{"id":777010559,"date":"2023-10-25T07:01:39","date_gmt":"2023-10-25T10:01:39","guid":{"rendered":"https:\/\/focusgn.com\/asia-pacific\/?p=777010559"},"modified":"2026-04-22T16:49:14","modified_gmt":"2026-04-22T19:49:14","slug":"us-court-grants-kan-pacific-request-to-seize-ipi-property","status":"publish","type":"post","link":"https:\/\/focusgn.com\/asia-pacific\/us-court-grants-kan-pacific-request-to-seize-ipi-property","title":{"rendered":"US court grants Kan Pacific request to seize IPI property"},"content":{"rendered":"\n<p>IPI has failed to pay a judgment awarded to the company.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Northern Mariana Islands.- The US District Court for the Northern Mariana Islands has granted a request by Kan Pacific Saipan to seize and sell property owned by Imperial Pacific International (IPI).\u00a0Chief judge Ramona V. Manglona issued the approval for\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/kan-pacific-seeks-writ-of-execution-to-seize-ipi-properties\" target=\"_blank\">Kan Pacific&#8217;s request<\/a> to satisfy a judgment totalling $697,801.30, and interest for a breach of contract.<\/p>\n\n\n\n<p>Previous requests have been granted to\u00a0Joshua Gray, a former director of operations\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/focusgn.com\/asia-pacific\/former-ipi-employee-awarded-us5-6m-in-discrimination-lawsuit\" target=\"_blank\">who won a discrimination lawsuit<\/a>\u00a0against the casino operator, and US Fanter. In its application for a writ of execution, Kan Pacific recognised these prior writs and sought precedence concerning any remaining unsold assets or funds following the satisfaction of Fanter&#8217;s and Gray&#8217;s judgments. <\/p>\n\n\n\n<p>According to Saipan Tribune, Manglona stated: \u201cThe court grants Kan Pacific\u2019s application. It is therefore ordered that the clerk issue the writ of execution to the U.S. Marshal for the seizure of IPI\u2019s vehicles, IPI\u2019s liquor, IPI\u2019s dragons, IPI\u2019s computer hardware, IPI\u2019s furniture, and equipment, IPI\u2019s casino-related equipment and security equipment, and any and all other personal property of IPI as further identified in the application for the writ.&nbsp;<\/p>\n\n\n\n<p>&#8220;The clerk shall also provide IPI notice of its rights. Once the U.S. Marshals Service executes the writ of execution, IPI may file, in writing, any exceptions. Such filing is due 14 days after execution of the writ.\u201d\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IPI has failed to pay a judgment awarded to the company.<\/p>\n","protected":false},"author":176,"featured_media":777006346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"is_press_release":false,"is_interview":false,"is_opinion":false,"focusai_summary":"The US District Court for the Northern Mariana Islands has authorized Kan Pacific Saipan to seize and liquidate assets belonging to Imperial Pacific International (IPI) to satisfy a breach of contract judgment totaling $697,801.30. This action follows similar writs granted to other creditors, including a former director, highlighting IPI's significant financial distress and failure to meet its legal obligations.","focusai_entities":"Kan Pacific Saipan, Imperial Pacific International, IPI, Joshua Gray, US Fanter, Ramona V. Manglona, Saipan Tribune, U.S. Marshals Service","focusai_location":"Northern Mariana Islands, Saipan","focusai_target_profile":"ceo_executive (0.95), regulator (0.95), compliance_legal (0.9), operator_casino (0.85), investor_analyst (0.95), supplier_vendor (0.8), journalist_researcher (0.9)","focusai_suggestions":[{"label":"IPI Total Liabilities?","query":"What is the estimated total outstanding debt and creditor exposure for Imperial Pacific International across all known judgments and liabilities?"},{"label":"License Viability Impact?","query":"How will these ongoing financial distress and asset seizures impact the long-term viability and regulatory standing of IPI's gaming license in the Northern Mariana Islands?"}],"footnotes":""},"categories":[16336,157],"tags":[24134],"class_list":["post-777010559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-australasia-news","category-business-news","tag-imperial-pacific-international"],"_links":{"self":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010559","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=777010559"}],"version-history":[{"count":4,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010559\/revisions"}],"predecessor-version":[{"id":777041081,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/posts\/777010559\/revisions\/777041081"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media\/777006346"}],"wp:attachment":[{"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/media?parent=777010559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/categories?post=777010559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/focusgn.com\/asia-pacific\/wp-json\/wp\/v2\/tags?post=777010559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}