Environmental Solutions for Financial Executives
Environmental Solutions for Financial Executives Transactions often shine a light on environmental issues. Be prepared with a strategy to address environmental risks - before discovery of an environmental issue that delays or derails your transaction.
Mergers & Acquisitions
From the sell-side perspective, how can you ensure that environmental concerns do not erode deal value, increase hold-backs,
delay closing, or lead to immediate investigation (and potential remediation) of environmental conditions?
On the buy-side, how much of a concern are the data gaps, what 'legacy' risks exist, and what price reduction can be achieved for the cost of environmental risk?
Real Property Transactions
Since many commercial or industrial properties have some contamination, relevant questions relate to its known or potential significance relative to the necessity and cost of addressing it.
ER&FS helps clients manage environmental risks in selling, purchasing, or remediating contaminated (or other) property.
Access to Capital
Savvy lenders and investors insist that environmental risks not impair their assets. By addressing this potential concern up-front, principals enhance the attractiveness of their proposals to lenders and investors.
ER&FS designs environmental risk management and insurance solutions to support clients' access to capital.
We retained Brian Benn, Principal of ER&FS, for an expert opinion in a lawsuit pending in federal court regarding the placement of environmental insurance policies. Based on the depth of his professional experience, he provided a carefully reasoned and well written analysis, as well as testimony under oath that supported our case and successfully withstood opposing arguments. Based on this work, we recommend ER&FS for analysis of environmental insurance and expert testimony.
Jon K. Wactor &
William D. Wick
Founding Partners
Wactor & Wick LLP
