The tension between environmental regulation and bankruptcy law
makes environmental liability an issue that must be considered as part of any bankruptcy strategy.
Not exact matches
The Public Accounts / Budget include provisions with respect to certain
liabilities, such as
environmental liabilities, potential losses resulting from court cases, potential losses on loans and loan guarantees, etc. even though no cash payments have been
made.
The company, with a staff of 24, operates two profit -
making divisions: Synapse Services, which provides specialized
environmental insurance, and Synapse Risk Management, which helps property owners manage
environmental liabilities.
This is a time when critical choices must be
made about future sources and uses of energy and the realization that all potential energy sources, quite apart from the carbon dioxide problem, have serious social, economic and
environmental liabilities.
Within the Policy Brief, Lehr writes that the ten years following the establishment of the EPA in 1971 he «helped write a significant number of legislative bills that were to
make up a true safety net for our environment,» including, «Water Pollution Control Act (later renamed the Clean Water Act), Safe Drinking Water Act, Resource Conservation and Recovery Act, Surface Mining and Reclamation Act (which, surprisingly, covered deep mines as well), Clean Air Act, Federal Insecticide, Rodenticide, and Fungicide Act, and Comprehensive
Environmental Response Compensation and
Liability Act (which we now know as Superfund).»
Nothing in this Act affects the
liability of Abitibi - Consolidated related to undertakings
made by it in relation to
environmental remediation.
Acted for a number of former directors and officers in connection with
environmental liability claims
made against them arising out of the liquidation of Northstar Aerospace
«Strengthening Defense Positions Despite Regulatory Changes
Made by the Obama Administration: Overcoming Preemption Hurdles, Accepting Proposed TSCA Changes, and Coming to Terms with Chemical Bans,» American Conference Institute's Chemical Products
Liability and
Environmental Litigation, Chicago, April 2010
The June 21, 1993 Lugano Convention on civil
liability for damage resulting from activities dangerous to the environment, the November 4, 1998 Strasbourg Convention on the protection of the environment through criminal law and the June 23 and 25, 1998 Aarhus Convention on access to information, public participation in decision
making and access to justice in
environmental matters underline this requirement and give the judiciary a central role in the enforcement of
environmental law.
Environmental impairment
liability insurance was first
made available in the 1970's in response to the government cracking down on companies that were polluting the ground and air with hazardous waste.
The bill, called the Brownfields Revitalization and
Environmental Restoration Act, S. 350, would streamline and
make permanent federal cleanup rules, double annual funds for cleanup to $ 150 million, and extend protections against
liability to owners who try to clean up sites.