Thursday, May 9, 2024
HomeNewsPacific IslandsSaipan casino regulator authorizes Imperial Pacific International's counsel withdrawal

Saipan casino regulator authorizes Imperial Pacific International’s counsel withdrawal

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 the CCC’s five complaints.

According to a Saipan Tribune report, the CCC board discharged three lawyers from Hughes Hubbard Reed LLP, a multinational law firm headquartered in New York City, as counsel for IPI.

Stephen J. Nutting and Michael Chen, IPI counsels, have been appointed to represent IPI on its appeal to the U.S. Supreme Court to reverse its casino license fees repayment order.

IPI was recently given 30 days by the CCC 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.

The CNMI casino annual license fee is $15,5 million, with IPI owing the annual fees respective to 2020, 2021, 2022, 2023, with the board considering the 30 days provided for the repayment as ‘reasonable’.

AGBrief Editorial
AGBrief Editorialhttps://agbrief.com/about-asia-gaming-brief/
The AGBrief Editorial Team is a group of contributors living around the world that are connected to Asia Gaming Brief. They are active members in pursuing the sources of our news, making them reliable and accurate for our readers.

MORE ARTICLES