Here’s another topic from our "ticking sound" series covering insurance issues and environmental issues . . . Most discussion of the environmental issues that can come with foreclosed property focuses on when the CERCLA lender safe harbor provisions and its state-law analogues apply. What doesn’t get discussed often enough is how a lender goes about selling an… Continue Reading
Tag Archives: CERCLA
More on That Ticking Sound: Environmental Risks and Lender Safe Harbor under CERCLA
Posted in Good Times for Lenders, Insurance & Environmental RisksEnvironmental issues loom large in the context of a real estate workout or a foreclosure. This was a lesson "learned" in the ’80s. (A lesson that often even "glowed" in the dark.) So, here’s another topic from our "ticking sound" series covering insurance issues…and now, environmental issues . . . Few acronyms have more power… Continue Reading