On Demand
Audio
Introduction to Environmental Real Estate Transactions
Produced on April 24, 2017
Course Information
Course Description
Due diligence can be crucial when undertaking any significant real estate transaction. This program, presented by Karl Heisler, a partner with Katten Muchin Rosenman LLP, will cover environmental liabilities, transactional defenses arising out of the Comprehensive Environmental Response, Compensation, and Liability Act, the “all appropriate inquiries” standard; structuring transactions, and some practical tips for purchasers,
Learning Objectives:
- Understand how to mitigate or eliminate environmental liability associated with a transaction by investigating the asset prior to purchase, sale, or financing
-
Establish that all reasonable care has been taken for purposes of other defenses
- Identify and quantify environmental risks associated with a transaction such that the price can be adjusted accordingly
- Determine whether to proceed with a
transaction, and, if so, on what basis - Understand both the standardized approach to assessing historic, current, and future risks of a property before transaction, as well as why there is no “one size fits all” due diligence checklist
-
Assess whether and to what extent representations, warranties, indemnities, environmental insurance, or other protections should be pursued
Credit Information
Faculty
Karl Heisler
King & Spalding LLP
Karl Heisler concentrates his practice on civil and criminal environmental enforcement, regulatory counseling, and litigation. For over 15 years, Karl has responded to government investigations covering every major federal environmental statute at facilities located throughout the country. He has provided counsel to a number of Fortune 500 companies, responding to grand jury subpoenas, search warrants, civil information requests and whistleblower allegations. He defends clients facing obstruction of justice, false statements and other Title 18 allegations. He routinely conducts internal investigations involving the Clean Air Act, the Clean Water Act, the Resource Conservation and Recovery Act, and the Comprehensive Environmental Response, Compensation, and Liability Act.
Clients have described Karl as having "an unparalleled ability to master the facts and an encyclopedic mastery of environmental law." (Benchmark Litigation 2016). Law360 has recognized him as one of five "Rising Stars" in environmental law nationwide.
Karl dedicates a significant portion of his practice to environmental transactions. He provides advice and counsel on due diligence and the availability of Superfund defenses, and he routinely negotiates representations, warranties, and indemnifications in major transactional matters. He has assisted with acquisitions and divestitures of several entities subject to government investigations arising out of environmental and workplace safety incidents. For the past 7 years, he has taught the environmental transactions course for the Environmental Law Institute, a leader in non-partisan research and environmental law education.
Karl's clients include public and private entities in the chemical manufacturing, construction services, waste management and energy industries, as well as lenders, private equity and real estate investment firms with interests in these industries.
Karl's pro bono work includes serving as outside general counsel to the Rock Creek Conservancy, a non-profit group dedicated to protecting and restoring the Rock Creek Park and its watershed. Established in 1890, Rock Creek Park is one of our nation's first national parks.
Reviews
A nice, informative presentation.
Excellent refresher
Great CLE, moved at a great pace and really covered the basics well in a memorable way.
Sensational! Could listen to this guy all day.
Very good presenter
Good course. Useful information.
This course was excellent. providing a "case study" made this very interesting.
Not enough state-specific information
very clear and informative
Excellent presentation.
very good primer.
Very good review.
Great CLE
Very interesting course Helpful to any attorney and any practice Great! Thank you!
Nice job presenting.
really excellent program. I needed this information now. Thank you.
The video was a nice addition and helped get the point across.
Great presentation skills!
Great course. Well done!
Informative, pacing was good
Very informative; great "host" of the program as well.
Very informative session.
A very articulate, knowledgeable presenter.
very good presentation
Concise and well prepared summary of laws affecting real property transfers
very detailed citations
Very informative!
Great overview.
Due diligence checklist = exceptional practice guide.
Excellent information presented in very good format. Speaker is very knowledgeable but doesn't make it unintelligible as this area of law can be. I hope that he offers additional courses. .
Interesting and very informative presentation of topic.
interesting
This was a great refresher, thanks