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 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.
Imperial Pacific considers controversial Senator for CEO job
Former Senator Ray Yamul, once accused of inhumane stances on guest labor, is being considered as CEO.
IPI execs given a new warning about possible jail time
CNMI judge Ramona Manglona threatens to arrest two executives if they don’t show up in court next Thursday.
Imperial Pacific tries a different route to avoid paying casino fees
The casino operator behind Saipan’s Imperial Palace now asserts that the annual casino fee in unconstitutional.
IPI contractor wants to sell casino operator’s assets to pay debt
Pacific Rim wants permission from the government to sell Imperial Pacific assets in order to recuperate its outstanding debt.
Regulators force Imperial Pacific to find a CEO, make other changes
The comically clumsy casino company behind Saipan’s Imperial Palace has two weeks to put a new executive in charge of operations.
