org, the Imperial Palace Saipan has failed to pay its annual US$15. Saipan-based Imperial Pacific International (IPI) is tipped to owe the CNMI government more than $100 million USD. 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. 2, 2022, a judgment of $697,801. . S. Rongkun Xiao, a US citizen who resides on Saipan, sued IPI through attorney Collin Thompson for wrongful termination. The company is scheduled to pay a further $15. Despite never before having built or operated a casino, IPI won the bid for a single Saipan gaming license in November 2014 after promising to make these fixed payments to the cash-strapped island. On Sept. On top of that there are multiple lawsuits outstanding from. m. IPI pays employees; work at construction site may resume. they also filed a discrimination lawsuit in federal court against the Saipan casino operator. a judgment creditor of IPI. 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 statement said, though, that IPI was not aware of the terms. Photo by Emmanuel T. Tower crane No. The value of IPI’s vehicles and gaming machines has been estimated at around US$3. For years, Imperial Pacific International (IPI) has been at loggerheads with the Commonwealth of Northern Mariana Islands (CNMI) over its casino exclusivity in Saipan. When IPI was looking to take over Saipan, it made a deal with Kan Pacific Saipan. October 24, 2023. Saipan’s Imperial Palace casino, seen above, continues to be a problem for its owner and developer, Imperial Pacific International. Many said this was the first time they have been so utterly forsaken by an employer. 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. By Bryan Manabat Saipan— The clanking and clanging of the gaming machines have stopped. The Imperial Palace Saipan casino resort in the Northern Marina Islands could have its gaming privileges suspended for a variety of reasons. IPI’s License in Saipan Suspended. Located in Garapan at the heart of Saipan, this world luxury holiday resort will be a rare combination of luxury integrated casinos, five-star luxury accommodation, and a wide range of exclusive dining and entertainment facilities, including more than 200 gaming tables and over 350 slot machines. has 1 locations, listed below. Six months later, the court issued a writ of execution over IPI’s motor vehicles and heavy equipment to 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. According to documents obtained by Saipan Tribune, IPI has paid $46,779,388. ” Browne was IPI’s interim CEO for almost six months. Island of Saipan. 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. 31. Drug defendant claims IPI invited him to come to Saipan; Business Edge Pacifica Insurance Underwriters, Inc. 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. The longer IPI waits, the more expensive it will become because the deterioration of the tower cranes increases the risk in doing the job, Variety was told. She said she made the recommendation to IPI's top management if they can no longer afford the costs of their business on Saipan. Tenorio declared that crane No. 23 stated that Clear Management will perform a thorough inspection to locate all of IPI’s personal property, wherever located, to create an inventory of all specific items in IPI’s possession that it believes are subject to the writ and that it intends to sell. SAIPAN – The Commonwealth of the Northern Mariana Islands Department of Public Works on Thursday received the list of engineers of record, or EOR, from Imperial Pacific International, but theThe court verdict mandated that IPI pay the seven plaintiffs a combined $5. Erediano/For The Guam Daily Post Emmanuel T. At the end of May, Joshua Gray, a former executive at Imperial Palace in Saipan, won a $5. Browne urged IPI’s team members not to let the challenges of the worldwide COVID-19 pandemic and the other issues surrounding IPI “derail their commitment and perseverance. in its breach. 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. By Bryan Manabat. How Yo Chi said Yang neither worked for IPI nor conducted any business transaction of any sort with the casino investor. S. The defendants are further. 0. Senior Judge Alex Munson set the hearing after Tang’s filed a motion for an order in aid of judgment on Nov. Local News. Construction work on IPI’s casino/resort project stopped in January 2021 when the U. The Honolulu-based lawyer of the U. ] On Monday, a judge of the U. 1% year-on-year to €312. Default judgment vs IPI OK’d. 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. 30, plus post-judgment interest, was entered in favor of Kan Pacific against IPI. posing an imminent threat to public safety, exposing it to high wind velocity. Saipan, MP 96950 Mailing Address: PO Box 500231 Saipan, MP 96950 Telephone:According to the Saipan Tribune, the department said IPI is in violation of building safety code laws and has ordered the suspension of all ongoing works until certain conditions are fulfilled. The Imperial Palace Casino Resort, once the shiny new object in the tourist district of Garapan, now looks like a forsaken island after being shuttered at the onset of the Covid-19 pandemic. Large coefficients indicate important high and low tides; major currents and movements usually take place on the sea bed. REPORTER. IPI Holdings said its board "will use their best endeavors to take practicable and feasible actions to resolve the issue. 