New Delaware Chapter 11 Filing – Prospector Offshore Drilling S.à r.l. (17-11572 – CSS)
Prospector Offshore Drilling S.à r.l., and 3 of its affiliates, has filed for chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware (Lead Case No. 17-11572). The entities are affiliates of the Paragon debtors that filed for chapter 11 on February 14, 2016. The petition lists between $1 and $10 billion in both assets and liabilities. The First Day Declaration can be found here. KCC is the proposed claims agent. The Debtors are requesting the joint administration of these cases. The Honorable Christopher S. Sontchi will be presiding over these cases.
Contact Norman L. Pernick and Nicholas J. Brannick for more information.
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