Failure to Report Contamination: Understanding the Potential Penalties and Deal-Related Consequences
Fri Oct 31st, On Compliance Counseling, by Bick Law LLP
Commercial property owners (and in some cases, other persons who cause, allow, or discover a release of hazardous substances) may be required to report certain environmental contamination events to the U.S. Environmental Protection Agency (EPA), as well as state and local agencies, under various circumstances. Not only can failure to report environmental contamination lead to steep penalties, but if a deal to sell the property is in the works, it […]