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Adams Resources Gets OK For 'Unique' Ch. 11 Auction Plan

By Matt Chiappardi (May 24, 2017, 6:29 PM EDT) -- A Delaware bankruptcy judge gave Adams Resources Exploration Corp. the green light Wednesday for an auction plan both he and the U.S. trustee's office say they've never seen before that will allow the oil and gas driller's nondebtor parent and post-petition lender to bid five days after the deadline....

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