The Federal Court has given the nod to the US Fanter Corp. Ltd.’s request to issue a written order against Imperial Pacific International LLC so that its electronic gaming machines and vehicles can be seized and sold. The money that is set to be generated by the sale is to be used to satisfy the more than $2 million judgment that was previously issued against the casino operator based in Saipan.
Ramona V. Manglona, Chief Judge for the Northern Mariana Islands’ District Court also ordered Imperial Pacific to keep the registration, maintenance and insurance of all casino gaming machines and vehicles that are currently subject to the execution of the court’s written order. Judge Manglona said that the company is expected to store all electronic gaming machines and vehicles in the underground parking lot either of its hotel and casino establishment in Garapan, Saipan, or in its property in Chinatown, Saipan.
Furthermore, the court’s clerk was directed by Judge Manglona to issue the written order of execution in the full amount of the altered ruling on casino gaming machines and vehicles of the company that had been identified in the application for the order filed by USA Fanter.
Cort Issues an Amendment for Original Ruling against Gambling Operator IPI
Earlier, she issued a final ruling favoring USA Fanter and entered a ruling favoring a mechanic’s lien to Imperial Pacific’s interest in a Garapan-based real estate situated on 1.567 hectares that was worth over $2,089,000, including prejudgment interest, as well as costs and post-judgment interest. The court issued an amendment to its original ruling against Imperial Pacific on May 26th, 2021 amounting to $2,089,345.28.
A mechanic’s lien is the legal claim that contractors or suppliers can make against a real estate property for not receiving the payments they were owed for performing certain activities or materials they have supplied.
USA Fanter, which is being represented by attorney Colin Thompson, claimed that Imperial Pacific has not posted an appeal or supersedeas bond. The company also said that IPI has not received an order staying the execution of the Federal Court’s judgment. The legal representative of USA Fanter shared that the automatic stay operated only for a period of 30 days from the judgment’s expiry date on March 14th, 2021.
Mr. Thompson issued a declaration stating that the overall value of the casino gaming machines and vehicles of Imperial Pacific was over $3,241,400.
Imperial Pacific has been taken to court by USA Fanter over the fact that it failed to pay the amount it owed to the plaintiff in full under the provisions of the construction deal for material and labor inked by the two parties. The litigation stated that USA Fanter received a payment of only $300,000 and the unpaid portion of the due payment amounts to at least $2,089,345. The Northern Mariana Islands-based gambling operator was also sued by another contractor, Pacific Rim, for failing to pay for its services.
