Ethical questions at IPI lead lawyer to exit as chair held in contempt
A lawyer representing Imperial Pacific steps down over possible “ethical violations”.
Imperial Pacific receiver appointed as partial liquidation looms
The casino operator faces a forced liquidation of certain assets to pay off portions of its outstanding debt.
IPI chair facing prison and major fines if contempt charge upheld
Chairman Cui Li Jie needs to explain to a judge why she shouldn’t be locked up for disobeying a court order.
Second casino license in the CNMI possible if IPI bites the dust
CNMI legislators are discussing several different paths for the commonwealth’s gaming scene because of IPI’s failures.
IPI still in hot water as it loses two more legal battles
The casino operator behind Saipan’s Imperial Palace can’t seem to shake itself from a long run of bad luck.
IPI confirms it can’t pay debt, wants to work out a payment plan
Imperial Pacific acknowledges it can’t pay its debt to the DOJ as ordered and wants to pay in in installments.
Imperial Pacific has a month to pay debt, or face receivership
A judge has given Imperial Pacific until March 1 to pay the remainder of outstanding employee wages before things get ugly.
Cluelessness, powerlessness behind IPI’s fall, according to company
Imperial Pacific admits that its continued issues stem from ignorance and insolvency.
IPI faces breach of contract if Imperial Palace launch delayed
The casino operator is certain it can’t meet the February 28 deadline to open Imperial Pacific in Garapan.
IPI makes good on employee backpay, but still owes more
The casino operator found money to be able to give employees six weeks’ pay, but reportedly comes short of the total amount due.
