Saturday, May 18, 2024

Search Results

Creditors move to dismiss Imperial Pacific’s bankruptcy petition

Creditors move to discredit Imperial Pacific's appeal for bankruptcy, with over $160 million in debts in question.

Imperial Pacific needs $150M to complete Garapan IR

Imperial Pacific International (CNMI) LLC's director/general manager Howyo Chi recently revealed that completing the casino/resort building in Garapan will require an estimated $150 million investment from IPI.

Saipan casino watchdog delays Imperial Pacific license revocation decision

The Saipan Commonwealth Casino Commission (CCC) board has deferred its decision on whether to revoke Imperial Pacific International's exclusive gaming license in light of the company's Chapter 11 bankruptcy filing.

Imperial Pacific International files for bankruptcy

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).

HK High Court orders winding up of Imperial Pacific, liquidator appointed

The final death knell for Imperial Pacific International appears to have been rung, as Hong Kong’s High Court ordered the company to be wound up and appointed a provisional liquidator.

Imperial Pacific agrees with $24M settlement in 2024

Commonwealth Casino Commission (CCC) executive director Andrew Yeom revealed under the draft stipulation agreement, Imperial Pacific International (IPI) will pay a total of $24 million in 2024.

Imperial Pacific gaming license decision delayed to April 22nd

After lengthy discussions, the Commonwealth Casino Commission (CCC) has set April 22nd as the final deadline for its executive director and Imperial Pacific International (IPI) to reach a settlement agreement.

Imperial Pacific International challenges delisting decision

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

Imperial Pacific International told to delist from HKSE on February 22nd

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 winding up proceedings delayed again, to January 31st, in Hong Kong

Imperial Pacific International (IPI) has had its winding up petitions in Hong Kong court delayed yet again, with the date now pushed back to January 31st.