Total Credits: 1.2 Self Study
Original program date 11/16/21
Environmental liability is one the biggest risks in acquiring and/or developing commercial real estate. When environmental risk is not accurately assessed, allocated and/or hedged, the parties to the deal are exposed to very substantial financial liability and the fundamental economics of the deal are jeopardized. This program will provide you a practical guide to developments in environmental diligence in real estate deals, allocating or hedging the risk, and post-closing concerns.
• Sources of environmental liability under federal law
• Assessing risk: Estimating liabilities and incorporating findings into deal documents
• Developments in affirmative defenses
• Contractual allocation of liability
• Uses of environmental insurance
• Post-closing concerns
Note: This material qualifies for self-study credit only. Pursuant to Regulation 15.04.5, a lawyer may receive up to six hours of self-study credit in a reporting year. Self-study programs do not qualify for GAL Certification, ethics, elimination of bias or Kansas credit.