Environmental Insurance Coverage Negotiation
Background: An entity was seeking to purchase a property strategically located to support its operational growth, but exposed to active measures by third parties to control contamination under the site.
Role of ER&FS: ER&FS was brought into negotiations under a short timeline to address the entity's concerns about proposed insurance, which the entity and its representatives had not been able to resolve with the insurer. ER&FS identified key information and developed supporting arguments to achieve essential protection for the client.
Client Benefits: The entity was successful in obtaining coverage to the satisfaction of its board and legal counsel, putting its acquisition back on a path to completion.
Case Studies
Acquisition Due Diligence
Acquisition Financing
Asset Enhancement
Asset Retirement Obligations
Captive Risk-Reward
Claim Recovery
Claim Support
Coverage Evaluation
Coverage Negotiation
Development Financing
Financial Assurance
Liability Management
Liability Resolution
Merger Integration
Negotiation Strategy