UK court puts Paragon Offshore in administration in latest phase of ...

05/23/17


Splash 247

UK court puts Paragon Offshore in administration in latest phase of Chapter 11 process
Splash 247
A court in the UK has put US-based offshore rig operator Paragon Offshore in administration, the next step in the company's plan to enter Chapter 11 bankruptcy protection in the US. As reported last week, the Houston-headquartered company sees the ...

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