Team King Finalizes IPI Casino Asset Purchase Amid Lingering Questions

The sale of Imperial Pacific International’s (IPI) Saipan casino assets has officially closed, marking a major milestone in a bankruptcy process that has stretched on for over a year. Team King Investment (CNMI) LLC, a newly formed company that won the bid at a court-supervised auction in February, completed the transaction on August 20 after […]

Aug 25, 2025 - 08:35
Team King Finalizes IPI Casino Asset Purchase Amid Lingering Questions

The sale of Imperial Pacific International’s (IPI) Saipan casino assets has officially closed, marking a major milestone in a bankruptcy process that has stretched on for over a year. Team King Investment (CNMI) LLC, a newly formed company that won the bid at a court-supervised auction in February, completed the transaction on August 20 after […]