Imperial Pacific International (IPI) has acquired a 50% stake in American Sinopan LLC – a Hong Kong-owned company currently developing two parcels of land in Saipan. The casino designed for 193 tables and 365 machines partially opened in July 2017. District Court for the NMI has granted a default judgment in favor of Kan Pacific Saipan Ltd. USA Fanter Corp. Dr. Imperial Pacific International (IPI) has once again managed to cling to its exclusive casino license in Saipan. 2. has a claim against IPI for breach of a 2016 settlement agreement in the amount of $4,490,000 plus attorney’s fees and costs. federal prosecutors indicted three people involved with Imperial Pacific International Holdings Ltd. Region. According to the Saipan Tribune, the CCC has filed a petition requesting the court find IPI non. On Nov. celebrates the 10th year of the Pacifica Art. Phone: (250) 598-6161 . 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. Imperial Pacific International (IPI) continues to hold onto its monopoly of Saipan’s casino market through the Imperial Palace casino. Tel: 670 664 3200 / 3201 Fax: 670 664 3237SAIPAN - The Commonwealth. On Dec. Department of Labor Attorney Charles Song has filed a notice of default against casino investor Imperial Pacific International LLC in federal court for IPI’s failure to pay an amended consent judgment. Saipan Dragons: the world’s largest jewel piece made with BIM. S. posing an imminent threat to public safety, exposing it to high wind velocity. Kan Pacific sued IPI in 2021 for failing to fulfill its obligation under an agreement they had back in May 2016. SAIPAN — Imperial Pacific International LLC has been found in contempt of court again, this time for violating the discovery order in the discrimination lawsuit. 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. February 15, 2018 at 2:00 AM PST. THE civil trial for Tang’s Corporation lawsuit against Imperial Pacific International LLC will begin on Dec. IPI Holdings issued a statement last week, saying its companies "have nothing to hide and will cooperate with law enforcement authorities. A Special Weather Statement has been issued for Guam, Rota, Tinian and Saipan. The high court found that IPI met its burden to establish by a preponderance of the evidence that COVID-19 was the proximate cause for its nonpayment of the annual. February 15, 2018 at 2:00 AM PST. 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. . In a damning indictment of IPI’s current state of affairs, Gaming Committee chairman Edwin Propst told members on Thursday that Imperial Palace · Saipan is now considered to be an abandoned building based on descriptions contained in the building code. It was founded with headquarters in Hong Kong and originally named First Natural Foods Holdings until it was renamed in May 2014. The Imperial Palace Casino Resort, once the shiny new object in the tourist district of. Saipan. Emmanuel T. Imperial Pacific International (IPI) has been trying to figure out how to hold onto its exclusivity to operate the only casino in Saipan. Although the court did not. Imperial Pacific International (CNMI) LLC faces another possible receivership to auction off millions worth of its personal property. SAIPAN — Imperial Pacific International LLC workers received their checks for payroll periods 21 to. 5 is seen atop the unfinished Imperial Pacific International (CNMI) LLC’s casino/resort building in Garapan in this file photo taken last May 24 when Typhoon Mawar was approaching the Marianas. Welcome, Guest“Seven workers settle with IPI,” Saipan Tribune, November 3, 2022 (describing $6. The World's Online Gaming Authority Since 1995. 5-million license fee. The venue had been closed for over a year. Shuttered Imperial Palace Saipan Casino Resort Targeted by New Jersey Investors. Mar 19, 2020. 4 million with the Superior Court. Share . Load More. IPI later clarified that it sought the records to prove that Pacific Rim misrepresented the skill of. 5 million for its license and $3. CNMI Women's Association. His. [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. IPI Holdings and its subsidiaries, IPI CNMI LLC and Best Sunshine, have also “entered into a construction agreement with an independent construction company which has undertaken to finance and complete the remaining constructions of IPI casino hotel in Garapan. Emmanuel T. Imperial Pacific International (CNMI) LLC paid the Commonwealth government a total of $46. Xu was a senior executive for IPI and Shi was a project supervisor for MCC International Saipan Ltd. LIANG Yang, who was caught receiving decorative lamps containing liquid methamphetamine, claimed that he was “invited” by Imperial Pacific International to come to Saipan and introduce VIP guests to the games at the IPI casino. . they