Saipan casino could go into receivership if it doesn't make $2M payment by Friday

Luck is running out for the Imperial Pacific International Holdings Casino in Saipan. A federal judge has given its chairman and CEO until Friday afternoon to pay up more than $2 million from a judgment issued two years ago in the CNMI District Court.

CNMI District Court Chief Judge Ramona Manglona is not playing and found IPI in contempt for failing to comply with a 2019 court order to pay up for violating the Fair Labor Standards Act.

At the time an investigation by U.S. Department of Labor found that IPI was not paying minimum wage and overtime rates to construction contractor employees and not maintaining accurate records. As a result Judge Manglona ordered IPI to pay millions in back wages and penalties.
By December 2020, the feds filed for IPI to be held in contempt for failing to comply with the conditions of the 2019 judgment. Additionally, USDOL barred the company from participating in the H-2B program for five years.

Fast forward to this year the Saipan Casino continues non-compliance and as a result, Judge Manglona is giving Chinese billionaire and IPI Chairperson and Executive Director Cui Li Jie until 1:30 tomorrow to pay $1.1 million in back wages under the 2019 consent judgment, $800,000 must also be deposited into an escrow account to secure future payment of wages of IPI employees going forward, and for IPI to pay back wages to former workers employed after the 2019 judgment was entered.

If the company fails to make payment the company will go into receivership. Attorney Joyce Tang with the Civille & Tang law firm has been named as the federal equity receiver. She will have the power to possess and liquidate the company's assets.

Attorney Tang will receive a compensation of $350.00 dollars per hour from the defendants.
The contempt order isn't the Saipan Casino's only debt, court documents state a notice of tax lien by the CNMI Department of Defense indicates the company owes about $10 million in taxes. 

The hotel-casino remains unfinished a stop-work order was issued as a result of non-compliance.