The American Bar Association Section of Environment, Energy and Resources recently published a new edition of the book titled “Environmental Aspects of Real Estate and Commercial Transactions: Acquisition, Development, and Liability Management, Fifth Edition.” A unique and practical resource, the book covers the full range of environmental issues that arise when real estate is acquired, sold, developed, operated, financed, or the subject of a workout.
Holland & Hart environmental law attorney Kevin Murray served as Editor of the updated, comprehensive guide which examines the issues, problems, and pitfalls involved in the intersection of real estate, business, and environmental law. In addition, Murray co-authored the chapter “State Environmental Programs and Statutory Frameworks for Consideration in Real Estate Transactions” with Holland & Hart attorney Elizabeth Rudolf. The team of accomplished real estate, environmental, tax, land use, and business lawyers contributing authors include Holland & Hart attorneys Adrienne Bell and Jennifer Huntsman (“Environmental Issues in the Landlord-Tenant Context”), Greg Lindley (“Environmental Disclosure Requirements under Securities Law”), Heidi Glance and Kylie Crandall (“Conservation Easements”), and Hadassah Reimer and Murray Feldman (“Cultural Resources”).
This fifth edition includes updated and significantly re-written content as well as seven new chapters. The book’s 29 chapters are organized into four parts and the detailed Table of Contents allows quick access to more detailed information in each chapter.
Part One is an overview of environmental liability issues that arise in real estate and commercial transactions. This section is not intended to be a comprehensive review of environmental law, but focuses the areas of liability most often faced by transactional lawyers.
Part Two is a comprehensive guide to issues that arise during transactional due diligence and the information-gathering stage of real estate and commercial matters.
Part Three addresses matters related to transactional structures, tax, and redevelopment posture.
Part Four addresses various environmental laws that are not necessarily liability-focused, but relate in some important manner to real estate development and commercial acquisitions.
Kevin Murray’s practice focuses on managing environmental liabilities, repurposing real estate assets, and creating value through property remediation and planning. Leveraging more than 35 years of expertise successfully remediating and redeveloping complex projects, Murray deftly navigates agency jurisdictional challenges. He is known for his innovative, unique resolutions to complex contamination issues, particularly those involving multi-jurisdictional and multi-agency matters (primarily EPA and NRC) in the mining, real estate, energy, petroleum, nuclear, and manufacturing industries. He has been the lead attorney for billions of dollars of acquisition and development of environmentally challenged assets worldwide, including many Superfund sites.
For more details on the book, please visit the ABA site here.