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Counseling Underground Energy, Inc. in Negligent Oversight Dispute

Representing the Liquidating Trust of Underground Energy, Inc. in connection with an ongoing dispute with two former officers regarding exploratory drilling in Central California. Recognizing that this case focuses on technical expertise and expert opinion, Loeb has asserted that the two former officers were negligent in overseeing two drilling programs and that such negligence cost Underground Energy several million dollars and such damages were a significant underlying cause of the company’s bankruptcy.