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The oil price plunge starting on March 6 seems like a sucker-punch to the oil and gas industry after the price decreases and market unrest as a result of COVID-19.
Whether you are under duress because of the oil price drop or doing business with distressed counterparties or in a position of looking for buying opportunities, Shearman & Sterling’s U.S. Energy team has authored a series of articles highlighting issues to think about on each of the following fronts: