Due Diligence / Environmental Site Assessments

Saban’s comprehensive Environmental Due Diligence--All Appropriate Inquiry services are tailored to the needs of our clients. In today’s business and litigious climate, it is increasingly important for our clients to understand the scope and magnitude of the potential financial exposure associated with environmental risks involving business decisions. Whether as part of a merger or acquisition, a commercial or industrial development, plant closure or sale, property repositioning for re-development or sale related to cleanup, or pre-financial support, Saban’s staff has the experience, understanding, and know-how to weave you through potential pitfalls to a successful conclusion.

Related services include:  

ü Site Evaluations for Property Transactions;

ü Environmental Baseline Surveys (EBS) for DOD Facilities;

ü Environmental Condition of Property for DOD Facilities;

ü Transaction Screening (TSQs);

ü Phase I Environmental Site Assessments (ESA);

ü Phase II Environmental Site Investigations;

ü Facilities Environmental Checklists;

ü Real Estate Disposal Surveys;

ü Environmental Assessments (National Environmental Policy Act);

ü Threatened and Endangered Species Surveys;

ü Fish and Wildlife;

ü Preliminary visual screening for hazardous materials;

ü Cultural resource surveys;

ü Floodplain evaluations;

ü Wetland evaluations;

ü Coastal zone management area impacts;

ü Historic district evaluations;

ü Stormwater evaluations;

ü Environmental Impact Statements;

ü National Environmental Policy Act (NEPA).

Business transactions today must include consideration of environmental issues. Complex laws can impose significant environmental liabilities on purchasers, sellers, and lenders involved in a deal, whether or not they caused the problem, and whether or not they still own the property.  Important rules published by EPA and many states provide defenses to environmental liabilities provided that the defendant conducted all appropriate inquiries regarding the property at the time of acquisition, and then took reasonable steps to mitigate the effects of hazardous substances found on the property.