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Seadrill Says It May Face 'More Contentious' Ch. 11 This Time

By Rick Archer ( February 12, 2021, 5:03 PM EST) -- Seadrill Ltd. and a creditor group presented different visions Friday for the offshore drilling company's Chapter 11 case before a Texas bankruptcy judge, with the creditors saying an asset sale may be necessary and Seadrill arguing the company should stay together....

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