Environmental Due Diligence in Real Estate Transactions

September 21, 2017

When considering potential real estate investments, the importance of conducting exhaustive environmental due diligence cannot be overstated. In this informative webinar, Krysta Gumbiner and Steve Siegel will focus on landowner liability protections within the context of commercial and industrial real estate transactions.

Webinar Agenda:

  • Strict liability under CERCLA/RCRA and Illinois Environmental Protection Act
    • Who is an owner/operator
    • Who is a responsible party or a potentially responsible party
  • Asserting landowner liability protections
    • ​Innocent landowner defenses (passive/intervening landowner)
    • Bona Fide Prospective Purchaser Defense
      • Satisfaction of all appropriate inquiry under 40 CFR §312.21
      • Addressing environmental recognized conditions
  • ​Preventing collapse of landowner defenses into responsible party liability