Publications | Single Issue Periodical
Family Advocate Winter 2025: Vol. 47, No. 3
Spread it Around: Best Practices in Risk Allocation
Spread it Around: Best Practices in Risk Allocation
In transactions with environmental issues, whether common or emerging, every client wants to know: what are my risks, how much will it cost to address those environmental risks, and how can the risks be managed and the costs allocated so I can proceed with the transaction? This panel will address these questions and describe current best practices to manage, minimize and allocate environmental risks whether before the deal, during negotiations, and after closing.
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In transactions with environmental issues, whether common or emerging, every client wants to know: 1) what are my risks; 2) how much will it cost to address those environmental risks; and 3) how can the risks be managed and the costs allocated so I can proceed with the transaction? This panel will address these questions and describe current best practices to manage, minimize and allocate environmental risks whether before the deal, during negotiations, and after closing. The panel will discuss strategies for structuring transactions, and using contractual solutions, including indemnities, escrows and holdbacks, during negotiations. It will also consider current post-closing tools, including environmental insurance, audits, and voluntary cleanups under state brownfields programs to address environmental risks that may arise later.
The content of this program does not meet requirements for continuing legal education (CLE) accreditation. You will not receive CLE credit for participating.
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