Environmental considerations in real estate and business transactions
Real estate and business transactions, including mergers and acquisitions, often require complex environmental due diligence investigations to assess the potential for environmental liability and allocate this liability within the deal. Porter Wright’s transactional team comprises both environmental and business and transactional lawyers to assess, understand, allocate and mitigate the potential risks to the transaction from known and potentially unknown environmental liability. As business transactions become more complex, Porter Wright advises and supports our client’s efforts in performing audits and due diligence of environmental operations and business assets to determine compliance with local, state and federal laws and regulations associated with reporting, monitoring, record keeping and permitting among other requirements. Porter Wright regularly assists in working with environmental professionals to conduct Phase I and Phase II environmental site assessments, and business records review for regulatory compliance on behalf of our clients.