Recent Legal Developments Involving Vapor Intrusion and Liability Protections

摘要

With the increased regulatory scrutiny and the potential liability and costs associated with the Ⅵ pathway, the need for thorough due diligence and proper Ⅵ assessments as part of a transaction has become more critical. Tailored due diligence is the key to protecting prospective purchasers, tenants, and lenders, in determining an owner/operator's potential liability and continuing obligations, and in successfully negotiating the terms of any transaction. Experienced legal counsel and environmental consultants are required to navigate the evolving state of the Ⅵ pathway and to ensure that the potential legal risks and technical issues that face sellers, buyers, lenders, and lessees of property are properly considered and addressed.