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Paragon Drilling Units Get Nod To Use Cash Collateral

By Vince Sullivan (July 27, 2017, 5:48 PM EDT) -- A group of offshore drilling subsidiaries of the reorganized Paragon Offshore LLC received court approval Thursday in Delaware to use cash collateral to fund their new Chapter 11 cases after reaching consensus with the United States trustee and the owners of the debtors' drilling rigs....

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