Our Chambers-recognized environmental attorneys advise clients on environmental and natural-resource issues linked to a broad range of commercial transactions, helping them anticipate, avoid or otherwise manage any potential liabilities and complications.
With experience across the United States and in more than 20 countries, our attorneys efficiently identify and assess potential environmental risks associated with commercial transactions. Once these deals are evaluated, we assist clients in limiting potential liability by drafting and negotiating appropriate contractual representations, warranties, indemnities, and other provisions necessary to allocate risks properly. We use creative mechanisms tailored to each transaction, including negotiating adjustments to the purchase price, carving out contaminated portions of property, establishing financial assurance for assessment and remediation costs, securing insurance, and drafting appropriate environmental indemnities.
We regularly handle real estate commercial lending, asset purchase, project development, brownfields redevelopment, mergers and acquisitions, and other transactions. We have served as lead environmental due-diligence counsel in power plant and industrial facility acquisitions with aggregate values in the billions of dollars.
When companies transfer assets or stock, whether in the form of purchase or sale of business assets or acquisition or divestment of business units, they need vigilant counsel on environmental liabilities and permitting requirements pertaining to ongoing industrial and commercial operations.
We counsel lenders on the liabilities involved in taking environmentally impaired property as collateral, and we represent borrowers seeking to use contaminated property as collateral. Likewise, we assist lenders and borrowers in selecting qualified consultants and contractors, negotiating and drafting environmental consulting agreements and confidentiality agreements, and counseling consultants and clients on various aspects of the confidentiality of audit findings.
We advise clients in the United States and globally on transactions involving the acquisition, development, management, operation, and sale of commercial real estate. Typically, these transactions place substantial emphasis on environmental site assessments. We help clients identify and select qualified site-assessment contractors, draft appropriate consulting and confidentiality agreements, and evaluate environmental site-assessment reports.
Purchases/Sales
Lending
Real Estate
Firm News
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Troutman Pepper Announces 2024 Legal 500 US Rankings
Speaking Engagements
12.19.23
Strafford Webinar: Environmental Due Diligence in M&A Transactions: All Appropriate Inquiry, Bona Fide Purchaser Defense
Firm News
02.22.23
Troutman Pepper Partner Andrea Rimer Selected for Fellows of the American Bar Foundation
Firm News
01.18.23
Troutman Pepper Partner Greg Narsh Earns Spirit of Detroit Award
Firm News
07.01.22
Troutman Pepper’s Greg Narsh to Serve as President-Elect of Hispanic Bar Association of Michigan for 2022-2023
Firm News
06.10.22
Sixteen Troutman Pepper Practices Earn National Recognition in 2022 Legal 500 US Rankings