Environmental Due Diligence in Transactions
Whether it is for a purchase, sale, lease, financing, merger, or other transaction, environmental due diligence must be at the heart of all property and business transactions. Environmental due diligence assists signatories to the deal to learn about the environmental conditions that exist when entering into agreements. This enables them to be informed about technical and legal benefits and risks, having exercised reasonable care. Being informed upfront about the environmental condition of the land and building, and the state of business operations is critical to the evaluation of environmental upsides and downsides.
Environmental due diligence seeks to answer specific transactional questions including:
- is a property contaminated?
- does a building contain hazardous materials and/or designated substances?
- are there environmental technical risks that could result in exposure to environmental liability?
- what environmental compliance issues may be at play now and moving forward?
- what do the answers to these and other questions mean for the evaluation of legal risk, and the transaction as a whole?
Environmental due diligence in transactions expertise
At Willms & Shier Environmental Lawyers, our lawyers work to inform clients about environmental risks and liabilities that may arise from corporate commercial and real estate transactions. Our lawyers guide clients through all environmental aspects of transactional due diligence, advising about all steps in the process from pre-purchase environmental due diligence to and through long-term environmental compliance risks.
When it comes to contaminated properties, we take care to investigate fully to ensure that our clients have all of the information that they need to make informed decisions. Our team has developed a reputation for providing clear advice and solutions to managing environmental risks and liabilities in transactions.
Our lawyers assist clients, their technical experts and their transaction lawyers with the environmental aspects of transactions:
- real estate purchases and sales
- share purchases and sales
- asset purchases and sales
- leases
- financings
- insurance negotiations and policy binding
- corporate reorganizations
- mergers and acquisitions
- asset protection
- trustee duties.
Contact our environmental lawyers today
Willms & Shier Environmental Lawyers has offices in Calgary, Ottawa, Toronto, and Yellowknife. Our lawyers are called to the Bar in Alberta, British Columbia, New Brunswick, Nunavut, Northwest Territories, Yukon, and Ontario.
To speak with an environmental lawyer, contact us today.