The following Environment guidance note provides comprehensive and up to date legal information covering:
Environmental insurance may need to be considered in the following situations:
an environmental report identifies significant concerns regarding contamination
there is stalemate in environmental indemnity negotiations
there are concerns over the covenant strength of the indemnifying party
insurance is required by funders, tenants or to help the saleability of a high risk site
See Practice Note: Environmental insurance—when is it needed?
The usual type of insurance in asset purchase transactions is a ten–year fi
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