Superfund Year in Review: News for Insurance, Real Estate and Clean-Up Sectors

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Federal courts placed a premium on up-to-date legal work in their 2011 Superfund decisions, as decisions turned increasingly on careful compliance with the latest pleading requirements and closer readings of the statutory language. By the same token, parties seeking to attack government settlements or government supervised clean-ups face even bigger obstacles than before, underlining the importance of cooperation with environmental authorities in addressing contaminated property issues. And the work on the BP Deepwater Horizon cleanup has resulted in a new approach to natural resource damages, which may serve as a model of how to start restoration work even before all the assessments have been finished.

Anyone working in the insurance, real estate or financing businesses, as well as those responsible for environmental cleanup work, should check the authoritative ABA review of the Superfund and natural resource damage developments in 2011. Our partner, Russ Randle, recently wrote the American Bar Association’s Year in Review Article about Superfund and Natural Resource Damages, which appeared in May, 2012. These decisions include...

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Published In: Civil Procedure Updates, Environmental Updates, Insurance Updates, Commercial Real Estate Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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