The Noble Pursuit
Why did Noble spin off assets to Paragon Offshore on August 4, 2014?
Why did Noble spin off so many Petrobras floaters to Paragon Offshore?
Why did Noble rush the Paragon Offshore spinoff, leaving $395M tax free cash on the table?
Why did PwC do an impairment charge of $929M for Sept 30, 2014 accounting?
Did Noble overvalue assets transferred to Paragon by $1.1 Billion?
Did Noble commit constructive fraudulent transfer?
Is Noble getting off too lightly with the current Noble Settlement?
These questions have plagued Paragon Offshore investors, creditors and employees for too long.
Many of these questions are answered in our research presentation below.
Presentation: The Noble Pursuit - An Investigation into the Noble Spinoff of Paragon Offshore
Download Links:
Microsoft PowerPoint with Research Footnotes
Adobe Acrobat PDF
PDF with Research Footnotes (24MB download)
Why did Noble spin off so many Petrobras floaters to Paragon Offshore?
Why did Noble rush the Paragon Offshore spinoff, leaving $395M tax free cash on the table?
Why did PwC do an impairment charge of $929M for Sept 30, 2014 accounting?
Did Noble overvalue assets transferred to Paragon by $1.1 Billion?
Did Noble commit constructive fraudulent transfer?
Is Noble getting off too lightly with the current Noble Settlement?
These questions have plagued Paragon Offshore investors, creditors and employees for too long.
Many of these questions are answered in our research presentation below.
Presentation: The Noble Pursuit - An Investigation into the Noble Spinoff of Paragon Offshore
Download Links:
Microsoft PowerPoint with Research Footnotes
Adobe Acrobat PDF
PDF with Research Footnotes (24MB download)
$1.36 Billion in Fraudulent Conveyance
The following 5 page outline, presented in U.S. Federal Court in March 2017, summarizes the $1.36 Billion in fraudulent conveyance by Noble Corp in the spinoff of Paragon Offshore:
Proof of $1.36 Billion in Fraudulent Conveyance by Noble Corp
Proof of $1.36 Billion in Fraudulent Conveyance by Noble Corp