January 4, 2022. (Image: Saipan Tribune) IPI has avoided paying a company, Tang’s Corp. Island of Saipan. IPI agreed to pay Saipan annually a $3. Commission Executive Director Andrew Yeom on Thursday reported to the commissioners that according to IPI Human Resource Senior Advisor Reddie Dela Cruz, IPI's payroll "is fully up-to-date as of August 12, 2022, which was the last pay period. Address: 31 Regina Ave, Victoria, BC V8Z 1H8. Many have worked overseas before, in many other countries throughout Europe, Africa, Asia, the Middle East. Rongkun Xiao, a US citizen who resides on Saipan, sued IPI through attorney Collin Thompson for wrongful termination. DeLeon Guerrero, the Commonwealth Casino Commission (CCC) board chair, has revealed that a potential investor has expressed a willingness to invest in completing Imperial Pacific. When IPI was looking to take over Saipan, it made a deal with Kan Pacific Saipan. Imperial Pacific International Holdings Limited ( SEHK : 1076 is a Chinese investment holding company. FERDIE DE LA TORRE. Flores said Yang is a citizen of the People’s Republic of China and does not have lawful immigration status in the U. S. Large coefficients indicate important high and low tides; major currents and movements usually take place on the sea bed. ] On Monday, a judge of the U. • Kan Pacific Saipan Ltd. As a result, it wanted a CNMI court judge to halt the next five. IPI’s default has been entered and a motion for default judgment is pending. By Bryan Manabat Saipan— The clanking and clanging of the gaming machines have stopped. Clear Management Ltd, a company headed by Silver Heritage Group co-founder Tim Shepherd, was appointed as receiver in October after IPI was ordered to repay US$2. At the same time, it began development of a multi-billion-dollar permanent resort in the Garapan tourism district, complete with marble floors, gilded towers, and, in the lobby, two 20-ton Swarovski dragon sculptures made of stainless steel, gold and up to 2. and its team of professionals, acting by and through. THE civil trial for Tang’s Corporation lawsuit against Imperial Pacific International LLC will begin on Dec. IMPERIAL Pacific International LLC has asked the federal court to dismiss with prejudice the lawsuit filed by Kan Pacific Saipan against the casino investor. It is majority owned by Cui Lijie through her investment vehicle Inventive Star Limited. DeLeon Guerrero’s request last Sept. Erediano/For The Guam Daily Post FacebookThe judge issued a final judgment in favor of USA Fanter. Executives from IPI and China state-owned construction firm MCC International’s Saipan affiliate were indicted in August 2020 on federal charges related to forced labour and human trafficking. At the same time, it began development of a multi-billion-dollar permanent resort in the Garapan tourism district, complete with marble floors, gilded towers, and, in the lobby, two 20-ton Swarovski dragon sculptures made of stainless steel, gold and up to 2. The lights are out. USA Fanter Corp. SAIPAN TRIBUNE. Today's tide times for Saipan Harbor, Saipan Island, Marianas Islands. The U. The plaintiffs, through attorney Joe McDoulett, sued Su for interference with contract and has asked the Superior Court to award damages. 6 million penalty, along with a $15. DPW Secretary Ray N. 8 million in gross gaming revenue taxes covering the period from January to June 2017. Island of Saipan. 66 which the court released to Red Coral. IPI previously told the court that at the end of May 2022, IPI “anticipates that it will begin receiving an infusion of $150 million of capital that will allow it to meet its obligations to its creditors, resume operations, and restart construction. The Commonwealth Casino Commission (CCC) of the Northern Mariana Islands has ordered the indefinite suspension of Imperial Pacific International (CNMI) LLC’s casino license. IPI Remains Committed to Saipan IPI explained that an unidentified travel agency would underwrite 250 hotel rooms and 15 villas at Imperial Palace. 6 million fine. . At the end of May, Joshua Gray, a former executive at Imperial Palace in Saipan, won a $5. 4 million in compensation for forced labor, human trafficking and workplace. The majority shareholder of Imperial Pacific International (IPI) still believes the company deserves to hold on to its casino monopoly in Saipan. 30. (CNMI Homeland Security and Emergency Management) — Based on information received from the National Weather Service in Tiyan, Guam, and compiled at the CNMI Emergency Operations Center State Warning Point, a tropical disturbance, Invest 98W, was centered near 6. The court granted Red Coral’s second application for writ of execution directing the seizure of IPI’s money or currency held at the Bank of Saipan. 