PARAGON OFFSHORE PLC (IN ADMINISTRATION) Bankruptcy Filing
Basic Information on PARAGON OFFSHORE PLC (IN ADMINISTRATION) Bankruptcy
PARAGON OFFSHORE PLC (IN ADMINISTRATION) filed a 11 chapter bankruptcy in the District of Delaware bankruptcy court on July 20, 2017. This is a voluntary filing; it was assigned the bankruptcy case number #17-11575.
The bankruptcy petition for PARAGON OFFSHORE PLC (IN ADMINISTRATION) showed assets in the range of $100MM - $500MM with liabilities in the range of $500MM - $1B. PARAGON OFFSHORE PLC (IN ADMINISTRATION) reports that the number of creditors is in the range of 1-49.
The debtor indicated their nature of business as 'None of the Above'. The options for nature of business in bankruptcies are rather limited and archaic. They include 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
Unsecured Creditor Treatment in PARAGON OFFSHORE PLC (IN ADMINISTRATION) Bankruptcy:
PARAGON OFFSHORE PLC (IN ADMINISTRATION) indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors.
PARAGON OFFSHORE PLC (IN ADMINISTRATION) Bankruptcy Docket Header
VerifDue, PlnDue, DsclsDue |
District of Delaware (Delaware)
Bankruptcy Petition #: 17-11575-CSS
Assigned to: Christopher S. Sontchi Chapter 11 Voluntary Asset |
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Debtor Paragon Offshore plc (in administration) c/o Deloitte LLP Four Brindleyplace Birmingham, UK B1 2HZ OUTSIDE U. S. Tax ID / EIN: 98-1146017 aka Paragon Offshore plc aka Noble Spinco Limited |
rep. by |
Mark D. Collins
Richards, Layton & Finger, P.A. One Rodney Square 920 North King Street Wilmington, DE 19801 302 651-7700 Fax : 302-651-7701 Email: collins @ RLF.com |
U.S. Trustee U.S. Trustee Office of the United States Trustee J. Caleb Boggs Federal Building 844 King Street, Suite 2207 Lockbox 35 Wilmington, DE 19801 (302)-573-6491 |