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Expert Analysis

Litigation Risks For Energy Executives During Bankruptcy

By Paul Bessette, Michael Biles and Rebecca Matsumura (May 4, 2020, 3:21 PM EDT) -- Spurred by the dispute between Russia and the Organization of the Petroleum Exporting Countries, and the worldwide lockdown to prevent the spread of COVID-19, the price of oil has fallen to historical lows. Many oil and gas companies face substantial doubt about their ability to continue as going concerns. A deluge of bankruptcies in the oil sector appears inevitable....

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