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Pacific Energy Wins Approval For Alaska Sale

Law360, New York (July 02, 2009) -- Setting aside creditor concerns, the judge overseeing Pacific Energy Resources Ltd.'s Chapter 11 case has approved the sale procedures for some of the energy company's assets.

On Wednesday, U.S. Bankruptcy Judge Kevin Carey of the District of Delaware signed off on the sale procedure for the Alaska assets while issuing a number of scheduling orders regarding...

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