Tuscany Gets Nod On Ch. 11 Plan With Debt-For-Equity Swap

By Jamie Santo ( May 19, 2014, 10:33 PM EDT) -- Alberta, Canada-based Tuscany International Drilling Inc. got the green light from a Delaware bankruptcy court Monday, for a Chapter 11 plan that will see lenders swap up to $155 million in debt to acquire the reorganized oilfield services company. . . .

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