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Paragon Offshore Pitches Another Ch. 11 Disclosure In Del.

By Jeff Montgomery (April 28, 2017, 6:54 PM EDT) -- Paragon Offshore PLC positioned itself for a third Chapter 11 plan confirmation effort Friday, securing a Delaware bankruptcy judge's approval for a revised disclosure and reorganization plan proposal that will give creditors control of the company and the oil driller's right to sue its corporate parent....

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