Environmental Considerations For Cos. Contemplating Ch. 11
Environmental Law Partner Dianne Phillips and Real Estate Attorney Maria de la Motte co-authored a Law360 article providing an overview of common issues arising at the intersection of bankruptcy and environmental law. It is often observed that the intersections between the U.S. Bankruptcy Code and environmental law can create conflict, because while many federal and state environmental statutes seek to hold parties responsible for contamination, in some cases, many years after a release has occurred, the Bankruptcy Code seeks to offer debtors a fresh start.