DISTRICT Court for the NMI Chief Judge Ramona V. Manglona has ordered Imperial Pacific International LLC and IPI chairwoman Cui Li Jie to purge their contempt of court by Friday,
IMPERIAL Pacific International LLC receiver Joyce Tang wants to know whether the two crystal dragons in the IPI hotel-casino lobby are among IPI’s assets.
Joyce Tang OK d as IPI receiver; NMI tax claim subordinate to USDOL s judgment claim | News mvariety.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mvariety.com Daily Mail and Mail on Sunday newspapers.
ASIDE from hearing the complaints about Imperial Pacific Internationalâs failure to meet its obligations, the Commonwealth Casino Commission also questioned the casino investorâs financial suitability.
During Tuesdayâs evidentiary hearing on Commission Complaints 2020-003, 2020-004 and 2020-005, Commission Chairman Edward C. Deleon Guerrero reminded IPI counsel, Tiberius Mocanu, of the casino law, which requires IPI to be financially suitable.
He also told the IPI attorney that the casino commission has ânot only the authority but an obligation to enforce the requirement of the law.â
Deleon Guerrero likewise informed Mocanu that the Attorney Generalâs Office has provided the commission an opinion defining financial suitability as, among other things, having the ability to pay its vendors.
THE CNMI Department of Finance-Division of Revenue and Taxation has submitted three notices of tax lien against all the properties and rights to property of Imperial Pacific International LLC in the U.S. Department of Labor consent judgment proceeding in federal court.
Assistant Attorney General Dustin Rollins on Thursday stated that in accordance with the Northern Marianas Territorial Income Tax, âa Commonwealth tax lien has priority over any lien or encumbrance not perfected prior to the Commonwealth recording its tax lien notices.â
The total amount of the tax lien against IPI is $10,405,815.88.
Richard F. Santos, collection and remittance branch manager of the CNMI Division of Revenue and Taxation, said taxes (including interest and penalties) have been assessed against IPI, adding that âdemand for payment of this liability has been made but it remains unpaid.â