Imperial Pacific International LLC, the troubled casino operator on Saipan, had its license revoked three years prior. The operator's license was suspended in April 2021 due to nonpayment of regulatory and license fees.
Imperial Pacific International is looking to restructure its business in light of its Chapter 11 bankruptcy filing. This is due to the fact that, should the application be accepted, it may allow the business to reorganize its business affairs, possibly resolving unpaid debt with creditors while still operating.
Imperial Pacific International is looking to restructure its business in light of its Chapter 11 bankruptcy filing. This is due to the fact that, should the application be accepted, it may allow the business to reorganize its business affairs, possibly resolving unpaid debt with creditors while still operating.