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In an increasingly virtual world, environmental risks remain an important area of focus in M&A transactions. Buyers must be aware of potential environmental liabilities associated with the acquisition of a particular target and understand how to effectively allocate any environmental risks. This practice note, drafted by Annemargaret Connolly and Thomas D. Goslin of Weil, Gotshal & Manges LLP, discusses environmental risks in M&A transactions, including a discussion of the key contractual provisions for understanding and allocating environmental liabilities in an acquisition agreement.
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