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Last updateTue, 27 Aug 2019 12am







    Monday, August 26, 2019-9:08:46P.M.






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Imperial Pacific sues Bloomberg, 2 reporters

BLOOMBERG L.P.  and two of its reporters have been sued in Hong Kong by Imperial Pacific International Holdings Ltd. and its subsidiary Imperial Pacific (CNMI) LLC.

The High Court of Hong Kong Special Administrative Region’s Court of First Instance has issued a writ of summons to Bloomberg L.P., the New York- based business and market-news organization.

The news organization was named first defendant in the lawsuit. Its reporters Matthew Campbell and K. Oanh Ha were named second and third defendants.

Asked for comment, Imperial Pacific said it will “defer  comment about the on-going defamation lawsuit filed in Hong Kong to the parties in that jurisdiction.”

Variety was unable to get a comment from Bloomberg.

The writ of summons stated that Bloomberg L.P.  is a firm whose principal place of business is located at 731 Lexington Avenue, New York, and its principal place of business in Hong Kong is on the 25th floor of Cheung Kong Center, 2 Queen’s Road, Central Hong Kong.

The writ listed Campbell and Oanh Ha’s address as 3 Queen Victoria Street, London, UK.

Bloomberg has been posting news articles critical of Imperial Pacific which is constructing a casino-resort on Saipan. In March, Bloomberg reported that the casino operator was “raided by U.S. agents” which IPI denied.

In its latest Hong Kong Stock Exchange financial declaration, IPI said it has already spent an estimated $650 million in connection with the design, engineering, construction materials and labor for its Saipan casino-resort project.