also filed a discrimination lawsuit in federal court against the Saipan casino operator. Pictured are IPI majority shareholder Margaret. NY-based firm hits IPI with $1. In response to Saipan Tribune ’s inquiry about IPI’s cranes, Chi disclosed yesterday that Ocean Bee LLC. S. 8e as of Thursday afternoon. The company would shut down its operations, including the Marianas Resort and Spa, in return for $5 million. Imperial Pacific International (IPI) is now – at least temporarily – done as a casino operator in the Commonwealth of Northern Mariana Islands (CNMI). IPI announced on Tuesday that its majority shareholder Inventive Star Limited, which is 100% owned by Ms Cui, had reached an agreement with Guan. Chief Judge Ramona V. 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. O. Predictions on technology and innovation. , which it contracted to manage the construction debris. "Hong Kong Company Ordered to Pay Chinese Workers $5. 5, a copy of which was obtained by Saipan Tribune yesterday, acting DPW Building Safety official Yvonne B. Flores said Yang is a citizen of the People’s Republic of China and does not have lawful immigration status in the U. SAIPAN, 08 NOVEMBER 2019 (MARIANAS VARIETY)---U. 0. By Bryan Manabat Saipan— The clanking and clanging of the gaming machines have stopped. CNMI Youth Congress. By Troy Torres Posted on: Friday, 11/17/2023 10:35 AM CNMI Guam Weather 0 comments. In June, IPI avoided losing its casino license in Saipan, the second-largest island of the Mariana Archipelago and part of the CNMI, after a judge of the US District Court of the Northern Mariana Islands issued a temporary restraining order to postpone with a month the CCC meeting aimed at revoking the license. Saipan Tribune e-Edition. Default judgment vs IPI OK’d. Rongkun Xiao, a U. 5, 2022 at 10 a. DPW tells IPI to take down tower crane. Northern Mariana Islands. According to a report from Marianas Variety, the comments came from IPI’s acting chief executive Tao Xing in a meeting last Thursday, when he told the Commonwealth Casino Commission that he would be “okay” with. The company said in a statement to the Hong Kong Stock Exchange that Sino Travel Samoa has agreed to underwrite the leasing of 250. DeLeon Guerrero’s request last Sept. 08 million in damages as a result of IPI’s continued non-payment. After that, earlier this year, the CCC ordered an indefinite suspension of the casino’s license. 5 million casino license fee, and $20 million community benefit disbursement. In February 2022. A few days ago, according to the Saipan Tribune, IPI reported receiving just $245,000 from IH Group. 4 million into an escrow account with Security Title to address the safety concerns of the businesses in the area surrounding the IPI construction site, and to mitigate any damage that may be caused by the tower cranes’ operation. Ralph DLG Torres requesting for funding so the contracts of the nine commission employees could be renewed at least for one year. BigBang then proceeded to deposit front money into the casino cage at various times, with the cage said to have been holding almost. That led to a court judgment, which IPI has ignored. This time it has referred to its right to arbitration regarding the continuing dispute between the company and the CCC, which has been struggling to revoke the Hong Kong-based firm’s. Saipan. Department of Labor Attorney Charles Song has filed a notice of default against casino investor Imperial Pacific International LLC in federal court for IPI’s failure to pay an amended consent judgment. 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. Erediano/For The Guam Daily Post Facebook The judge issued a final judgment in favor of USA Fanter. 68-million discrimination lawsuit against the casino’s owner, Imperial Pacific International (IPI). It has continuously struggled to comply with its regulatory and financial duties and began having assets seized earlier this year. The case is pending before the federal court. ferdie_delatorre@saipantribune. According to a report by Marianas Variety, Andrew Yeom, Executive Director of the Commonwealth Casino Commission,. Love. 0. 5 million. IPI has a history of poor dealings with its employees and is now facing a new lawsuit as a result. SAIPAN — Imperial Pacific International Holdings announced it has signed an agreement with independent companies to complete the construction of IPI's casino. 6m in Q2. CHIEF Judge Ramona V. 0. Yeom however said that the commission’s focus will be in resolving the problems brought on by its current licensee IPI. According to a stock exchange filing by the company on November 11 th, IPI is proposing. The company owes the CNMI almost $100 million in outstanding license fees and other payments. 