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Paragon Creditors Say Third Extension Request Is Too Many

By Alex Wolf (February 8, 2017, 11:07 PM EST) -- A group of Paragon Offshore PLC creditors pushed back against the bankrupt drilling company on Wednesday, telling a Delaware bankruptcy judge that Paragon should not be permitted to extend its Chapter 11 plan exclusivity period, as its pending third attempt at reorganization unjustifiably leaves unsecured creditors "largely out in the cold."...

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