Identifying environmental risks and making an informed and realistic risk allocation are key concerns in business transactions across all industry sectors and deal structures. Whether the client needs to develop a pragmatic diligence strategy or complete due diligence within a limited time frame, Sidley has the experience and resources to assemble a skilled team and present our findings in an understandable format.
Our Environmental lawyers have extensive experience in both domestic and international deals ranging from straightforward transfers of real property to complex business acquisitions or divestitures and related financings, capital markets and project finance transactions. Our experience extends to climate change-related transactions as well. We are intimately familiar with required environmental disclosures under the securities laws and state property transfer laws, and with parent and successor corporation liability theories and their effects on risk allocation.
In the bankruptcy area, our lawyers frequently advise clients on structuring workouts to minimize the risk of environmental liability and on the risks of foreclosure on contaminated property. We have assisted both brownfield sellers and brownfield redevelopers in structuring projects, securing available financial incentives and developing effective land use controls to minimize future risks. We also assist clients in obtaining manuscripted environmental insurance policies.
Sidley’s national coverage and cross-office teamwork ensure overall quality and consistency, as well as access to substantial local experience in key jurisdictions such as California, Illinois, New York, Texas and Washington, D.C. Our team approach also enables the firm to remain abreast of the latest legal developments in multiple jurisdictions.