The following Environment guidance note provides comprehensive and up to date legal information covering:
This Practice Note is part of the Environmental transactions asset purchase toolkit. It has been produced in partnership with ELM Law.
If there are known or suspected non-compliance or land contamination concerns, the buyer or ideally its lawyers might instruct an environmental consultancy firm to undertake a phase 1 EHS compliance audit or intrusive phase 2 testing to assess the liability and financial risks.
The table below summarises the different types of environmental audits:
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