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The Paragon Litigation Trust was formed pursuant to the Fifth Joint Chapter 11 Plan of Paragon Offshore PLC and Its Affiliated Debtors (the "Plan") to investigate and, as appropriate, pursue certain claims and causes of action on behalf of holders of Allowed Revolver Claims, Allowed Term Loan Claims, and Allowed Senior Notes Claims.

On July 18, 2017, the Plan became effective. In accordance with Sections 4.3 and 4.4 of the Plan, holders of Class 3 Allowed Revolver Claims and Allowed Term Loan Claims and Class 4 Allowed Senior Notes Claims are to be distributed, among other things, Class A Litigation Trust Interests and Class B Litigation Trust Interests of the Paragon Litigation Trust.
IMPORTANT NOTICE:

All eligible entities must follow specified registration procedures in order to receive their pro rata share of Litigation Trust Interests. Instructions and registration forms may be accessed on the “Litigation Trust Documents” portion of this site or by following this LINK. Be advised that, pursuant to Section 6.8 of the Plan, all distributions that are not deliverable and remain unclaimed by July 17, 2018 (one year after the Effective Date) shall be forfeited.
For questions regarding the Paragon Litigation Trust, please contact:

Paragon Litigation Trust Management
c/o Alan Carr and Tim Daileader
Drivetrain, LLC
630 Third Avenue, 21st Floor
New York, NY 10017
paragon@drivetrainadvisors.com
Note

Kurtzman Carson Consultants LLC ("KCC”) maintains this website at the direction of Drivetrain, LLC, the Litigation Trust Management of the Paragon Litigation Trust.