Casino operator liquidated as Chapter 11 bankruptcy ends

Imperial Pacific International, which operated a casino resort in Saipan, an island in the Commonwealth of the Northern Mariana Islands, has completed its Chapter 11 bankruptcy process following a federal judge’s approval of a structured dismissal. The company filed for bankruptcy protection in April 2024 with debts of $141.6 million owed to multiple creditors, including the Commonwealth Casino Commission, CNMI Treasury, main contractor MCC International, former employees, and various con