino-licence-suspension\" rel=\"noreferrer noopener\">gaming licence has already been suspended<\/a>&nbsp;indefinitely as the operator failed to comply with regulatory orders.&nbsp;<\/p>\n\n\n\n<p>The Commonwealth Casino Commission board ordered&nbsp;<strong>IPI to pay a penalty of US$6.6m<\/strong>, an annual casino exclusive licence fee of US$15.5m and&nbsp;<strong>annual casino regulatory fees of US$3.1m<\/strong>.<\/p>\n\n\n\n<p>Yeom said: \u201cUnfortunately, the very violations that triggered the suspension are still mounting while<strong>&nbsp;IPI has done nothing to indicate any willingness to come into compliance<\/strong>&nbsp;with the aforementioned final order.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kan Pacific Saipan is demanding a jury trial in a lawsuit against IPI for breach of contract and unpaid fees dating back to June 2019.<\/p>\n","protected":false},"author":176,"featured_media":18727,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"Imperial Pacific International (IPI) faces a lawsuit from Kan Pacific Saipan Ltd for over US$400,000 in unpaid fees and breach of contract, while the Commonwealth Casino Commission (CCC) seeks permanent revocation of IPI's indefinitely suspended gaming license. These actions stem from IPI's persistent non-compliance with regulatory orders and outstanding financial obligations, including US$6.6m in penalties and over US$18m in annual license and regulatory fees.","focusai_entities":"Kan Pacific Saipan Ltd, Imperial Pacific International, Joseph Iacopino, CNMI Department of Public Lands, Wesley Bogdan, Commonwealth Casino Commission, Andrew Yeom","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (0.9), regulator (1.0), compliance_legal (1.0), operator_casino (0.8), investor_analyst (0.95), supplier_vendor (0.75), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI's Financial Viability?","query":"What is the estimated total financial liability for Imperial Pacific International, encompassing the Kan Pacific lawsuit, CCC penalties, and outstanding license fees, and how does this impact its solvency and operational continuity?"},{"label":"Regulatory Precedent?","query":"What precedent does the Commonwealth Casino Commission's pursuit of permanent license revocation against IPI set for regulatory enforcement and governance frameworks within the Northern Mariana Islands' iGaming sector?"}],"footnotes":""},"categories":[16336,439],"tags":[14213,22674],"class_list":["post-23729","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-legal-news","tag-imperial-pacific","tag-ipi"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23729","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/users\/176"}],"replies":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/comments?post=23729"}],"version-history":[{"count":3,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23729\/revisions"}],"predecessor-version":[{"id":23739,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/23729\/revisions\/23739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/18727"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=23729"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=23729"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=23729"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}