A Lender's Guide to Environmental Liability Management

A Lender's Guide to Environmental Liability Management

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Learn how to handle the uncertainty associated with environmental liability in A Lender's Guide to Environmental Liability Management. This concise, nontechnical handbook provides detailed information on how these ever-present liabilities can be managed effectively. It gives you the facts you need to explore lending opportunities in new areas while ensuring that your institution operates without unnecessary exposure to financial loss. This much-needed guide provides down-to-earth explanations of the liabilities arising from environmental problems, the science behind these liabilities, and the methods that lenders should implement to minimize financial risk - all without a single mathematical or scientific equation. The guide, divided into six main sections, is filled with must-have information focusing on o environmental law and the lender o the science of soil and groundwater contamination o recommendations for lending institutions' environmental policies o methods for management of contamination liability o techniques for management of contaminated sites o and the lender's role in trusts and financial management. Become environmentally literate and improve your financial decision-making outcomes with A Lender's Guide to Environmental Liability Management. This extremely useful and practical book will save you worry, time, and money.Additional information on the development and use of this checklist is provided under the subheading aquot;Evaluation. ... The next and more comprehensive step in the due diligence investigation involves the use of the transaction screen process (see Chapter 5). ... Institutions should use in-house personnel only when assessing institution-owned real estate. ... Any outside consultants used to perform these investigations should be prequalified according to the policy manuala#39;s statementanbsp;...

Title:A Lender's Guide to Environmental Liability Management
Author: Thomas M. Missimer, James L. Kammert
Publisher:CRC Press - 1996-06-19

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