Evaluation and allocation of environmental liabilities play a critical role in corporate and real estate transactions. Akin Gump Strauss Hauer & Feld LLP’s environment and natural resources practice assists clients in identifying and evaluating risks posed by potential environmental liabilities and in developing and implementing a strategy for managing these risks. Our in-depth knowledge of the substantive areas of environmental law combined with our recognized experience in the practical application of these laws enable us to propose innovative and effective solutions to seemingly intractable problems, thereby saving clients valuable time and money.
Akin Gump has conceived of a unique approach to assist financial services companies in managing environmental due diligence. Our innovative approach, applied to more than $1 billion in acquisitions and hundreds of sites, was developed to serve the specific needs of lenders in light of their unique status under environmental law. Rather than follow environmental due diligence models designed for commercial or industrial property owners, the Akin Gump model is tailored to the risks appropriate to lenders or investors with a security interest in property.