Maximizing response cost recovery from comprehensive general liability and environmental impairment liability insurance carriers

摘要

A site owner, operator, brownfield redeveloper, municipality, tenant or other potentially responsible party ("PRP") suddenly discovers that it is linked to a hazardous waste site. A government agency or a third party demands that the PRP investigate the extent of the contamination and, if necessary, remediate the site and any impacted surroudning properties. The PRP now joins those companies facing a growing multi-billion dollar dilemma. How should the PRP react? What should the PRP do first?