Paragon Offshore plc (2017)

Company

  • Pre-filing annual sales: $771 (millions of current dollars)
  • Pre-filing assets: $2,308 (millions of current dollars)
  • Pre-filing number of employees: 942
  • 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: July 20, 2017
  • Judge at filing: Christopher S. Sontchi
  • Court district of filing: DE
  • Court city of filing: Wilmington
  • Case number: 17-11572
  • Cause of bankruptcy: Not tort
  • Forum shop? Forum Shop

  • Case transferred? no
  • Destination court of transfer: not applicable
  • Creditors committee appointed? no
  • ยง363 sale: no 363 sale
  • Dip loan final approval? no
  • Plan type: free fall

  • Disposition status: dismissed
  • Date of disposition: March 27, 2018
  • Judge at disposition: Christopher S. Sontchi
  • Days from filing to disposition: 250

After the case

  • Did firm emerge? not classified
  • Did firm refile? not classified


The BRD has been supported by grants from these organizations:

National Conference of Bankruptcy Judges

Turnaround Management Association

American Bankruptcy Institute

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