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Venoco Settles With Noteholders, Gets Ch. 11 Plan Confirmed

By Vince Sullivan ( July 13, 2016, 7:07 PM EDT) -- After reaching a late-Tuesday-night settlement with noteholders that had objections, Venoco Oil Inc. received approval for its Chapter 11 plan that will allow the energy producer to wipe out almost $1 billion in debt by converting it into equity in the reorganized company....

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