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Law360 reported, while oil and gas industries have learned to craft tight insurance and contractual policies from past hurricanes, following the recent Hurricane Ida, attorneys still anticipates significant litigation in the future. McKool Smith principal Willie Wood commented, “The contracting parties have gotten a lot smarter about how to define firm purchases ... and giving you room for exit from a potentially large claim, either as a marketer or as an ultimate purchaser.” Click here to read more.


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