IMPERIAL Pacific International LLC representative Tao Xing told the federal court at a status conference on July 1 that IPI had not made payment towards the Xerox Corp. judgment.
After hearing from the parties, Chief Judge Ramona V. Manglona of the District Court for the NMI set another status conference for Aug. 3, at 1:30 p.m.
“This is a review hearing on payment order,” the judge said.
IPI and Xerox entered into a services master agreement on Feb. 26, 2016. On Dec. 23, 2020, Xerox, represented by Banes Horey Berman & Miller LLC, sued IPI for not paying for services rendered and equipment it rented.
Xerox sued IPI for breach of contract, unjust enrichment, and quantum meruit.
On Jan. 26, 2021, the federal court entered default following IPI’s failure to appear or otherwise defend.
Later, the court granted Xerox’s motion for default judgment and injunctive relief.
Specifically, judgment was entered in favor of Xerox for $192,825.84 in overdue invoice amounts and prejudgment interest as of Jan. 1, 2021.
On Aug. 9, 2021, the court amended its order granting the plaintiff default judgment, and ordered IPI to pay Xerox the principal amount of $192,825.84 plus $11,603.94 in prejudgment interest at the rate of 1% per month of simple interest, $5,738.50 in attorneys’ fees, and $604.83 in costs for a total amount of $210,773.11, which shall accrue post-judgment interest at 0.07% per annum.
On June 29, 2022, Xerox, through attorney Richard Miller, filed a status report stating that the court ordered IPI to make a partial payment to Xerox in the amount of $60,000 by June 28, 2022.
IPI did not make any payment by June 28 and had not made any payment since June 28, Miller said.
According to Miller, as of June 29, 2022, the outstanding balance of principal and interest was $212,865.39.
