Noble Corp. has reached a tentative settlement to resolve its dispute with the Paragon litigation trust, a lawyer for the bankrupt offshore driller said in a court hearing Wednesday. 1.The company has sent the broad terms of the Paragon settlement to its two creditor groups for approval, and Noble expects to file a motion for court approval of the deal as soon as next week, counsel said 1.1Noble didn't provide any details on the settlement in the U.S. bankruptcy court hearing 1.2A court-approved settlement removes a major hurdle to its exit from bankruptcy.
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