William C. Wagner, partner in Taft's Environmental and Litigation practice groups, will co-present "Vapor Intrusion and Environmental Liability—Learning from Past Mistakes," a webinar sponsored by Environmental Data Resources, Inc. (EDR) on February 12, 2013.
A number of recent developments, including 2013’s revisions to ASTM E 1527 Phase I environmental site assessment standard, make it more difficult—and risky—to ignore vapor migration during environmental due diligence. EDR Insight has assembled a panel of the most knowledgeable attorneys in the field to help environmental professionals answer a common question: What can happen if vapor-related issues are missed?
This team of experienced attorneys, with decades of experience advising commercial real estate deals, will share real-world cases of “due diligence gone wrong” from vapor migration-related lawsuits filed as a result of inadequate property investigations and poor lender oversight. This one-time event is an important learning opportunity for any environmental professional who participates in environmental investigations, as well as commercial real estate lenders who extend credit on properties that may be impacted by vapor migration.
- William C. Wagner, Partner, Taft Stettinius & Hollister LLP
- Joseph G. Maternowski, Chair of Hessian & McKasy, P.A.’s Environmental Law Attorney Practice Group
- Stuart J. Lieberman, Esq. and Founding Shareholder of Lieberman & Blecher, P.C.
Attendees of this webinar will learn about:
- Recent developments that have brought vapor migration front and center.
- The importance of environmental due diligence policies that expressly address vapor migration.
- The responses of federal and state authorities to vapor intrusion concerns—and the implications for buyers, sellers and lenders.
- Steps that environmental professionals and commercial real estate lenders can take to avoid liability related to vapor migration.
- Real-world examples of what can happen if vapor issues are ignored during environmental due diligence.