IPI avoids receivership after new deal with US Department of Labor

Imperial Pacific International has narrowly avoided receivership for the time being after reaching a new arrangement with the US Department of Labor. Meanwhile, it is also agreed between the US Department of Labor and the CNMI Department of Finance that the former’s consent judgement vis-a-vis IPI must take precedence over the latter’s tax lien.

IPI, USDOL reach agreement (Marianas Variety)

‘Tax lien subordinate to consent judgment’ (Saipan Tribune)

Felix is the Asia Editor and Events Director of the Asia Gaming Brief. He has over a decade of experience developing conferences for industries including gaming, telecoms, investment, biotechnology, and mining. He has developed some of the most well-known conferences for the Asian gaming industry, most recently being the ASEAN Gaming Summit, the Australasian Gaming Seminars, and the Mekong Gaming Summit. Felix covers gaming technology and innovation and is passionate about developing engaging and eye-catching content for the industry.