SemGroup Judge OKs Deals As Ch. 11 Exit Nears
U.S. Bankruptcy Judge Brendan L. Shannon of the District of Delaware on Monday signed off on settlements between the debtors and three creditors — BP Oil Supply Co., ConocoPhillips Co. and Goldman Sachs commodity subsidiary J. Aron & Co. — as the Oklahoma-based oil company inches nearer to emergence from Chapter 11 protection.
The settlements call for the release...
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