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. CNMI Veterans Cemetery is owned by the Commonwealth of the Northern Mariana Islands, and administered by the CNMI Office of Military Liaison and Veterans Affairs. 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. REPORTER. Since then, it has dealt with one self-induced setback. May 5, 2022. Posted on: March 30, 2022, 12:04h. Responding to Saipan Tribune’s request for comments about the coronavirus’ impact, IPI said yesterday that, although there’s an. He is suing IPI for wrongful termination. , 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. 9 to use an unspent $250,000 so CCC could hire an executive director and five other personnel to. Judge Manglona also granted IPI’s motion for a preliminary injunction against the casino commission. IPI claims spending $1bn to date on the unfinished 344-room hotel. O. John Paul P. Saipan-based Imperial Pacific International (IPI) is tipped to owe the CNMI government more than $100 million USD. Find a Grave Cemetery ID: 2594965. Casino operator Imperial Pacific International is reportedly close to an arrangement to retain its casino license. THE U. IPI pays employees; work at construction site may resume. Edwin K. In its emergency motion, Best Sunshine and IPI stated 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. "These tower cranes are rusted and in poor condition,” Rillera. 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. U. The case is pending before the Superior Court. It was a pleasure and honor working with the company and I wish the staff all the best. The licence was originally suspended last year for failure to comply with conditions of its agreement. 8n 154. The Psychodynamic Psychotherapy Program is the IPI's only advanced certificate program in individual adult psychotherapy which can be completed via distance learning. DPW tells IPI to take down tower crane. On top of that there are multiple lawsuits outstanding from. Imperial Pacific International (IPI) has claimed for months that it will receive a massive injection of funds “any day” to save its exclusive casino license in Saipan. P. S. IPI currently is waiting for the arrival of the over 1,044 H2B workers on Saipan in the coming weeks. 2 million. Under the order, effective from May 10, IPI’s license was suspended. 8e as of Thursday afternoon. in federal court. The agreement will be valid for four years and. The lights are out. Imperial Pacific International, the beleaguered casino operator, was on the verge of losing its. Edit Close. District Court for the Northern Mariana Islands ordered a Hong Kong company to pay seven Chinese construction workers $5. The gaming market has come under scrutiny for both regulatory and financial issues for. S. The company’s Saipan casino, Imperial Palace‧Saipan, has been closed since 17 March 2020 due to the. Gray moved to Saipan and began working for IPI in September 2015 as director of operations. they also filed a discrimination lawsuit in federal court against the Saipan casino operator. According to local media reports, at least five FBI agents entered the second floor. American Memorial Park. REPORTER. The U. Sablan’s (D-Saipan). The final purchase and shipment of decks occurred in January 2020. Judge Manglona also granted IPI’s motion for a preliminary injunction against the casino commission. P. (Image: Pacific Island Times) IPI has spent the past. Executives of Imperial Pacific International (CNMI) LLC are stumped as to why workers who worked on the Garapan casino and hotel have refused their overtures to pay them and send them home to China. District Court for the NMI has granted Clear Management Ltd. 27, 2020, DPW informed IPI that its hotel and casino project in Garapan is in violation of the Building Safety Code, Public Law 6-45, 2Moving forward. In November 2018, he "severely injured his spine. ” This decision could be the final blow to IPI and its failed experiment in Saipan. The defendants are further. Court appoints limited receiver for IPI. On Dec. 7, saying that IPI had not made any. He used to serve as IPI’s senior vice president for Security and Surveillance. and. The majority shareholder of Imperial Pacific International (IPI) still believes the company deserves to hold on to its casino monopoly in Saipan. 26, 2023, KPS applied for a writ of execution pertaining to. Jason White, public affairs officer for the Honolulu Division of the FBI, said they executed. IPI violated minimum wage and overtime pay rules under the Fair Labor Standards Act and was ordered in an April 2019 Consent Judgement to pay a sum of $3,360,000 to cover back wages and other liquidated damages. According to local media reports, a joint notice was filed with the US District Court for the NMI late last week. Mar 2, 2022 Updated Mar 26, 2022. Coastal Resources Management. IPI proposes to pay annually a total of $6 million to the CNMI government and Commonwealth Casino Commission in exchange for getting back its suspended casino license. 