Imperial Pacific International (CNMI) LLC, facing mounting financial pressure, has sought refuge in Chapter 11 bankruptcy protection, halting negotiations with the Commonwealth Casino Commission (CCC).

The Saipan casino operator Imperial Pacific International (IPI) has decided to proceed with Judicial Review (JR) Proceedings against the delisting decision made by the...

A Listing Review Committee from the Hong Kong Stock Exchange has decided in favor of delisting Imperial Pacific International, with the group being told its share-listing capacity would end on February 22nd.

Imperial Pacific International LLC is indebted to judgment creditors in both federal and local courts, encompassing the tax lien maintained by the CNMI Division of Revenue and Taxation, amounting to a total of $21,108,568.71.

Imperial Pacific International’s parent company could face a possible delisting from the Hong Kong Stock Exchange, as the Saipan operator continues to face challenges on multiple fronts. According to IGamiX Managing Partner Ben Lee the possible revocation of its casino license by the Commonwealth Casino Commission due to unpaid casino license fees just adds to the multiple challenges faced by the company.

The Commonwealth Casino Commission board has authorized a motion to withdraw three counsels currently assisting Imperial Pacific International (CNMI) LLC in its Supreme Court appeal against CCC’s five complaints.

Imperial Pacific International (IPI) has been given 30 days by the Commonwealth Casino Commission board to pay $62 million total in casino license fees it has owed to the Commonwealth of Northern Mariana Islands (CNMI) for almost four years.

Imperial Pacific International Holdings (IPI) has had its next winding up petition hearings pushed back to January 17th.

A top political representative is calling for the Mariana Commonwealth Casino Commission to revoke the casino license of Imperial Pacific International (IPI).

The manager and director of Imperial Pacific International (IPI), Dongting Zheng, has resigned from the Saipan gaming license holding company.