Paragon Offshore plc

Company

• Pre-filing annual sales: $1,868 (millions of current dollars)
• Pre-filing assets: $2,984 (millions of current dollars)
• Pre-filing number of employees: 1,987
• Sub-industry: 13 Oil And Gas Extraction
• Place of incorporation: England and Wales
• Court for city of headquarters: TX Houston
• In business at filing? yes

Bankruptcy case

• Chapter at filing: Chapter 11
• Who filed case? debtors
• Debtor's lead attorney: Weil Gotshal
• Date of filing: February 14, 2016
• Judge at filing: Christopher S. Sontchi
• Court district of filing: DE
• Court city of filing: Wilmington
• Case number: 16-10386
• Cause of bankruptcy: Not tort
• Forum shop? Forum Shop


• Case transferred? no
• Destination court of transfer: not applicable
• Creditors committee appointed? yes
• §363 sale: no 363 sale
• Dip loan final approval? no
• Plan type: prenegotiated


• Disposition status: confirmed
• Date of disposition: June 7, 2017
• Judge at disposition: Christopher S. Sontchi
• Days from filing to disposition: 479

After the case

• Did firm emerge? Company emerged
• Did firm refile? not emerged 5 years