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IPI creditors file stay on proceedings pending bankruptcy petition

Imperial Pacific International (CNMI) LLC creditors have filed their respective notices for automatic stay on pending proceedings.

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Santos seeks Senate support to enable DPL to tap $1M settlement

Public Lands Secretary Teresita A. Santos is seeking Senate support in amending the budget law so the department can tap the $1 million that DPL got as settlement payment in

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Department-of-public-lands
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Office-of-the-public-auditor

$1.4M from IPI auctions ready to be disbursed to creditors

The company that’s auctioning off some properties of Imperial Pacific International (CNMI) LLC has amassed over $1.4 million from the auctions it has already held and is now ready to

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Tang-corp
Pacific-lumber-company
Winzy-corporation
United-states-fanter-corp

MPLT trustees file complaint vs. DPL before OAG, OPA

The trustees of the Marianas Public Land Trust have filed a formal complaint and request for investigation/audit with the Office of the Attorney General and Office of the Public Auditor

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Department-of-public-lands

House OKs DPL use of $1M settlement money

The House of Representatives passed yesterday a bill that will allow the Department of Public Lands to use $1 million in settlement money arising from a DPL lawsuit in order

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Department-of-public-lands
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Civil-case

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