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IPI denies  allegations of  food vendor and apartment complex owner

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IMPERIAL Pacific International, LLC has denied the allegations of a food vendor and the owner of a 21-unit apartment complex.

IPI, through newly retained attorney George Hasselback, has asked the federal court to rule in favor of his client against the lawsuit of Ping Shun Corp., which alleged breach of contract, unjust enrichment and liability for an account in federal court.

Hasselback also represents IPI and Forson Holdings (CNMI) LLC in the lawsuit filed by Fox Financial LLC that alleged breach of contract and breach of guarantees.

IPI likewise denies the allegations against it.

Hasselback stated that the lawsuits failed to state a claim against IPI or create a genuine issue of fact upon which relief may be granted.

Represented by attorney Samuel Mok, Ping Shun Corp. stated that from Dec. 21, 2016 to Dec. 31, 2019, the plaintiff or its assignors provided breakfast, lunch and dinner at the request of IPI for thousands of individuals involved in the construction of its hotel-casino project in Garapan as well as IPI employees and VIP guests.

The food vendor also alleged a breach of residential lease agreement related to the housing of some employees and/or construction workers of IPI.

The plaintiff said IPI failed to pay for damages related to furniture and appliances that were damaged and/or unlawfully taken from the premises prior to the end of the lease term.

The vendor, moreover, stated that IPI also failed to pay for spa services provided to its executives and VIP guests.

Ping Shun Corp. is asking the court to issue an order directing IPI to pay its outstanding balance in the amount of $462,003.64.

Fox Financial, for its part, sued Forson Holdings and IPI for the nonpayment of sublease of a 21-unit apartment complex on Navy Hill.

Fox Financial sued Forson for breach of contract, and sued IPI for breach of guarantee.

Fox Financial, through attorney Daniel T. Guidotti, requested the federal court to issue an order awarding it $118,000 jointly and severally against Forson and IPI including costs and attorney’s fees to be determined at trial.

According to the lawsuit, in 2016, Forson subleased a 21-unit apartment complex from Fox Financial and IPI guaranteed that it would pay Forson’s obligation under the sublease if Forson failed to pay Fox.

Guidotti said in Feb. 2020, Forson failed to pay Fox Financial more than $100,000 due under the sublease.

For its part, IPI failed to honor its promise to pay Forson's obligations, the lawyer said, adding that at present, Forson owes Fox Financial at least $118,000 with accruing interest at 10% per year.

 

 

 

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