Mon Jun 23rd, On Environmental Law, by Bick Law LLP
The Environmental Protection Agency’s (EPA) Brownfields Program provides opportunities for real estate investors to revitalize properties that have been disused due to environmental contamination. At the same time, however, the liability provisions of the federal Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) can pose substantial risks for those who invest in contaminated properties. Amendments to CERCLA that were enacted in 2002, which remain relatively unknown and underutilized, provide key […]