Learn how to navigate the complexities of environmental contamination in real estate transactions and development projects.
Contaminated properties are commonly thought of as presenting potentially unlimited liability and financial risk to owners and developers. These same properties, however, can also present lucrative opportunities when the risks of contamination are properly identified, quantified, allocated, and, ultimately, resolved. Participants will gain an understanding of key federal and state regulations, effective due diligence strategies, risk mitigation techniques, and proven approaches to remediation.Learning Objectives
- You will be able to discuss the key statutory and common law sources of environmental liability.
- You will be able to explain the purpose and importance of pre-purchase environmental due diligence.
- You will be able to describe the most important environmental risk mitigation strategies for property owners and developers.
- You will be able to review property remediation sequences and approaches.
Agenda
Overview- Purpose and Scope of Presentation
- The Significance of Contamination for Real Estate Transactions, Development, and Litigation
- Key Statutes and Regulations
- Pre-Acquisition Due Diligence
- Commonly-Identified Environmental Issues
- Defenses and Protections
- Contractual Allocation of Responsibility and Risk
- Environmental Insurance
- State and Local Remedial Programs
- Remediation Process Overview
- Remediation Techniques
- Long-Term Monitoring and Institutional Controls
Speaker(s)
John-Patrick Curran, Esq.Sive, Paget & Riesel P.C.
- Partner with the firm of Sive, Paget & Riesel P.C. in New York
- Practice focuses on all aspects of environmental and construction law, representing residential, commercial and industrial real property owners, operators and developers, construction managers, contractors, design professionals, lenders, and state and local governmental and quasi-governmental entities
- Conducts seminars and teaches courses on issues related to construction law, environmental law, and renewable energy.
- Selected to Super Lawyers®
- Former Adjunct professor in Construction Law and Practice at the NYU School of Professional Studies, Schack Institute of Real Estate
- Author of several publications related to the areas of environmental and construction law.
- J.D. Degree, St. John University School of Law
- Member of the New York State Bar Association, Construction Law and Environmental Law Sections