5 million annual casino exclusive license fee and a $3. m. Recent announcements that Imperial Pacific International (IPI), operator of the Imperial Palace Saipan, has had its gaming license suspended and is now at risk of having its license revoked may soon bring to an end a story of one of the world’s most ambitious integrated resort projects. October 24, 2023. Today's tide times for Saipan Harbor, Saipan Island, Marianas Islands. 1 million to USA Fanter Corporation for construction work at IPI’s Saipan hotel and casino, Imperial Palace‧Saipan, in 2019. IPI Tech Inc. Tower crane No. IPI came in after the first auction and paid off some of its debt, a sign it said showed that it was fulfilling its obligations. By Bryan Manabat Saipan— The clanking and clanging of the gaming machines have stopped. On May 23, 2022, IPI requested a temporary restraining order against the commission from convening an enforcement hearing on May 24-25, 2022 that would revoke IPI’s exclusive casino license. A judge has intervened and approved an injunction by the company to stop the. Last month the Commonwealth Casino Commission (CCC) of the CNMI said it was looking into a potential breach of orders related to IPI’s casino license for. IMPERIAL Pacific International LLC has asked the federal court to dismiss with prejudice the lawsuit filed by Kan Pacific Saipan against the casino investor. Ltd. However, the controversies might not be the only thing preventing the property from reopening. IPI paid $46. 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. Oct 5, 2023. Manglona ofU. S. Edit Close. In addition, the CNMI has. He thanked Zheng and the IPI board of director for having the confidence in him to assist the company “in a. IPI’s default has been entered and a motion for default judgment is pending. Villagomez (Ind-Saipan), middle, and vice speaker Rep. The Commonwealth Casino Commission (CCC) of the Northern Mariana Islands has ordered the indefinite suspension of Imperial Pacific International (CNMI) LLC’s casino license. In addition, they stated, “IPI’s motions for judicial notice of materials outside the record are DENIED. IPI thought it would open the casino this November, but it looks unlikely. USA Fanter Corp. 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. The Court now enters this Memorandum Decision providing its reasons for granting the 6 motion. The casino designed for 193 tables and 365 machines partially opened in July 2017. I will be available to transition my duties to whomever will take charge of the company per. Attorney’s Office for the Districts of Guam and the NMI seeks the forfeiture of funds seized from two Bank of Saipan accounts in 2019 for wire fraud and money laundering totaling $310,276. com. 670-233-9411. IPI has a history of poor dealings with its employees and is now facing a new lawsuit as a result. 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. VIEWS. Rongkun Xiao, a US citizen who resides on Saipan, sued IPI through attorney Collin Thompson for wrongful termination. (Image: Pacific Island Times) IPI has spent the past. The sanctions imposed on IPI CNMI, IPI Holdings and Cui Li Jie include a payment of $788,022. Dongting Zheng has resigned as manager/director of the Saipan casino licensee, Imperial Pacific International (CNMI) LLC. Island of Saipan. In its notice dated Oct. Announcing its FY21 financial results on Friday, which saw loss narrowed from HK$7. imperialpac . USA Fanter Corp. Casino gaming equipment owned by Saipan casino operator Imperial Pacific International (CNMI) LLC is back on the market and set to be auctioned off from next month after a local court lifted a stay on the sale. In July 2016, Gray filed a charge with the Equal Employment Opportunity Commission alleging that IPI discriminated against qualified U. and its team of professionals, acting by and through. S. IPI still owes the CCC and the CNMI government at least $36. Tower crane No. Fax: (250) 598-6169 . 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. IPI Director How Yo Chi responded to DPW's. Tide chart for Saipan Harbor, Saipan Island Showing low and high tide times for the next 30 days at Saipan Harbor, Saipan Island. 