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. which is in 5hr 51min 40s from now. In exchange for gaming exclusivity in Saipan, IPI agreed to give the government a piece of the action. In exchange for gaming exclusivity in Saipan, IPI agreed to give the government a piece of the action. 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 final purchase and shipment of decks occurred in January 2020. “Operation of the casino portion of Imperial Palace‧Saipan has. Saipan continues to have strong potential as a gaming outpost in the Pacific, however stakeholders need to take decisive action to improve regulation and find a suitable operator. Share . “A website will be launched this week with all. or the CNMI. Judge Manglona ordered the clerk of court to issue the writ of execution to the U. S. 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. In addition, the CNMI has. 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. Many said this was the first time they have been so utterly forsaken by an employer. in federal court. Receiver: IPI liquor to be auctioned in December. IPI currently is waiting for the arrival of the over 1,044 H2B workers on Saipan in the coming weeks. A Special Weather Statement has been issued for Guam, Rota, Tinian and Saipan. 30. IPI’s casino on Saipan has been closed since March 2020. ESMORES. SAIPAN — "Blow it up into smithereens. Under the agreement, the IH Group will provide funding to help IPI reopen its casino in Garapan and pay some of its obligations including payroll and. 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. 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. The company’s Saipan casino, Imperial Palace‧Saipan, has been closed since 17 March 2020 due to the. island, when four Chinese men arrived with a body. Chief Judge Ramona V. 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. Under the agreement, the IH Group will provide funding to help IPI reopen its casino in Garapan and pay some of its obligations including payroll and. By Troy Torres Posted on: Friday, 11/17/2023 10:35 AM CNMI Guam Weather 0 comments. “ 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. 1 million for a regulatory duty. The funding would be used to repay money owed to the Commonwealth Casino Commission (CCC) and resume casino operations at Imperial Palace · Saipan. Load More. Browne told the Commonwealth of. The indictment alleges that these individuals committed criminal acts while holding executive positions with IPI and MCC International Saipan. Propst (D-Saipan), extreme left, talks about the need for the House as one body to figure out when to pressure the Commonwealth Casino Commission to revoke Imperial Pacific International’s (CNMI) casino license as House Speaker Edmund S. 5 shall be deconstructed and/or disassembled. Imperial Pacific International majority owner Cui Lijie, center, receives an adopt-a-place program certificate from Saipan Mayor Ramon Blas "RB" Camacho, third right, as they pose for a photo with Rep. The gaming market has come under scrutiny for both regulatory and financial issues for. 5 in response to Saipan Tribune’s request for comments about the Commonwealth Casino Commission board chair Edward C. Northern Mariana Islands. A judge has intervened and approved an injunction. 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. 5 million for its license and $3. THE former team leader of Imperial Pacific International's construction workers said the IH Group should inspect IPI's unfinished casino-hotel in Garapan first before investing in the Hong Kong-based company. As a result, next month, IPI will owe the Commonwealth of Northern Mariana Islands (CNMI) more than $100 million. 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. citizens in favor of foreign workers. 1) EOC State Warning Point: (670) 237-8000 (Primary Number). IPI has a history of poor dealings with its employees and is now facing a new lawsuit as a result. Every time it resolves one legal battle, it lands in a. Dr. Box 504879. S. com. In February 2022. (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. "IPI paid for and gave them. Abonita has 18 years of experience in the casino industry and was recruited by IPI in 2015 to work in its casino on Saipan. Dongting Zheng has resigned as manager/director of the Saipan casino licensee, Imperial Pacific International (CNMI) LLC. He said when Deleon Guerrero returns to Saipan, they will request a meeting with the gaming committee members of the 23rd Legislature. 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. Announcing its FY21 financial results on Friday, which saw loss narrowed from HK$7. 