670-664-8300. Feb. 5, a copy of which was obtained by Saipan Tribune yesterday, acting DPW Building Safety official Yvonne B. 5 million. , an Imperial Pacific International (CNMI) LLC creditor that lent IPI over $5 million back in 2022, has filed a motion to intervene in the receivership sought by Joshua Gray to sell IPI’s personal property. But in an interview on Wednesday, IPI Director How Yo Chi and majority shareholder Cui Lijie said IPI never invited Yang to Saipan. The license was suspended for failure to pay a $6. 3k. IPI’s abandoned workers are skilled men and women who come from all over the world—Turkey, Taiwan, Malaysia, Italy, Australia, the Philippines. IPI said it recently signed a Memorandum of Understanding with the IH Group to provide. 54 and any other wages due to current IPI employees; and $1,379,426 in wages and overtime compensation for services rendered in 2016 and. Every time it resolves one legal battle, it lands in a. Sitting some 190 km north of Guam and 9. They are made up of 83 electrical technicians, 102 steel workers, 12 riveters, 28 construction laborer, 155. According to IPI legal counsel Charles McDonald, there are ongoing negotiations between the 37 workers and the CNMI Department of. “Operation of the casino portion of Imperial Palace‧Saipan has. It was the third time that the licence revocation had been delayed. The judge approved it, buying the operator’s argument that it is going to have $150. Please click on the country abbreviation in the. The governor and IPI have denied committing any wrongdoing. In August 2015, Worldwide Asia recruited workers for the casino construction project. SAIPAN – Ancestral remains that were found on the Imperial Pacific International Resort & Casino construction site were reburied at the site on Friday morning. Saipan-- The District Court for the NMI has given Clear Management the green light to auction Imperial Pacific International's properties and gaming equipment by Aug. On Nov. Added: 3 Nov 2015. 5 million annual casino license fee for this year, IPI Chief Executive Officer Donald R. In November 2018, then-governor Ralph DLG Torres signed House Local Bill 20-81, S1, D4, into Saipan Local Law 20-26, which appropriates $9. S. On top of that there are multiple lawsuits outstanding from. , which it contracted to manage the construction debris. According to a report from Marianas Variety, Yumul says the casino. She said she made the recommendation to IPI's top management if they can no longer afford the costs of their business on Saipan. citizen residing on Saipan, has sued IPI for wrongful termination and retaliation under the American. SAIPAN’S beleaguered casino investor, Imperial Pacific International (CNMI) LLC, has signed a memorandum of agreement with the South Korean IH Group, an IPI source said on Sunday. It allegedly stopped making. S. Emmanuel T. IPI battles on in Saipan despite mounting legal woes, zero revenue. The value of IPI’s vehicles and gaming machines has been estimated at around US$3. He is suing IPI for wrongful termination. SAIPAN — Imperial Pacific International LLC attorney Michael Dotts has informed the. IPI’s casino on Saipan has been closed since March 2020. (Image: Pacific Island Times) IPI has spent the past. Equal Employment Opportunity Commission, has canceled a scheduled travel to Saipan for a conference in connection with the agency’s sexual harassment and sex discrimination lawsuit against Imperial Pacific International (CNMI) LLC and Imperial Pacific International Holdings Limited. S. The companies ask the Superior Court to hold IPI liable to pay them undetermined damages and court costs. The coronavirus outbreak in China is having an impact on the flow of customers at the Imperial Palace Saipan in Garapan, according to the company that owns it, Imperial Pacific International (CNMI) LLC. IPI, through attorney Joey San Nicolas. Saipan Tribune e-Edition. Invest 98W National Weather Service storm. Imperial Pacific International last week said it is “open to the idea” of another casino operator on Saipan. CNMI Women's Association. Imperial Pacific International (IPI) and the Commonwealth Casino Commission have said they are closing in on a settlement that may allow the casino to reopen, even. IPI recently made an offer to the CCC board to pay $5 million a year for four years to the CNMI government for the casino license fee and $1 million per year for four years to the CCC for its regulatory fee, in exchange for getting back its suspended casino license. P. Filed in the District Court of the NMI, the complaint is a civil forfeiture action and did not provide the name of any defendant, but referred. These included the payment of the annual $15. Last updated on: March 30, 2022, 10:10h. According to Saipan Tribune, Xing resubmitted IPI’s request to the CLC chairman on July 8. On May 26, 2021, the court entered an amended judgment in favor of USA Fanter, and against IPI, in the amount of $2,089,345. SAIPAN TRIBUNE. 2. 07 billion, IPI said it is close to finalizing a settlement agreement with the Commonwealth Casino Commission (CCC) which would see the regulator drop. The representative reportedly told the remaining 40-some illegal Chinese workers that were recruited to build the upcoming casino hotel resort that the. IPI later clarified that it sought the records to prove that Pacific Rim misrepresented the skill of. Saipan’s Commonwealth Casino Commission (CCC) has given troubled casino licensee Imperial Pacific International 30 days to pay US$62 million in outstanding license fees or face having its license revoked. 1-million regulatory fee in October 2020. Feb 9, 2021 Updated Feb 9, 2021. The Saipan Tribune indicates that a former employee, Joshua Gray, has asked to join. ”. "IPI paid for and gave them. “A website will be launched this week with all. 670-233-9411. Saipan-based operator Imperial Pacific Holdings (IPI) said it has entered into an exclusive cooperation agreement with two third-parties that will generate annual revenue of $300 million and profit of $20 million. island, when four Chinese men arrived with a body. Jo. Island of Saipan. IMPERIAL Pacific International LLC has asked the federal court to dismiss with prejudice the lawsuit filed by its former site engineer who is alleging wrongful termination. 8 FACTUAL BACKGROUND In 2019, a number of highly skilled and experienced Turkish electricians, carpenters, welders 9 and plumbers were recruited in Turkey by Defendant IDS to build IPI’s hotel-casino complex in 10 Garapan, Saipan. District Court for the NMI issued an order stopping IPI’s construction for. Specifically, IPI was obligated to pay Kan Pacific annual payments, among other things, amounting to over $400,000 in June 2020, June 2021, and June 2022. on Dec. Having previously stepped down as IPI Chairman in late 2017, Brown returned to IPI in October last year with the express goal of getting the company’s lagging Saipan construction schedule back on track following a series of delays, including the granting of a three year-extension for completion of Imperial Pacific Resort to February 2021. SAIPAN — IH Group Chairman Kyunam Kim and other officials of his company toured the Imperial Pacific International's casino, the 15-room luxury villa, and the unfinished hotel tower in Garapan,IPI, after well more than a decade of trying to establish itself in Saipan, became the target of federal investigations several years ago. By FERDIE DE LA TORRE. 1 million regulatory fee, as well as a US$6. 1 million yearly regulatory fee, and it did not make a. IPI announced on Tuesday that its majority shareholder Inventive Star Limited, which is 100% owned by Ms Cui, had reached an agreement with Guan. 6 million penalty, along with a $15. Sablan (Ind-Saipan) to seek information from. 4M for Saipan Labor Abuses", 30 May 2021 [. By Bryan Manabat Saipan— The clanking and clanging of the gaming machines have stopped. Share . com. SUPERSEDING INDICTMENT - 6 Case 1:18-cr-00008 Document 8 Filed 08/01/19 Page 6 of 17It was 2015 when IPI opened a temporary casino in a duty-free shopping mall in Saipan. The high court ruled that the force majeure provision in the casino license agreement protects IPI from default in the event of force majeure, but this protection does. 5 shall be deconstructed and/or disassembled. 1 million to USA Fanter Corporation for construction work at IPI’s Saipan hotel and casino, Imperial Palace‧Saipan, in 2019. Saipan. Responding to Saipan Tribune’s request for comments about the coronavirus’ impact, IPI said yesterday that, although there’s an. com. , Ltd. It was founded with headquarters in Hong Kong and originally named First Natural Foods Holdings until it was renamed in May 2014. NAVY HILL, SAIPAN $1,200 Bedrooms: 2 Bathrooms: 2 Status: Active More DetailsIn a letter dated Feb. On March 8, 2022, the U. Century Estate, through attorney Matthew T. In exchange for gaming exclusivity in Saipan, IPI agreed to give the government a piece of the action. THE District Court for the NMI on Thursday ordered Imperial Pacific International to appear at 1:30 p. “This indicates defendant’s connection to persons of wealth, and defendant’s own social status amongst IPI. On Sept. Oct 11, 2023. 