Drill Rig Maker Reaches Deal With Creditors, Lenders On DIP
By Vince Sullivan ( August 2, 2019, 6:40 PM EDT) -- Drilling rig maker Schramm Inc. largely avoided a contested hearing on its proposed $6 million post-petition financing package and bidding procedures Friday when it reached an agreement with unsecured creditors and its lenders during a break in the Delaware proceedings....
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