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ELI Skills Seminar: Environmental Due Diligence

July 23, 2014

An ELI Skills Seminar – CLE Credit Available!

Environmental due diligence is the process by which environmental professionals identify, explain, and help manage the economic and legal risks of environmental issues in transactions. Because environmental risks may become legal, financial, and reputational liabilities, environmental due diligence is an essential component of real estate and corporate transactions, but also one that must be very adeptly managed within the larger context of the transaction, the ongoing business, and the regulatory environment.

This online skills workshop trained attorneys and environmental professionals on how to conduct environmental due diligence to assess and manage environmental liabilities associated with a transaction. The relative roles of attorneys, consultants, buyers and sellers were explored.

The event provided participants with an understanding of both the standardized approach to assessing historic, current, and future risks of a property and why there is no “one size fits all” due diligence checklist.

Skills Learned

  • The basic legal requirements for and necessity of environmental due diligence.
  • Practical implications of new ASTM E1527-13 requirements and EPA and state regulations applicable to transactions.
  • Key tips on retaining and working with a consultant and attorney.
  • How to manage and communicate with clients and other professionals working on a transaction.
  • Strategies to offer clients to mitigate risks.

This session’s faculty represented decades of experience in a wide variety of perspectives and roles regarding due diligence inquiry.

Faculty:
Fern Fleischer Daves, Assistant General Counsel, ITT Corporation
Peter Hsiao, Partner, Morrison & Foerster, LLP
Scott E. MacDonald, Principal, ENVIRON


CLE INFORMATION: READ CAREFULLY BEFORE REGISTERING

ELI has requested pre-approval for online Continuing Legal Education accreditation from several jurisdictions. The deadline has now passed to request in your registration form that ELI apply for CLE accreditation. To see a list of which states have accredited this event, and for how many hours, please click here.

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