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Paragon Defends Bid For More Time To File Ch. 11 Plan

By Matt Chiappardi (February 16, 2017, 4:13 PM EST) -- Paragon Offshore PLC pushed back Thursday against the unsecured creditors committee's bid to block an extension of the debtor's Chapter 11 plan exclusivity period, arguing that it would be less expensive to spend extra time to fashion a consensual bankruptcy strategy than to litigate two competing ones....

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