Asset purchase transactions (EHS issues)—due diligence stage
Asset purchase transactions (EHS issues)—due diligence stage

The following Environment guidance note provides comprehensive and up to date legal information covering:

  • Asset purchase transactions (EHS issues)—due diligence stage
  • Timing
  • What happens during the phase?
  • Key tasks for lawyers during the phase

In the due diligence phase the buyer’s lawyers and other advisers have the opportunity to investigate the legal, technical and financial performance of the target business.

The purpose of environmental due diligence is to:

  1. assess the risk of inheriting any contaminated land liabilities associated with properties or previous properties

  2. find out if any environmental permits need to be transferred to the buyer, or if new permits need to be applied for

  3. identify material non-compliance with environment, health and safety (EHS) law or environmental permits or capital expenditure requirements that the buyer may become