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Bankrupt Oil Co. Creditor Sues In Chancery Over 2016 Sale

By Jeff Montgomery ( September 6, 2019, 8:43 PM EDT) -- A former noteholder of bankrupt Triangle Petroleum Corp. on Friday sued three company directors and others involved in the $58 million sale of an oilfield services affiliate in 2016, seeking damages in Delaware's Chancery Court based on the affiliate's quick, allegedly conflicted resale for $284 million....

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