Congratulations! Your company just bought a large commercial property to manufacture its widgets. Unfortunately, you just received a notice from the Nevada Division of Environmental Protection (NDEP) that the previous owner dumped its manufacturing chemicals down the drain. The pipes leaked and now the soil and groundwater are contaminated. The seller is out of business, dissolved or in bankruptcy. You are left holding the proverbial hot potato. NDEP can and will hold you liable for the costs of cleanup.
Originally published in Nevada Business Magazine - October 2017.
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