Description
Gain an understanding of the due diligence process and available mitigation tools that can be used during contaminated property transactions.Many potential property buyers do not understand the significant impacts that environmental issues may have on a transaction andor the substantial liability that can attach if such issues are not adequately investigated during the course of due diligence. This program will explain the proper due diligence process for identifying common environmental issues. In addition, this program will discuss remediation strategies for addressing these issues and the available mitigation tools that can be used to pay for such remediation.
Date: 2020-01-30 Start Time: End Time:
Learning Objectives
How to Identify Environmental Issues at a Property
• Conduct Proper Environmental Due Diligence
• Conduct Follow-up Due Diligence as Necessary to Determine the Extent of Environmental Impacts • Phase II and Beyond
Commonly-Identified Environmental Issues
• Soil and Groundwater Impacts (From Sources Such as Industrial Use, Dry Cleaners, USTs and Historic Fill)
• Vapor Intrusion
• Radon
• Asbestos-Containing Materials
• Lead-Based Paint
• Other
How to Remediate Environmental Impacts and Mitigate Costs for Remedial Action
• Remediation
• Soil, Soil Vapor and Groundwater Monitoring
• UST Removal
• Soil Excavation
• Engineering and Institutional Controls
• O&M Plans
• Mitigation
• Insurance
• Financial Tools
• State Funds
M. Buck Dixon-Troutman Pepper Hamilton Sanders, LLP, Hollister A. Hill – Troutman Pepper Hamilton Sanders, LLP, Andrew J. Perel – Troutman Pepper Hamilton Sanders, LLP
