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Saipan casino buried in $165m debt but hoping to regroup and resume business

Succumbing to the pressures from its creditors, Imperial Pacific International has filed for Chapter 11 bankruptcy in the U.S District Court for the CNMI, reporting debts totaling of US$165.8 million. 

IPI owes creditors over $165M; files for bankruptcy

IPI owes creditors over $165M; files for bankruptcy
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