Paragon Offshore plc Bankruptcy New Filing Alert: Application For Authority To Retain Professionals

On March 14, 2016, an application for authority to retain professionals was filed in the bankruptcy case of Paragon Offshore plc and its affiliates.

The filing was assigned docket number 157 and is described on the court’s official docket as follows:

Application/Motion to Employ/Retain Richards, Layton & Finger, P.A. as Co-Counsel Pursuant to Sections 327(a) of the Bankruptcy Code, Bankruptcy Rules 2014(a) and 2016 and Local Rule 2014-1, Nunc Pro Tunc to the Petition Date Filed by Paragon Offshore plc. Hearing scheduled for 4/6/2016 at 10:00 AM at US Bankruptcy Court, 824 Market St., 5th Fl., Courtroom #6, Wilmington, Delaware. Objections due by 3/28/2016. (Attachments: # (1) Notice # (2) Exhibit A # (3) Exhibit B # (4) Exhibit C) (Barsalona II, Joseph)

Paragon Offshore plc filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 14, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the District of Delaware. The case number for the lead bankruptcy case is 16-10386. The bankruptcy case is currently assigned to United States Bankruptcy Judge Christopher Sontchi. The law firm of Weil, Gotshal & Manges LLP is acting as lead bankruptcy counsel to Paragon Offshore plc in the bankruptcy case.


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