{"id":408091,"date":"2024-04-20T04:02:00","date_gmt":"2024-04-20T04:02:00","guid":{"rendered":"https:\/\/www.saipantribune.com\/?p=408091"},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-29T14:00:00","slug":"IPI-files-for-bankruptcy","status":"publish","type":"post","link":"https:\/\/www.saipantribune.com\/index.php\/IPI-files-for-bankruptcy\/","title":{"rendered":"IPI files for bankruptcy"},"content":{"rendered":"<p>Imperial Pacific International (CNMI) LLC has officially filed for Chapter 11 bankruptcy with the U.S. District Court for the NMI reporting that it owes creditors over $150M.<\/p>\n<p>Chapter 11 bankruptcy allows a company to stay in business and restructure its finances and operations.<\/p>\n<p><em>This is a developing story.<\/em><\/p>\n<figure style=\"width: 480px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft\" src=\"https:\/\/www.saipantribune.com\/wp-content\/uploads\/images\/imgupload\/6e1f4cd34376122a194597b954619fbe.jpg\" width=\"480\" height=\"360\" \/><figcaption class=\"wp-caption-text\"><\/p>\n<p>Imperial Pacific International (CNMI) LLC\u2019s Imperial Pacific Resort in Garapan is seen here in this file photo.<\/p>\n<p>-FERDIE DE LA TORRE<br \/><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Imperial Pacific International (CNMI) LLC has officially filed for Chapter 11 bankruptcy with the U.S&#8230;.<\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-408091","post","type-post","status-publish","format-standard","hentry","category-local-news"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/408091","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\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=408091"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/408091\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=408091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=408091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=408091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}