Environmental Law in Corporate and Real Estate Transactions 2023 Edition

A complete guide to environmental issues raised in corporate and real estate transactions.

This handbook is a unique resource for Illinois practitioners that balances business and real estate practice with environmental law issues. Whether you represent commercial landlords, manufacturers, real estate developers, government agencies, or private landowners, this handbook will prepare you to tackle any environmental issue. It includes coverage of how to conduct an “all appropriate inquiries” investigation in a real estate transaction, the environmental due diligence process, practice in various environmental forums in Illinois, programs and redevelopment incentives to return brownfields to productive use, and how federal bankruptcy law intersects with environmental issues in a real estate transaction.

Chapter 1 — Environmental Due Diligence in Commercial Transactions
William J. Anaya and Nathan A. Quaglia, Greensfelder, Hemker & Gale, P.C., Chicago

Chapter 2 — State and Federal Environmental Liability
Anne L. Wahlig Kaup, Nijman Franzetti LLP, Chicago

Chapter 3 — Environmental Considerations in Corporate and Real Estate Transactions
E. Lynn Grayson and Drew T. Nishioka, Nijman Franzetti LLP, Chicago

Chapter 4 — Lender Liability Under Environmental Laws for Real Estate and Corporate Transactions
Jacqueline M. Vidmar and Drew T. Nishioka, Nijman Franzetti LLP, Chicago

Chapter 5 — Illinois Environmental Forums
Steven M. Siros, Jenner & Block LLP,Chicago

Chapter 6 — Environmental Litigation: From Pollution to Takings, the Endangered Species Act, and Environmental Justice
Karen Kavanagh Mack, Burke, Warren, MacKay & Serritella, P.C., Chicago

Chapter 7 — Brownfield Development: Government Money for Private Development
Lawrence W. Falbe, Miller, Canfield, Paddock and Stone, P.L.C., Chicago

Chapter 8 — Environmental Issues in the Landlord-Tenant Relationship
Joseph R. Podlewski, Jr., Podlewski & Hanson P.C., Western Springs

Chapter 9 — Insurance Coverage for Environmental Claims
Robert Marc Chemers and David N. Larson, Pretzel & Stouffer, Chartered, Chicago

Chapter 10 — Treatment of Environmental Obligations in Bankruptcy
Mark F. Hebbeln and Susan Poll Klaessy, Foley & Lardner LLP, Chicago

Chapter 11 — Site Remediation Program
Kevin G. Desharnais, Dickinson Wright PLLC, Chicago

Chapter 12 — Consultant Privileges and Proving CERCLA Defenses
Jennifer T. Nijman and Kristen L. Gale, Nijman Franzetti LLP, Chicago

Chapter 13 — Environmental Disclosure Requirements: Accounting, SEC, and Sarbanes-Oxley Act Considerations Associated with Environmental Liability and the Environmental Component of ESG
Maureen M. Crough, Sidley Austin LLP, New York, NY


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This handbook is a unique resource for Illinois practitioners that balances business and real estate practice with environmental law issues. Whether you represent commercial landlords, manufacturers, real estate developers, government agencies, or private landowners, this handbook will prepare you to tackle any environmental issue. It includes coverage of how to conduct an “all appropriate inquiries” investigation in a real estate transaction, the environmental due diligence process, practice in various environmental forums in Illinois, programs and redevelopment incentives to return brownfields to productive use, and how federal bankruptcy law intersects with environmental issues in a real estate transaction.

Chapter 1 — Environmental Due Diligence in Commercial Transactions
William J. Anaya and Nathan A. Quaglia, Greensfelder, Hemker & Gale, P.C., Chicago

Chapter 2 — State and Federal Environmental Liability
Anne L. Wahlig Kaup, Nijman Franzetti LLP, Chicago

Chapter 3 — Environmental Considerations in Corporate and Real Estate Transactions
E. Lynn Grayson and Drew T. Nishioka, Nijman Franzetti LLP, Chicago

Chapter 4 — Lender Liability Under Environmental Laws for Real Estate and Corporate Transactions
Jacqueline M. Vidmar and Drew T. Nishioka, Nijman Franzetti LLP, Chicago

Chapter 5 — Illinois Environmental Forums
Steven M. Siros, Jenner & Block LLP,Chicago

Chapter 6 — Environmental Litigation: From Pollution to Takings, the Endangered Species Act, and Environmental Justice
Karen Kavanagh Mack, Burke, Warren, MacKay & Serritella, P.C., Chicago

Chapter 7 — Brownfield Development: Government Money for Private Development
Lawrence W. Falbe, Miller, Canfield, Paddock and Stone, P.L.C., Chicago

Chapter 8 — Environmental Issues in the Landlord-Tenant Relationship
Joseph R. Podlewski, Jr., Podlewski & Hanson P.C., Western Springs

Chapter 9 — Insurance Coverage for Environmental Claims
Robert Marc Chemers and David N. Larson, Pretzel & Stouffer, Chartered, Chicago

Chapter 10 — Treatment of Environmental Obligations in Bankruptcy
Mark F. Hebbeln and Susan Poll Klaessy, Foley & Lardner LLP, Chicago

Chapter 11 — Site Remediation Program
Kevin G. Desharnais, Dickinson Wright PLLC, Chicago

Chapter 12 — Consultant Privileges and Proving CERCLA Defenses
Jennifer T. Nijman and Kristen L. Gale, Nijman Franzetti LLP, Chicago

Chapter 13 — Environmental Disclosure Requirements: Accounting, SEC, and Sarbanes-Oxley Act Considerations Associated with Environmental Liability and the Environmental Component of ESG
Maureen M. Crough, Sidley Austin LLP, New York, NY


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