1 million annual casino regulatory fee. District Court for the NMI has granted the limited receivership request of three Imperial Pacific International (CNMI) LLC creditors who have outstanding judgments against the casino investor. The contractor was hired by IPI in 2019 to carry out construction work on its casino and hotel complex on Saipan in the Commonwealth of Northern Mariana Islands. Sunrise is at 6:22am and sunset is at 5:43pm. SAIPAN – Ancestral remains that were found on the Imperial Pacific International Resort & Casino construction site were reburied at the site on Friday morning. The license was suspended for failure to pay a $6. 6m in Q2. Saipan, MP 96950 Mailing Address: PO Box 500231 Saipan, MP. ’s request to modify the limited receivership it previously granted in the Joshua Gray. The court granted IPI’s motion for a TRO. 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. “The court appoints Clear, acting by and through its principal, Timothy Shepherd, as the limited receiver…for the purpose of. Additional Phone Numbers. Imperial Pacific International (IPI) continues to try to keep from losing its casino exclusivity in Saipan. IPI announced on Tuesday that its majority shareholder Inventive Star Limited, which is 100% owned by Ms Cui, had reached an agreement with Guan. today, May 23, 2023, and will remain in place until further notice. Jo. SAIPAN — Imperial Pacific International Holdings announced it has signed an agreement with independent companies to complete the construction of IPI's casino-hotel in Garapan. Flores said Yang is a citizen of the People’s Republic of China and does not have lawful immigration status in the U. The agreement will be valid for four years and. 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. Imperial Pacific International (IPI) has been trying to figure out how to hold onto its exclusivity to operate the only casino in Saipan. Yeom however said that the commission’s focus will be in resolving the problems brought on by its current licensee IPI. Flores said Yang is a citizen of the People’s Republic of China and does not have lawful immigration status in the U. Posted on: March 30, 2022, 12:04h. It is majority owned by Cui Lijie through her investment vehicle Inventive Star Limited. The Imperial Palace Casino Resort, once the shiny new object in the tourist district of. Oct 5, 2023. . 9M lawsuit SAIPAN — Sardini Group Inc. Coastal Resources Management. DPW tells IPI to take down tower crane. Roman Benavente, second left, and staff members of regulatory agencies at San Antonio beach on Wednesday. 0. The U. 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. 8e as of Thursday afternoon. Published: November 10, 2019. In November 2018, he "severely injured his spine. 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. 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. 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. DeLeon Guerrero’s request last Sept. Shuttered Imperial Palace Saipan Casino Resort Targeted by New Jersey Investors. THE civil trial for Tang’s Corporation lawsuit against Imperial Pacific International LLC will begin on Dec. Manglona granted last week the requests for limited receivership. October 24, 2023. 24, 2019, EEOC sued IPI for sexual harassment and unfair employment practices on behalf of Shirlene Loh, a VIP hostess, and other similarly aggrieved female employees. 26. 13, a copy of which was obtained by Saipan Tribune yesterday. 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. IPI said it recently signed a Memorandum of Understanding with the IH Group to provide. Xu was a senior executive for IPI and Shi was a project supervisor for MCC International Saipan Ltd. Judge Manglona appointed Clear Management Ltd. Northern Marianas Commonwealth Legislature, Saipan 96950. Jason White, public affairs officer for the Honolulu Division of the FBI, said they executed. have reportedly fled the island, according to an unnamed Imperial Pacific International (CNMI) LLC representative. The former Mariana Resort & Spa in Marpi that was formerly owned by Kan Pacific Saipan Ltd. THE U. He noted that the CNMI Supreme Court’s ruling recognized the applicability of a force majeure defense of IPI’s obligation to pay its annual license fees. “It does not appear that international flights will resume until January 2021. Funny. 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. 1. SAIPAN – Ancestral remains that were found on the Imperial Pacific International Resort & Casino construction site were reburied at the site on Friday morning. S. They said IPI had nothing to do with Yang's travel to Saipan. The Saipan Tribune indicates that a former employee, Joshua Gray, has asked to join. 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. 2. As a result, it wanted a CNMI court judge to halt the next five. federal prosecutors indicted three people involved with Imperial Pacific International Holdings Ltd. 00 on August 1, 2023, and $249,287 on September 1, 2023,” Song said. IPI Remains Committed to Saipan IPI explained that an unidentified travel agency would underwrite 250 hotel rooms and 15 villas at Imperial Palace. IPI won’t complete IPR. 28, plus pre- and post-judgment interest, and costs. IPI’s casino, Imperial Palace Saipan, was closed in March 2020 due to the COVID-19 pandemic. Fax: (670) 323-2649. 