Shearman & Sterling sponsored the IPAA’s Industry Insights Webinar on Wednesday, May 27 at 11:00 am CT. Partner Sarah McLean moderated a panel with partner Alan Goudiss, corporate board member and strategic advisor Steve Pully, and Diversified Gas & Oil PLC’s executive vice president & general counsel Ben Sullivan.

During this webinar, the speakers discussed how to avoid personal liability pitfalls in a distressed oil & gas environment, including, fiduciary duties in distressed situations, D&O insurance riders and limitations, dividend and share repurchase limitations, employee wages, and tax liabilities.