Imperial Pacific International (IPI)
Pacific IslandsFederal judge sets October deadline for IPI restructuring after asset sale
Pacific IslandsImperial Pacific bid winner trying to transfer land lease of casino propertyPacific IslandsCNMI legal rep claims bidder for Imperial Pacific’s casino assets is “closely related to the debtor”: reportPacific IslandsImperial Pacific seeks court approval for asset auction stalking horse bidder
Pacific IslandsFederal court greenlights bidding procedure for auction of IPI’s assets, minimum bid set at $10M
Pacific IslandsIPI sets $10M minimum bid for asset sale, seeks court approval
Pacific IslandsCNMI government opposes IPI’s asset sale citing creditors’ interestsPacific IslandsImperial Pacific proposes to sell Saipan casino and other assets for $10MPacific IslandsIPI plans to sell unfinished hotel-casino to settle debts
Pacific IslandsUS tax authority claims Northern Marianas gaming regulator owes $5.8M in unpaid taxes