Environmental L.A.W.S. - Manufacturing Plant Closures 092020
In this episode, Andy shares his insights on strategic considerations for companies closing former manufacturing plants (something happening more frequently as a result of the COVID-19 pandemic) that can lead to favorable outcomes in terms of complying with legal requirements, conducting cost-effective cleanups and maximizing the sale price. Andy and Wray discuss the pros and cons of mothballing former manufacturing properties, the risks and benefits of Phase II sampling to help quantify cleanup costs, long-term risk management considerations, and the key elements of effective corporate-wide plant closing and remediation programs. Join us for this lively discussion that will be of interest to in-house counsel, EHS managers and corporate real estate professionals who are facing (or will face) the challenges presented by plant closures.