Environmental Due Diligence in Real Estate Transactions

SKU: REL3800 Back to Course Listings

Connecticut MCLE
Accreditation Info

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About This Course

Among the many issues potential purchasers of a property as well as companies with outside facilities must face is the threat of site contamination. Attorneys representing purchasers need to be careful to protect their clients and to be well informed of the Federal and State laws that apply to hazardous site contamination. This CLE course will review the applicable statutes and explain how to evaluate potential risk and construct contracts that effectively protect their clients. The course will also explain Phase I and II environmental reports, CERCLA and issues of environmental due diligence.

Lecturer Bios

James J. Periconi, Esq.

James Periconi’s practice focuses almost equally on commercial property transaction counseling, environmental litigation and regulatory matters. His developer and property-owning clients prize the creative, innovative ways he brings even difficult deals to a successful conclusion. He has reduced fines dramatically in significant EPA enforcement matters for public companies to below materiality thresholds. He has had substantial experience representing defendants in governmental actions brought for remediation of Superfund and other contaminated sites, and for prosecution and defense of private cost recovery actions for such sites (most recently, successfully settling a major contribution action for half of Westchester County’s municipalities). Mr. Periconi has twice been appointed a federal court Special Master in Clean Water Act cases and often acts as an expert witness in environmental law in federal and state actions.

Michael Novak, LSRP

Michael Novak is the President of Atlantic Environmental Solutions, Inc. (AESI). He has 19 years of experience in the management and implementation of environmental consulting and remediation services. Mr. Novak has directed over $15 million in environmental projects at over 1,000 client locations across 45 states. Mr. Novak has extensive experience in assessing, reducing and eliminating environmental liabilities. His areas of expertise include: environmental due diligence, brownfields redevelopment, soil and groundwater investigation and remediation, underground storage tank compliance, hazardous waste management and regulatory coliance. Recently, a remediation project performed under his direction was awarded the 2005 Environmental Excellence Award by the New Jersey Business and Industry Association, a 23,000 member organization. Mr. Novak has testified successfully in court and has been deposed on multiple matters involving environmental issues. His court testimony has ranged from a one day appearance to a six week trial at State Superior Court in a complicated, corporate dispute regarding environmental remediation cost allocation as well as other environmental and regulatory compliance issues. Mr. Novak has assisted many owners in rebutting environmental remediation cost estimates prepared by public agencies and utilities under eminent domain and condemnation proceedings. Michael is a speaker on environmental matters for Lorman Education Services and speaks frequently to groups within the real estate industry on environmental topics.

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Accreditation and CLE Rules for Connecticut

Environmental Due Diligence in Real Estate Transactions

Connecticut MCLEAccreditation Info

About This Course

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