26, 2023, KPS applied for a writ of execution pertaining to. 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. " That covers five pay periods, Yeom. S. According to a stock exchange filing by the company on November 11 th, IPI is proposing. 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. Those conditions include the approval by building safety officers of “shop drawings and revised plans” and of welding work to ensure they meet local. Erik Gibbs Expertise: Asia Pacific Gaming, Gaming Business, Global Gaming. According to Demapan, the commission submitted a letter to former Gov. Invest 98W National Weather Service storm. IPI claims spending $1bn to date on the unfinished 344-room hotel. Total records: 115. REPORTER. On Dec. ”. 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. 08 from April 1, 2021 to Dec. In August 2014, the CNMI government granted IPI exclusive rights to build a large hotel and casino in Garapan, the primary business and tourism district on Saipan. 52 in damages. USA Fanter Corp. 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. According to local media reports, at least five FBI agents entered the second floor. Manglona of the District Court for the NMI has granted Kan Pacific Saipan’s writ of execution application against Imperial Pacific International. Fax: (250) 598-6169 . Oct 11, 2023. 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. It's making progress as it pays off some of The World's Online Gaming Authority Since 1995Aug 30, 2017. 9 to use an unspent $250,000 so CCC could hire an executive director and five other personnel to. 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. Although the court did not. Island of Saipan. The following graph shows the progression of the tidal coefficient in the month of November of 2023. com. SAIPAN — Imperial Pacific International Holdings Ltd. S. Phone: (250) 598-6161 . 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 on Sunday. Saipan to decide on IPI’s license fate in March. In July 2016, Gray filed a charge with the Equal Employment Opportunity Commission alleging that IPI discriminated against qualified U. The 14-storey hotel building will offer. He said he has been getting calls from gamblers in South Korea who are looking forward to playing at the IPI casino in Saipan. 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. Imperial Pacific International Holdings Limited ( SEHK : 1076 is a Chinese investment holding company. Several community members gathered. Coastal Resources Management. Tropical depression near Palau and YapIPI has been barely holding on to its exclusive Saipan license for years but it turns out the company still has some unused ammunition in its bag of tricks. 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. 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. Yumul said. 27, the Commonwealth of the Northern Mariana Islands Department of Public Works informed Imperial Pacific International. Saipan Tribune learned that IPI is now looking into their records about the $1 million deposit after one of the construction companies on island disclosed there was such a deposit. SAIPAN — Imperial Pacific International Holdings announced it has signed an agreement with independent companies to complete the construction of IPI's casino. District Court for the NMI has granted Clear Management Ltd. , which it contracted to manage the construction debris. S Federal Bureau of Investigation (FBI) agents raided the governor’s office and other locations on Saipan, Thursday, including the governor’s home and the law offices of his siblings. The sanctions imposed on IPI CNMI, IPI Holdings and Cui Li Jie include a payment of $788,022. Maybe that is something the CNMI needs to do. ferdie_delatorre@saipantribune. Embattled Saipan casino operator Imperial Pacific International (CNMI) LLC has reached an agreement in principle with the Commonwealth Casino Commission on the terms of a settlement that could see IPI retain its casino license. Welcome, Guest“Seven workers settle with IPI,” Saipan Tribune, November 3, 2022 (describing $6. com. Saipan, MP 96950 Mailing Address: PO Box 500231 Saipan, MP 96950IPI was ordered to make incremental monthly payments of $164,270. The predicted tide times today on Thursday 23 November 2023 for Saipan Harbor, Saipan Island Islands are: first high tide at 3:59am, first low tide at 9:58am, second high tide at 4:31pm, second low tide at 11:19pm. SAIPAN — "Blow it up into smithereens. In addition, they stated, “IPI’s motions for judicial notice of materials outside the record are DENIED. Sep 25, 2017. Imperial Pacific International last week said it is “open to the idea” of another casino operator on Saipan. Dr. IPI has reportedly also reached a funding agreement with an investor, named as the OH Group, that the company says will see it receive US$150 million before the end of June. On Jan. 