A historic drop in the price of oil, along with the COVID-19 pandemic has left the oil & gas industry in uncharted territory. 

In a webinar titled “Avoiding Liability Pitfalls in a Distressed Oil & Gas Environment,” which took place on May 27, partner Alan Goudiss, corporate board member and strategic advisor Steve Pully, and Diversified Gas & Oil PLC’s executive vice president & general counsel Ben Sullivan covered topics such as fiduciary duties in distressed situations, D&O insurance riders and limitations, dividend and share repurchase limitations, employee wages, and tax liabilities.