5-million license fee. (Image: Macau Business ) IPI has several outstanding debts. In August 2014, IPI won the bid for the single Saipan casino license after promising a $15 million annual fee to the cash-strapped island, and a handful of other fixed payments in return for a 25. According to local media reports, at least five FBI agents entered the second floor. and. 2, 2022, a judgment of $697,801. Imperial Pacific International (IPI) Chairman and Executive Director Cui Li Jie has offloaded almost 10% of the company in order to raise funds for development of its Saipan integrated resort. Pictured are IPI majority shareholder Margaret. In exchange for gaming exclusivity in Saipan, IPI agreed to give the government a piece of the action. [email protected] legislators want Imperial Pacific casino to pay 10% net gaming revenue tax and prohibit it from using bad gambling debts to lower tax obligations. 2, 2022, the federal court entered a judgment in favor of KPS in the amount of $697,801. The Imperial Palace Casino Resort, once the shiny new object in the tourist district of. He said when Deleon Guerrero returns to Saipan, they will request a meeting with the gaming committee members of the 23rd Legislature. The case is pending before the Superior Court. The company has spent the past several years building out the Imperial Palace in Saipan and has spent just as long fighting lawsuits, federal investigations, allegations of misconduct, and more. Marshals for the seizure of IPI’s vehicles, liquor, crystal dragons, computer. “I worry about IPI’s integrity,” he said. According to Saipan Tribune, Legend Giant Investment Limited is the majority owner of Legend Realty, and Anderson holds 49 percent shares. 4 million with the Superior Court. 8M in taxes since January. ’s request to modify the limited receivership it previously granted in the Joshua Gray. This personal property includes the liquor that is being stored in IPI’s liquor vault in the basement of the casino. It is majority owned by Cui Lijie through her investment vehicle Inventive Star Limited. The Court now enters this Memorandum Decision providing its reasons for granting the 6 motion. The court issued a one-week stop work order at IPI’s hotel-casino construction site in Garapan. S. . Does the CNMI really think it will collect when IPI is already several years in arrears?SAIPAN — Imperial Pacific International's parent company, IPI Holdings, has been collecting "receivables," but not sharing them with its subsidiary on Saipan, the Commonwealth Casino Commission. [email protected]. 20th Northern Marianas Commonwealth Legislature, Saipan 96950. 81123. Jason White, public affairs officer for the Honolulu Division of the FBI, said they executed. Saipan, MP 96950 Mailing Address: PO Box 500231 Saipan, MP 96950IPI was ordered to make incremental monthly payments of $164,270. By FERDIE DE LA TORRE. Pride Keen owns two ships that remain at commercial docks in Saipan through the unpaid lease. FERDIE DE LA TORRE. . SAIPAN — Imperial Pacific International Holdings Ltd. 31, 23 in your newspaper by A. Northern Mariana Islands. U. A construction engineer with a disability who the company previously employed has filed a federal lawsuit against it. Total records: 115. The closure will be implemented at 2 p. Attorney Joseph Iacopino, who represents KPS, said his client and IPI signed an agreement on or about May 9, 2016. Island of Saipan. The Executive Director of the Commonwealth Casino Commission (CCC), the gaming regulatory body of the Northern Mariana Islands, has attributed the comparatively enormous VIP rolling chip volumes running through Imperial Pacific International’s (IPI) Saipan casino to Macau operators failing to report real VIP numbers. Published: November 10, 2019. 14, 2020, the FBI and CNMI Office of the Public Auditor agents executed a search warrant on the apartment of Eson Yuen, IPI’s director of strategic planning. Oct 11, 2023. Erik Gibbs Expertise: Asia Pacific Gaming, Gaming Business, Global Gaming. 