July 12, 2021
In the Commonwealth of the Northern Mariana Islands and a federal court has reportedly ordered beleaguered casino operator Imperial Pacific International Holdings Limited to sell off some of its assets so as to pay an over $2 million debt.
According to a report from the Marianas Variety newspaper, Judge Ramona Manglona from the District Court for the Northern Mariana Islands granted the writ of execution from plaintiff USA Fanter Corporation Limited that will oblige the casino firm to dispose of almost all of its local vehicles and gaming machines. The source detailed that the construction contractor requested the lien late last month with Imperial Pacific International Holdings Limited still owing all but $300,000 of an almost $2.4 million bill.