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Category Archives: Hazardous Waste

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EPA Publishes Final Environmental Site Assessment Rule Accepting ASTM E1527-13 as Superceding Existing ASTM E1527-05

Posted in Environmental and Land Use, Hazardous Waste, Real Estate Acquisitions and Dispositions, Real Estate Development

As we discussed in our prior blog the new ASTM standard E1527-13 had been promulgated and that industry was critical of EPA for accepting both standards, despite the fact that E1527-13 was expressly drafted to resolve continuing issues with E1527-05.  On December 30, 2013, however,  EPA published a final rule finding that ASTM E1527-13, released on… Continue Reading

New ASTM Standards for Due Diligence and Why You Should be Aware of Them

Posted in Due Diligence, Environmental and Land Use, Hazardous Waste, Real Estate Acquisitions and Dispositions, Real Estate Development, Real Estate Litigation, Secured Lending and Finance

WHY YOU NEED TO ENGAGE IN DUE DILIGENCE PRE-ACQUISITION Prior to purchasing or leasing property, it is necessary in most instances to engage in at least a screening environmental review.  The purpose of a pre-transaction investigation is two-fold:  first, to determine whether there are issues that must be dealt with in the relevant agreement (or… Continue Reading