Attorney's Guide to Environmental Liability in Transactions.

• Author: Pysher, Suzanne

The Attorney's Guide to Environmental Liability in Transactions approaches environmental islation, liability and related issues from a legal practitioner's point of view. The Illinois Institute for Continuing Legal Education published this guide primarily to aid practicing attorneys, but it contains information that legislators or individuals interested in environmental issues will find useful.

The Attorney's Guide provides a concise overview of federal and state environmental legislation and issues that influence property and commercial legal transactions. It offers a discussion of environmental audits and environmental liabilities in the context of a "due diligence" investigation. It continues with a discussion of liability under CERCLA ("Superfund") and state property transfer laws. Finally, the guide analyzes several issues including the treatment of environmental liability in bankruptcy, environmental reporting requirements, environmental litigation and insurance coverage of environmental claims.

Legislators should...