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. That led to a court judgment, which IPI has ignored. Nov 15, 2023. S. 1 million IPI had been ordered to pay USA Fanter Corporation for construction work at Imperial Palace‧Saipan in 2019. Judge Manglona on Friday denied IPI’s motion without prejudice. A construction engineer with a disability who the company previously employed has filed a federal lawsuit against it. Six months later, the court issued a writ of execution over IPI’s motor vehicles and heavy equipment to U. "IPI's former construction manager, Eric Poon, knows that we, DR Safety, have the authority," Rillera said adding that he is not aware of IPI's current arrangement with the CNMI government that allowed the hotel-casino investor to use non-certified, in-house construction workers. Court of Appeals for the 9th Circuit has affirmed the decision by the. The tide is rising. Island of Saipan. “ We expect the successional opening of villas and hotel rooms of Imperial Palace Saipan, subject to the lifting of the global travel restrictions, will enhance our capacity to welcome. Attorney Joseph Iacopino, who represents KPS, said his client and IPI signed an agreement on or about May 9, 2016. 72, according to the modified consent judgement. 3 km northeast of Tinian across the Saipan Channel, Saipan is the second-largest island after. On Jan. Pacific Rim wants permission from the government to sell Imperial Pacific assets in order to recuperate its outstanding debt. IPI owes the Commonwealth $15. A judge might finally be ready to stop giving the company the benefit of the doubt. • Kan Pacific Saipan Ltd. When IPI was looking to take over Saipan, it made a deal with Kan Pacific Saipan. The court issued a one-week stop work order at IPI’s hotel-casino construction site in Garapan. Added: 3 Nov 2015. 28, plus pre- and post-judgment interest, and costs. 5-million license fee in August. Senior Judge Alex Munson set the hearing after Tang’s filed a motion for an order in aid of judgment on Nov. Saipan has the ability to move past IPI to a brighter future. Marshals Service executed the writ, and the Bank of Saipan tendered a check to the court in the amount of $9,386. If Donald Browne expected that relinquishing his position as CEO of Imperial Pacific International (IPI) might save him from being a target, he appears to have. 8M in taxes since January. Yumul disclosed yesterday that DPW will. It also reneged on its mandatory $20-million contribution to the. Island of Saipan. Executives of Imperial Pacific International (CNMI) LLC are stumped as to why workers who worked on the Garapan casino and hotel have refused their overtures to pay them and send them home to China. 43 million, or roughly $775,000 each. ESMORES. FERDIE DE LA TORRE. BY now we should have learned from Occupy Wall Street or the Tea Party that were formed after the 2008 financial crash wiped out the incomes of middle-class families whoThe indictment, which was unsealed August 4, 2020, alleges that these individuals committed crimes while holding executive positions with IPI and MCC International Saipan. FBI agents have raided the office and home of the governor of Saipan, along with various offices linked with Imperial Pacific International (IPI), as part of a major operation that saw multiple search warrants executed island-wide on Thursday. Saipan to decide on IPI’s license fate in March. 9M lawsuit SAIPAN — Sardini Group Inc. The license was suspended for failure to pay a $6. IPI battles on in Saipan despite mounting legal woes, zero revenue. As reported by Mariana Variety,. Saipan. 5 million for its license and $3. Imperial Pacific International (CNMI) LLC is proposing 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. It's making progress as it pays off some of The World's Online Gaming Authority Since 1995Aug 30, 2017. ”. S. Impairments push Rank Group to FY loss despite land-based recovery. He said he has been getting calls from gamblers in South Korea who are looking forward to playing at the IPI casino in Saipan. The license was suspended for failure to pay a $6. 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. By KIMBERLY B. S. Posted on: March 17, 2022, 08:04h. THE District Court for the NMI on Thursday ordered Imperial Pacific International to appear at 1:30 p. Erediano/For The Guam Daily Post FacebookThe judge issued a final judgment in favor of USA Fanter. IPI also stated: “Once the travel restrictions in Saipan are lifted, the casino in Imperial Palace Saipan shall resume operations and be opened to public. January 27, 2021. An official of the Commonwealth Casino Commission is dubious that Imperial Pacific International (CNMI) LLC would be able to meet its self-imposed deadline to finish the construction of its gamingIn 2016, IPI and APC entered into an agreement for IPI to purchase a total of 1,935,360 decks of playing cards over a period of time. Abonita has 18 years of experience in the casino industry and was recruited by IPI in 2015 to work in its casino on Saipan. Casino operator Imperial Pacific International is reportedly close to an arrangement to retain its casino license. FERDIE. Xiao was hired by IPI in March 2016, and worked as a site