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With Few Options Left, Cal Dive Shifts To Ch. 7 In Del.

By Jeff Montgomery (March 8, 2017, 7:25 PM EST) -- Undersea oil and gas exploration company Cal Dive International Inc. scuttled remnants of its 2-year-old Chapter 11 on Wednesday, securing a Delaware judge's approval to convert the case to Chapter 7 liquidation and hand remaining operations over to a trustee....

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