Northern Mariana Islands Retirement Fund Files For Bankruptcy

April 25 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle at the American Bankruptcy Institute's Annual Spring Meeting in Washington DC about a new bankruptcy case filed by Northern Mariana Islands Retirement Fund. According to the filing, the fund covers about 2,800 government workers and 2,400 retirees and at current levels would have run out of money in July See more +

April 25 (Bloomberg Law) -- Bloomberg Law's Lee Pacchia talks with Bloomberg News bankruptcy columnist and editor-at-large Bill Rochelle at the American Bankruptcy Institute's Annual Spring Meeting in Washington DC about a new bankruptcy case filed by Northern Mariana Islands Retirement Fund. According to the filing, the fund covers about 2,800 government workers and 2,400 retirees and at current levels would have run out of money in July 2014.

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