Friday, April 19, 2024
HomeNewsPacific IslandsIPI refiles lawsuits against CCC and Palacios

IPI refiles lawsuits against CCC and Palacios


Imperial Pacific International (CNMI) LLC, a casino operator, resubmitted its two lawsuits against Palacios, the CCC, and associated officials on Friday.

These lawsuits concern the regulatory fee statute outlined in the Casino License Agreement, which IPI alleges imposes “excessive and unlawful fees.”

These are the same lawsuits IPI had previously requested to be dismissed on January 30th.

As per reports from the local media outlet Saipan Tribune, the plaintiff did not specify the reason for their initial decision to withdraw the case. However, CCC executive director Andrew Yeom previously stated that IPI had consented to dismiss its lawsuits due to ongoing settlement discussions. The recently refiled lawsuits did not justify bringing the two cases back to court.

IPI alleges that the CCC and the CNMI administration violated the casino investor’s constitutional rights by demanding “excessive and unlawful fees.”

According to its complaint, IPI argues that the defendants, acting under the authority of Commonwealth law, resulted in a significant deprivation of their contractual rights, thereby violating both U.S. and Commonwealth constitutions.

AGBrief Editorial
AGBrief Editorial
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.