engineer at the hotel and casino project in Garapan, Saipan, he stated in his filing. The value of IPI’s vehicles and gaming machines has been estimated at around US$3. The case is pending before the Superior Court. FERDIE DE LA TORRE. On March 8, 2022, the U. According to the complaint, on Jan. It was reportedly going to. The Dragons installation at the Imperial Palace resort on the island of Saipan combines aesthetic beauty, technical skill and cultural significance on a scale seldom seen. The majority owner of troubled Saipan casino, Imperial Palace‧Saipan, says she is still looking for an investor to help reopen the casino. In August 2015, Worldwide Asia recruited workers for the casino construction project. The former Mariana Resort & Spa in Marpi that was formerly owned by Kan Pacific Saipan Ltd. “At the starting phase of construction, [IPI] had one heavy equipment auger and two pile drive machines. The South Korean investor also vowed to help improve the local economy. CCC suspended IPI’s casino license in May of last year because it failed to meet certain requirements in its license agreement. IH Group is planning to take over the operations of the casino and luxury villas of IPI’s Saipan casino, Imperial Palace · Saipan, and has promised to resume construction of the hotel tower with Chairman Kyunam Kim touring the property in recent days. According to a report by Saipan Tribune, the deadline follows a Supreme Court order for the CCC to “decide on a reasonable deadline. 0. It’s supposed to pay $15. How Yo Chi said Yang neither worked for IPI nor conducted any business transaction of any sort with the casino investor. Phone: (866) 598-6161 . Since then, it has dealt with one self-induced setback. Oceania. IPI said in its annual report that it’s actively planning for a reopening of the casino in November. 69% stake in the casino’s parent company Imperial Pacific International – said the company had previously attracted investor. It had failed to pay the annual $15. (IPI) Holdings — has failed to pay its annual $15. The Honolulu-based lawyer of the U. Brown, as stated in IPI’s letter to Torres, said that Typhoon Soudelor’s onslaught on Saipan last August 2015 had an impact on their construction site in Garapan. Ipi Tech Incorporated . THE U. 1, 2022, Yumul told IPI Human Resources Director Redie Dela Cruz: "I am officially notifying you of my resignation effective on the date above. Rongkun Xiao, a US citizen who resides on Saipan, sued IPI through attorney Collin Thompson for wrongful termination. SAIPAN TRIBUNE. The judge approved it, buying the operator’s argument that it is going to have $150. The seven construction workers sued IPI over allegations of labor violations and human trafficking. Imperial Pacific International (IPI) has once again managed to cling to its exclusive casino license in Saipan. S. Struggling Saipan casino operator Imperial Pacific International (IPI) has lost one of its directors while its chief lawyer has detailed what the FBI took when they raided the company’s offices. Fanter Corp. The IPI audited financial statements that were leaked was presented by the Commonwealth Casino Commission during a hearing last Friday but was not entered into evidence by the Superior Court. Feb. Spanish gambling revenue up 55. SAIPAN - Clear Management Ltd. SAIPAN — "Blow it up into smithereens. 1. 670-233-9411. View Saipan Harbor,. (Image: Saipan Tribune) IPI has avoided paying a company, Tang’s Corp. 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. have reportedly fled the island, according to an unnamed Imperial Pacific International (CNMI) LLC representative. October 24, 2023. Tags: Imperial Pacific, ipi, saipan. He added that there is no current enforcement action. IMPERIAL Pacific International told the Department of Public Works two weeks ago that it will dismantle the two crane towers at its unfinished hotel-casino in Garapan. Representatives of both MCC International and Beilida Overseas (CNMI) Ltd. " According to IPI Holdings, it has received "an indicative offer of a credit facility of US$100,000,000 (equivalent to HK$777,000,000), which is valid until 27 September 2023 from an independent financial institution. com. When asked by Saipan Tribune if the funds are still with the court, Yumul responded: “That’s a good question” and said that if somebody from the government. “At the starting phase of construction, [IPI] had one heavy equipment auger and two pile drive machines. The representative reportedly told the remaining 40-some illegal Chinese workers that were recruited to build the upcoming casino hotel resort that the. The plaintiffs, through attorney Joe McDoulett, sued Su for interference with contract and has asked the Superior Court to award damages. REPORTER. A recent CNMI Supreme Court.