4, 2022, the court issued an order staying the judgment, based on IPI posting an appeal bond in the. Imperial Pacific International (IPI) has been trying to figure out how to hold onto its exclusivity to operate the only casino in Saipan. You have permission to edit this article. Many said this was the first time they have been so utterly forsaken by an employer. Representatives of both MCC International and Beilida Overseas (CNMI) Ltd. Tower crane No. Filed in the District Court of the NMI, the complaint is a civil forfeiture action and did not provide the name of any defendant, but referred. IPI failed to pay the judgment resulting in the federal court granting plaintiffs’ application for a writ of execution for the seizure of IPI’s personal property, including its casino gaming machines. 0. An H2B visa is a temporary work visa for foreign workers in non-agricultural work that is seasonal and intended for a specific project. In a notice of actual and immediate danger issued to IPI vice president Tao Xing last Oct. 1% year-on-year to €312. 670-233-9411. The defendants are accused of utilizing criminal labor practices during ongoing construction of the Grand Mariana Casino Hotel and Resort on the island of Saipan. IPI’s license was suspended in May 2021 and the company given six months to pay both the US$15. Saipan. NY-based firm hits IPI with $1. Last year, IPI’s Imperial Palace venue in Saipan, Northern Mariana Islands, was closed due to the COVID-19 pandemic. FERDIE DE LA TORRE. The local bill also stated, “By increasing the number of licenses from 1 to 5 while simultaneously requiring annual fees of not $15 million but $3 million, there will be less risk for all concerned. Abonita has 18 years of experience in the casino industry and was recruited by IPI in 2015 to work in its casino on Saipan. He, however, told Saipan Tribune yesterday that the IPI board asked him to extend his resignation notice period longer than 14 days to assist with specific matters. 27, the Commonwealth of the Northern Mariana Islands Department of Public Works informed Imperial Pacific International. Region. SAIPAN’S beleaguered casino investor, Imperial Pacific International (CNMI) LLC, has signed a memorandum of agreement with the South Korean IH Group, an IPI source said on Sunday. Post file photo. Saipan has the ability to move past IPI to a brighter future. She also required Best Sunshine/IPI to submit and post a security deposit in the amount of $100,000. 26, 2023, KPS applied for a writ of execution pertaining to. 7. Ltd. In February 2022. 26. A construction engineer with a disability who the company previously employed has filed a federal lawsuit against it. IPI denies the allegations in the lawsuit. SAIPAN — Imperial Pacific International LLC attorney Michael Dotts has informed the. Saipan. How Yo Chi said Yang neither worked for IPI nor conducted any business transaction of any sort with the casino investor. “This indicates defendant’s connection to persons of wealth, and defendant’s own social status amongst IPI. The amendments proposed by IPI to its agreement with the CNMI include a 50% cut in the $15 million annual casino license fee, a smaller amount of community benefit funds and an extension of the. Default judgment vs IPI OK’d. IPI, whose casino shut down in March 2020 amid the onset of the global Covid-19 pandemic, was initially scheduled to appear before the commission for a revocation hearing Tuesday, May 3. The funding would be used to repay money owed to the Commonwealth Casino Commission (CCC) and resume casino operations at Imperial Palace · Saipan. Judge Manglona also granted IPI’s motion for a preliminary injunction against the casino commission. Members of the CNMI House. Manglona of the District Court for the NMI has granted Kan Pacific Saipan’s writ of execution application against Imperial Pacific International. Several island leaders chose to keep their opinions to themselves yesterday on the report that casino licensee Imperial Pacific International LLC has sued a New York-based business magazine, alleging defamation[gallery ids="281834,281835,281836,281837,281838,281839,281840,281841"]102. Emmanuel T. In a statement from Imperial Pacific International (CNMI) LLC, MCC International and the USDOL have reportedly entered into an agreement to address the fates of the remaining six Chinese workers illegally recruited by IPI’s main contractor, MCC International. Manglona of the District Court for the NMI on Wednesday granted USA Fanter Corp. Imperial Pacific International (IPI) continues to hold onto its monopoly of Saipan’s casino market through the Imperial Palace casino. Imperial Pacific International (IPI) says it is now expecting if it can reach an agreement with Saipan’s casino regulator, that it ‘anticipates that the casino operations at the Imperial Palace Saipan can resume by the first quarter of 2023’. The case is pending before the federal court. CNMI Youth Congress. 