In the Commonwealth of the Northern Mariana Islands and the boss for beleaguered casino operator Imperial Pacific International Holdings Limited is reportedly facing the prospect of spending some time in jail after failing to comply with an earlier district court order.
According to a report from the Saipan Tribune newspaper, the United States District Court for the Northern Mariana Islands has given the operator behind the temporarily-shuttered Imperial Palace Saipan venue one final chance to officially explain why its Chief Executive Officer, Donald Browne, should not be found in contempt and arrested by the United States Marshals Service.
The newspaper reported that the executive is in trouble after the district court ordered his firm to pay a judgement worth $93,834 to seven former construction workers. Although this command was purportedly due to be satisfied by September 25, its deadline was later extended to October 24 following the receipt of an assurance signed by Browne.
The Saipan Tribune reported that this one-month allowance was given to Imperial Pacific International Holdings Limited so as to allow the firm to liquidate assets in order to help satisfy the district court’s order. However, the Hong Kong-headquartered operator is purportedly thought to have failed to dispose of any holdings and has yet to make a single payment towards meeting the earlier judgement.
The United States District Court for the Northern Mariana Islands is to reportedly also use a hearing later today to decide whether it should require Browne to pay a $500 fine for every day that its past judgement remains unfulfilled. The body purportedly explained that Imperial Pacific International Holdings Limited has additionally already been held in civil contempt after violating numerous discovery-related orders and as a result is being hit with a daily $2,000 financial penalty that is still accruing.
Judge Ramona Manglona from the United States District Court for the Northern Mariana Islands reportedly told the newspaper that Imperial Pacific International Holdings Limited, which is moreover currently facing the prospect of having its Saipan casino license revoked, does have local assets ‘that could be liquidated so that its lawful debts can be satisfied’.
Manglona reportedly declared…
“In other words, monetary sanctions against Imperial Pacific International Holdings Limited have proven insufficient to compel its directors and executives to take the steps necessary to comply with the orders of the court.”