Corporate and Real Estate Transactions

NYSDEC Adds New Categories of Sites To Database To Chagrin of Some Property Owners

Corporate and Real Estate Transactions, Disclosure of Environmental Liabilities, Environmental Due Diligence, Hazardous Waste, New York Brownfield Cleanup Program, oil spills / By

The New York State Department of Environmental Conservation (NYSDEC) recently announced that it had added approximately 1,950 sites to its Environmental Site Remediation Database Search database of sites that are subject to one of the agency’s remedial programs. The  NYSDEC said it was adding these additional sites to facilitate real estate transactions and address the […]

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Ct Allows Claim Agst Consultant For Missing Contamination at Lowe’s Site To Proceed

Brownfields, consultant malpractice, Corporate and Real Estate Transactions, Environmental Due Diligence, environmental insurance, oil spills, Underground Storage Tanks / By

Some time ago, we discussed the $14MM lawsuit filed by Lowe’s Home Centers  against a consultant. Lowe’s alleged  that the consultant failed to identify all areas that had been contaminated with PCBs and the store opening was delayed because of complications associated with the previously unknown PCB-contaminated soil was improperly disposed. The matter eventually settled Another

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NJ Shopping Center Owner Waits Too Long to Bring Spill Act Claim

Corporate and Real Estate Transactions, Environmental Due Diligence, NJ Spill Act, oil spills, Underground Storage Tanks / By

Commercial property owners and asset multi-family buildings usually retain property managers firms to handle the daily operations of properties ranging from leasing, record-keeping, routine maintenance and emergency repairs. We previously discussed on how the importance of property managers understanding environmental issues, particularly the nuances of the requirements heating oil tanks for multi-family buildings. A recent New

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Confusion On Role of VI in New ASTM E1527-13 Standard

Corporate and Real Estate Transactions, Environmental Due Diligence / By

You may have seen newsletters by some law firms suggesting that the revised ASTM E1527-13 will REQUIRE evaluation of vapor intrusion as part of a phase 1. These statements are simply incorrect. Since vapor intrusion became a concern a decade or so ago, there has been much confusion in the environmental consultant community if vapor

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EPA Proposes to Approve E1527-13 As AAI

Brownfields, Corporate and Real Estate Transactions, Environmental Due Diligence / By

EPA has published a notice in the federal register proposing that the E1527-13 will satisfy the All Appropriate Inquiries. EPA believes (mistakenly in our opinion) the proposed action is non-controversial. However, just in case the agency published a final direct rule and a proposed  rule . If EPA does not receive adverse comments by September

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9th Circuit Finds Shopping Center Owner Did Not Establish BFPP Status for Dry Cleaner Contamination

CERCLA, Corporate and Real Estate Transactions, Environmental Due Diligence, Hazardous Waste / By

We have previously discussed the series of district court rulings in Voggenthaler v Maryland Square LLC where homeowners and the Nevada Department of Environmental Protection (NDEP) sued past and former owners of a shopping center and operators of a former dry cleaner because of a mile-long groundwater plume resulting from PCE spills from the dry cleaner

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Failure to Identify Dry Wells and Review Building Dept File at Heart of Consultant Malpractice Case

common law, consultant malpractice, Corporate and Real Estate Transactions, Environmental Due Diligence / By

Southern Wine & Spirits of New York vs. Impact Environmental Consultants, 2013 N.Y. App. Div. LEXIS 2081(App. Div.-1st Dept 3/28/13) involves a common source of contamination in Long Island and other suburban areas of New York City-dry wells and septic systems. The parties have yet to begin discovery but based on the motion papers filed

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Mass Ct Rules Contractual Limitation Period Unenforceable

consultant malpractice, Corporate and Real Estate Transactions, Environmental Due Diligence / By

When hiring an environmental consultant, clients are often asked to execute an engagement letter that typically addresses the pricing for the Phase 1 and other logistical information. Attached to the engagement letter will be what often looks like a pre-printed form of terms and conditions that govern the performance of the services to be provided

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SC Appeals Ct Affirms Judgment To Golf Course Developer But Reduces Damages Award

Corporate and Real Estate Transactions, Environmental Due Diligence / By

A South Carolina appeals court affirmed a jury verdict that a seller of a 239-acre golf course in Blythewood, South Carolina had breached an environmental indemnity but reduced the damages award by the jury in Ginn-LA University Club Ltd. v. Amelia Capital III, LLC,2013 S.C. App. Unpub. LEXIS 95 (Ct. App. 2/13/13). In this case,

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Ct Says NJ Brownfield Agreement Not Enough to Establish Innocent Party Status

bankruptcy, Brownfields, CERCLA, Corporate and Real Estate Transactions, Environmental Due Diligence, NJ Spill Act / By

The brownfield reforms that swept the country in the 1990s created new tools for developers of contaminated sites to help minimize their liability. Some of the reforms like the CERCLA Bona Fide Prospective Purchaser (BFPP) liability protection are self-implementing while others such as prospective purchaser agreements, covenants not to sue or letters stating that the developer

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