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. “This indicates defendant’s connection to persons of wealth, and defendant’s own social status amongst IPI. Nov 15, 2023. According to the Saipan Tribune, the CCC has filed a petition requesting the court find IPI non. IMPERIAL Pacific International LLC has asked the federal court to dismiss with prejudice the lawsuit filed by Kan Pacific Saipan against the casino investor. These included the payment of the annual $15. m. Pride Keen owns two ships that remain at commercial docks in Saipan through the unpaid lease. Feb. Ltd. 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. SUPERSEDING INDICTMENT - 6 Case 1:18-cr-00008 Document 8 Filed 08/01/19 Page 6 of 17 It was 2015 when IPI opened a temporary casino in a duty-free shopping mall in Saipan. will soon proceed smoothly and will contribute greatly to the economic. 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 said in its annual report that it’s actively planning for a reopening of the casino in November. Please click on the country abbreviation in the. Saipan has the ability to move past IPI to a brighter future. CHIEF Judge Ramona V. (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. IPI removed tower crane number 6 in 2021. January 27, 2021. At the hearing, their attorney, Aaron Halegua, asked the court for an order pertaining to any last-minute objection from IPI. (IPI) Holdings — has failed to pay its annual $15. 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 had argued that revocation of its casino license would prevent its obligated right to pursue arbitration proceedings with the CCC via a force majeure defense, insisting that the COVID-19 pandemic – which saw the company’s Imperial Palace • Saipan casino forced to close in March 2020 – constituted a natural disaster. 5 million casino license fee and US$3. According to a report by Saipan Tribune, the deadline follows a Supreme Court order for the CCC to “decide on a reasonable deadline. When IPI was looking to take over Saipan, it made a deal with Kan Pacific Saipan. Rongkun Xiao, a US citizen who resides on Saipan, sued IPI through attorney Collin Thompson for wrongful termination. IPI still owes the CCC and the CNMI government at least $36. 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. 670-664-8300. ”. By FERDIE DE LA TORRE. THE District Court for the NMI on Thursday ordered Imperial Pacific International to appear at 1:30 p. Northern Mariana Islands. due to the plaintiff under their construction contract for labor and materials provided for the improvement of the Saipan casino investor. IPI revealed Thursday that it has signed a four-year agreement with Sino Travel Samoa Limited for the latter to underwrite the leasing of 250 hotel rooms and 15 villas at Imperial Palace, pending the receipt of all necessary licenses and approvals from Saipan’s authorities in relation to the operation of Imperial Palace. 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. 7. The venue had been closed for over a year. Predictions on technology and innovation. Manglona issued yesterday an order appointing Clear Management as the limited receiver for the sale of IPI properties to satisfy an over $5. ESMORES. The former Mariana Resort & Spa in Marpi that was formerly owned by Kan Pacific Saipan Ltd. • Kan Pacific Saipan Ltd. 1. 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. As reported by Mariana Variety,. According to the complaint, on Jan. 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 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. "IPI paid for and gave them. 1 million yearly regulatory fee, and it did not make a. 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. At the end of May, Joshua Gray, a former executive at Imperial Palace in Saipan, won a $5. January 4, 2022. 8n 154. DeLeon Guerrero’s request last Sept. A construction engineer with a disability who the company previously employed has filed a federal lawsuit against it. 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. m. 20th Northern Marianas Commonwealth Legislature, Saipan 96950. May 5, 2022. IPI’s default has been entered and a motion for default judgment is pending. It was reportedly going to. Saipan District Office. The seven construction workers sued IPI over allegations of labor violations and human trafficking. 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. 9 million obtained for seven Chinese trafficking victims). CNMI Youth Congress. Aug 2, 2022 TOUR: IH Group Chairman Kyunam Kim, right, and Imperial Pacific International board adviser Hongtao Xu at the IPI hotel-casino in Garapan, Saipan, on. Imperial Pacific International (CNMI) LLC faces another possible receivership to auction off millions worth of its personal property. 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. 79% of the company in order to raise funds for development of its. SAIPAN TRIBUNE. On Jan.