On March 24, 2016, a disclosure statement with respect to a plan of reorganization or liquidation was filed in the bankruptcy case of Paragon Offshore plc and its affiliates.
The filing was assigned docket number 190 and is described on the court’s official docket as follows:
Disclosure Statement (Proposed Disclosure Statement for Amended Joint Chapter 11 Plan of Paragon Offshore PLC and its Affiliated Debtors) (related document(s)) Filed by Paragon Offshore plc (Attachments: # (1) Exhibit A # (2) Exhibit B # (3) Exhibit C # (4) Exhibit D # (5) Exhibit E) (Steele, Amanda)
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.