5 in response to Saipan Tribune’s request for comments about the Commonwealth Casino Commission board chair Edward C. posing an imminent threat to public safety, exposing it to high wind velocity. Kan Pacific Saipan or KPS, in its breach of contract complaint filed in October 2021, named IPI and several unnamed individuals as defendants. Imperial Pacific International Holdings Limited ( SEHK : 1076 is a Chinese investment holding company. Imperial Pacific International has confirmed its intention to ask for a further extension to the deadline for completion of itsThe new investor would not pay IPI’s debts to the government and the Commonwealth Casino Commission. The governor underscored the importance of taking down IPI’s tower crane No. The indictment alleges that these individuals committed criminal acts while holding executive positions with IPI and MCC International Saipan. Xu was a senior executive for IPI and Shi was a project supervisor for MCC International Saipan Ltd. DeLeon Guerrero’s request last Sept. It may not be The World's Online Gaming Authority Since 1995SAIPAN — The U. IPI’s default has been entered and a motion for default judgment is pending. On Dec. Oct 5, 2023. Roman Benavente, second left, and staff members of regulatory agencies at San Antonio beach on Wednesday. Casino operator Imperial Pacific International is reportedly close to an arrangement to retain its casino license. The Honolulu-based lawyer of the U. As a result, it wanted a CNMI court judge to halt the next five. Many said this was the first time they have been so utterly forsaken by an employer. Tower crane No. Ipi Tech Inc CLAIMED 1888 Townley Street 670 Sumas Street, Victoria, BC V8R 3A9 , CanadaThe majority shareholder of Imperial Pacific International (IPI) still believes the company deserves to hold on to its casino monopoly in Saipan. District Court for the NMI to grant them a limited receivership against Imperial Pacific International (CNMI) LLC, this time for the sale of its vehicles and heavy equipment. 00 in gross gaming revenue taxes. John Paul P. org, the Imperial Palace Saipan has failed to pay its annual US$15. kimberly_esmores@saipantribune. 13, a copy of which was obtained by Saipan Tribune yesterday. 5 at Imperial Pacific International's unfinished casino-hotel in Garapan. Revenue from Imperial Pacific International’s Saipan casino has dwindled from $44 million last year to $41,000 in the first half of fiscal 2019, a local legislator reports. Linwood Seaver urges CNMI officials to cancel the casino license to IPI and sell the hotel to a "reputable hotel chain" so we can move forward. 9 to use an unspent $250,000 so CCC could hire an executive director and five other personnel to. The lights are out. Imperial Pacific International (IPI) is now – at least temporarily – done as a casino operator in the Commonwealth of Northern Mariana Islands (CNMI). American Memorial Park. Awaiting a further capital infusion from investors, Imperial Pacific International has missed payment on its license and regulatory fees for both the 2020 and 2021 periods. He is suing IPI for wrongful termination. . ESMORES. 7 I. SAIPAN — IH Group Chairman Kyunam Kim and other officials of his company toured the Imperial Pacific International's casino, the 15-room luxury villa, and the unfinished hotel tower in Garapan, IPI, after well more than a decade of trying to establish itself in Saipan, became the target of federal investigations several years ago. IPI says it will dismantle crane towers. The Commonwealth Casino Commission (CCC) of the Northern Mariana Islands has ordered the indefinite suspension of Imperial Pacific International (CNMI) LLC’s casino license. S. Mar 2, 2022 Updated Mar 26, 2022. Cui Lijie, who was once described by her own. On top of that there are multiple lawsuits outstanding from. , which has received a sufficient bond secured by Imperial Pacific International LLC, is no longer interested in IPI’s limited receivership, Chief Judge Ramona V. 1. Shuttered Imperial Palace Saipan Casino Resort Targeted by New Jersey Investors. IPI Tech Inc. The World's Online Gaming Authority Since 1995. 