{"id":243287,"date":"2016-12-27T06:06:33","date_gmt":"2016-12-26T20:06:33","guid":{"rendered":"http:\/\/www.saipantribune.com\/?p=243287"},"modified":"2016-12-27T06:06:33","modified_gmt":"2016-12-26T20:06:33","slug":"cda-wants-seize-ex-first-ladys-shares-stocks-2-companies","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/cda-wants-seize-ex-first-ladys-shares-stocks-2-companies\/","title":{"rendered":"CDA wants to seize ex-first lady\u2019s shares of stocks in 2 companies"},"content":{"rendered":"<p>The Commonwealth Development Authority is seeking a court order to authorize it to seize the property of former first lady Matilde V. Guerrero and the estate of late governor Lorenzo Iglecias De Leon Guerrero to satisfy a $1.3 million judgment, including interest and penalties. <\/p>\n<p>CDA, through counsel Jennifer Dockter, asked the Superior Court to issue a writ of execution allowing it to seize Matilde Guerrero\u2019s and the estate of Lorenzo Guerrero\u2019s shares of stock in Saipan Stevedore Co. Inc. and in Saipan Shipping Co. Inc.<\/p>\n<p>Lorenzo Guerrero, through estate administrator Matilde Guerrero, holds 10.58 shares in Saipan Stevedore Co. Inc. Matilde Guerrero has 10.4285 shares in Saipan Shipping Company Inc. <\/p>\n<p>In her affidavit in support of CDA\u2019s application for writ of execution, Dockter said that, on April 29, 2011, a deficiency judgment was granted in favor of CDA and against Matilde Guerrero and the estate of Lorenzo Guerrero in the total amount of $853,274.42.<\/p>\n<p>Dockter said the defendants have failed to satisfy the judgment. Court records show that CDA extended a direct $122,129.42 loan to the Guerreros with 9 percent interest. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Commonwealth Development Authority is seeking a court order to authorize it to seize the&#8230;<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[366,7698,14887,6034],"class_list":["post-243287","post","type-post","status-publish","format-standard","hentry","category-local-news","tag-cda","tag-lorenzo-guerrero","tag-matilde-guerrero","tag-saipan-stevedore-co"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/243287","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=243287"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/243287\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=243287"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=243287"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=243287"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}