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    Buying Contaminated Property Without Liability: How to Be a Bona Fide Prospective Purchaser [CC]

    Buying Contaminated Property Without Liability: How to Be a Bona Fide Prospective Purchaser [CC]
    CLE 60 min

    Buying Contaminated Property Without Liability: How to Be a Bona Fide Prospective Purchaser [CC]

    This program will cover the statutory background of bona fide prospective purchasers, relevant case law regarding the same, and practical experience.

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    1.00 total credit hours including

    • General

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      1.00 credit hours

      Available until:

      06/28/2024

    1.00 total credit hours including

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      Available for credit

      1.00 credit hours

      Available until:

      06/28/2024

    1.00 total credit hours including

    • Substantive Law

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      1.00 credit hours

      Available until:

      06/28/2024

    1.00 total credit hours including

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      Status:

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      1.00 credit hours

      Available until:

      06/28/2024

    1.00 total credit hours including

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      Approved

      1.00 credit hours

      Available until:

      12/31/2023

    1.00 total credit hours including

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      1.00 credit hours

      Available until:

      06/28/2024

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      1.00 credit hours

      Available until:

      12/31/2023

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      Available until:

      06/28/2024

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      06/28/2026

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      Available until:

      12/31/2023

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      Available until:

      06/28/2024

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      06/28/2024

    1.20 total credit hours including

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      06/28/2024

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      Status:

      Self apply

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      06/28/2024

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      06/28/2024

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      06/28/2024

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      12/31/2023

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      Available until:

      06/28/2024

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      06/28/2024

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      06/28/2024

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      06/28/2024

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      Self apply

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      06/28/2024

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      Self apply

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      Available until:

      06/28/2024

    1.00 total credit hours including

    • General

      Status:

      Approved

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      Available until:

      06/28/2024

    1.20 total credit hours including

    • General

      Status:

      Approved

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      06/28/2024

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    Closed Captioned.

    Under the CERCLA amendments in 2002, it became possible to knowingly buy contaminated property without becoming strictly liable. The bona fide prospective purchaser addition to CERCLA requires thorough environmental due diligence, including a Phase I environmental site assessment, and the implementation of appropriate reasonable steps and continuing obligations to manage any discovered contamination. Now approaching 20 years since this amendment, there is a body of case law in which the bona fide prospective purchaser provisions have been analyzed by courts. Practitioners have also had experience guiding real estate purchasers and developers through the due diligence and continuing obligations process. This webinar will be useful to anyone involved with buying and selling contaminated property.

    Panelists:

    Jose Almanzar, Beveridge & Diamond PC, New York, NY

    Matthew Cohn (Moderator), Greensfelder Hemker & Gale, Chicago, IL

    Todd Davis, CEO, Hemisphere Brownfield Group LLC, Bedford, OH

    Product Details

    Product Code

    NR2106BCPOLC

    Duration

    60

    Publication Date

    6/29/2021 12:00:00 AM

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