1, 2021 for a total amount of $1,478,430. S. 5-million license fee in August 2020 and its annual $3. Chief Judge Ramona V. Imperial Pacific International (IPI) has been close to losing control of the Imperial Palace casino in Saipan for years, but always finds a way to stay in the game. The tide is rising. The sale of IPI's assets would satisfy the court's judgment in a lawsuit filed by seven construction workers alleging forced labor and human trafficking. He is suing IPI for wrongful termination. Christina E. According to the Saipan Tribune, the CCC has filed a petition requesting the court find IPI non. Yumul informed Howyo Chi, who is the new manager/director of IPI, that DPW had been made aware via news media that Security Title deposited the $2. Welcome, GuestSaipan’s Commonwealth Casino Commission (CCC) is seeking more than US$25 million in back payments from embattled casino operator Imperial Pacific International (CNMI) LLC following the 2021 suspension of IPI’s casino license. Yesterday, USA Fanter filed a motion for a limited receivership against IPI to satisfy the. IPI interim CEO Tao Xing, who has only been on the job for less than two months, told the CCC in last week’s meeting that the company is “open to the idea” of a second casino operator in Saipan. The court issued a default judgment against IPI amounting to over $600,000 but. Clear Management had been planning to run one auction per month for six months after taking a number of remote bids on IPI’s gaming equipment, with the auctions aimed at repaying some of the US$2. The company could permanently lose its casino license in Saipan, but. 5 million annual casino exclusive license fee and a $3. TIM Shepherd of Clear Management LLC, the court-designated receiver, told Variety that they will auction off over 6,000 bottles of Imperial Pacific International’s cognac, Scotch, whiskey, gin, vodka, rum and other spirits in early December. The U. IPI last week requested abatement of its annual license fee via a letter from recently appointed CEO Donald Browne, who pointed to a lack of income since March due to the closure of its casino at Imperial Palace‧Saipan. The 14-storey hotel building will offer. ” This decision could be the final blow to IPI and its failed experiment in Saipan. Receiver’s request for more time to inventory IPI assets OK’d. Cui said IPI can help promote the CNMI in Japan and South Korea once given the second chance to move forward with its casino business. In addition, they stated, “IPI’s motions for judicial notice of materials outside the record are DENIED. Phone: (250) 598-6161 . The U. The company is scheduled to pay a further $15. Although the court did not. According to Torres in the complaint, the plaintiffs are lessees of a commercial space on Coral Tree Avenue across. As for the plaintiff, the EEOC found “reasonable cause” to believe that IPI discriminated against him based on his national origin, but it was unable to successfully resolve the dispute through conciliation. 5-million license fee in August. . island, when four Chinese men arrived with a body. The indictment alleges that these individuals committed criminal acts while holding executive positions with IPI and MCC International Saipan. Imperial Pacific International chief executive officer Ray Yumul says he expects the “day of reckoning” will arrive in March, as the Saipan regulator will decide on the proposed revocation of its exclusive casino license. Last updated on: March 17, 2022, 11:47h. Imperial Pacific International (IPI) has once again managed to cling to its exclusive casino license in Saipan. Imperial Pacific International (IPI) has once again managed to cling to its exclusive casino license in Saipan. A judge might finally be ready to stop giving the company the benefit of the doubt. The governor is right about chasing IPI for the money they owe the CNMI but I think the Casino Commission is helping IPI to stall. ferdie_delatorre@saipantribune. 5 million annual casino exclusive license fee and a $3. Saipan, MP 96950 Mailing Address: PO Box 500231 Saipan, MP. Saipan zip code list, postal code, list of all zip codes, zip codes by city, zip code list by county, what is a postal code Kodhe pos|PIN code|Postcode|CAP|Code. District Court of the Northern Mariana Islands awarded the company $2. “Without prejudice” means the Saipan casino investor can refile the motion. S. 3, Clear Management asked the court to. Erediano/For The Guam Daily Post. in federal court. 0. SAIPAN — Imperial Pacific International Holdings announced it has signed an agreement with independent companies to complete the construction of IPI's casino. Marty Rohringer was ending a graveyard shift at the lone hospital on Saipan, the exceptionally remote U. have reportedly fled the island, according to an unnamed Imperial Pacific International (CNMI) LLC representative. IPI thought it would open the casino this November, but it looks unlikely.