IPI says workers will get paid

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IMPERIAL Pacific International LLC informed the federal court on Wednesday that funds for its employees’ payroll 13 will arrive and they would be paid on July 9.

At the status conference hearing, IPI attorney Michael Dotts also said that funds for payroll 14 would arrive on July 9 and that the workers will be paid today, Friday.

 Dotts provided the information after U.S. Department of Labor attorney Charles Song inquired about it.

 Song appeared telephonically at the hearing.

 He previously notified the court that  Pacific Rim Land Development LLC lawsuit’s against IPI is related to the consent judgment entered by the court on April 11, 2019 “which enjoined IPI from violating” the Fair Labor Standards Act.

Song said IPI made representations and public statements that the amended civil judgment entered against IPI in the amount of $6,909,333.43 on May 28, and the writ of executions issued to several banks caused it to default its obligations to IPI employees and miss  payroll.

  IPI last year signed a consent judgment with the USDOL to settle and resolve the labor violations of its former construction contractors.

 IPI agreed to pay $3,360,000 in back wages, liquidated damages, and civil monetary penalties.

 As for the Pacific Rim lawsuit, Dotts on Wednesday sought the district court’s permission to create a restricted account.

 Dotts said IPI has raised funds for a restricted account which will be “treated like a bond.”

  The lawyer said he is now working on a stipulation regarding the proposed restricted account.

Attorney Colin Thompson appeared for Pacific Rim and informed the court that attorney George Hasselback will make an appearance in this matter as counsel for IPI and will request for an extension of time to file an opposition to Pacific Rim’s motion to dismiss IPI’s counterclaims.

  Chief Judge Ramona V. Manglona scheduled another status conference for July 15 at 9 a.m.

 Judge Manglona has not yet ruled on Pacific Rim’s request to issue an order authorizing the U.S. Marshals to release to Pacific Rim the seized IPI funds.

 On April 27, 2020, the federal entered a judgment in favor of Pacific Rim in its lawsuit against IPI for breach of contract and breach of promissory note.

On May 28, the federal court entered an amended civil judgment in favor of Pacific Rim in the amount of $6.9 million including the principal amount and attorney’s fees and costs.

 The federal judge  previously granted Pacific Rim’s application for a writ of execution to seize money owned or controlled by IPI from  Bank of Saipan, City Trust Bank, Bank of Guam, and First Hawaiian Bank; and from two escrow accounts believed to be owned by IPI at Security Title Inc., and Pacific American Title Inc.

Thompson said the money seized from IPI’s Bank of Saipan account and funds from the two escrow  accounts is under the custody of the district court.

The amount of the money seized was not disclosed.

 

 

 

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