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Navigating PFAS in Commercial Real Estate Transactions: Post-CERCLA Strategies

Content Provider
American Law Institute CLE
Product
CLE
Run Time
95 Minutes
Recording Date
10/02/2024
Presenter(s)
Brad A. Molotsky, Lindsay Ann Brown, Larry Gottlieb, Haley Kmetz
Learning Method
On-Demand Training
Practice Area
Real Estate, Energy and Utilities and Environment
Persona
CLE OnDemand

Price $259.00

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Description

The first half of 2024 saw significant U.S. EPA activity, resulting in a final rule designating two per- and polyfluoroalkyl substances (PFAS) as "hazardous" under CERCLA. This ruling will lead to increased enforcement, clean-ups, and litigation, with impacts expected to ripple through the commercial real estate market. Register for this high-level discussion to gain practical insights on crucial transaction impacts and deal pressure points for you and your commercial clients. Lenders, buyers, sellers, developers, and insurers involved with commercial real estate transactions need to ready themselves to adapt deals on the fly, take a more discerning look at transactions, and improve due diligence efforts to avoid and mitigate risks stemming from this CERCLA development. - Learn how to keep your deals moving forward, and how to avoid riskier endeavors with legal and technical guidance from our expert panel. During this deep-dive 90-minute presentation you’ll learn about: - Impacts of the EPA Ruling on commercial real estate transaction - Examining and evaluating potential PFAS risks in a transaction through due diligence and environmental assessments - Mitigating the potential risks PFAS may pose in the transaction - Practical considerations for addressing if you discover PFAS-impacts after the transaction This course is designed for commercial real estate practitioners who represent owners, developers, lenders, or investors.

Literature

State Status Total Credits Type Of Credit Approved Thru
AlaskaApproved1.50GeneralOn-going
ArizonaApproved1.50GeneralOn-going
ArkansasApproved1.50GeneralOn-going
CaliforniaApproved1.50Participatory10/02/2029
ColoradoApproved2.00General12/31/2026
ConnecticutApproved1.50GeneralOn-going
DelawareApproved1.60General10/01/2026
FloridaApproved2.00General06/30/2026
HawaiiApproved1.50General10/02/2026
IdahoPending State Response0.00
IllinoisApproved1.50General11/12/2026
IowaApproved1.50General10/01/2025
KansasApproved1.50General11/19/2025
KentuckyApproved1.50General06/30/2025
LouisianaApproved1.58General11/13/2025
MainePending State Response0.00
MinnesotaApproved1.50General11/24/2026
MississippiPending State Response0.00
MissouriApproved1.90GeneralOn-going
MontanaApproved1.50General10/02/2027
New HampshireApproved1.60General10/01/2027
New JerseyApproved1.50GeneralOn-going
New MexicoApproved1.60General10/01/2029
New YorkApproved1.50SkillsOn-going
North DakotaPending State Response0.00
OhioPending State Response0.00
OregonPending State Response0.00
PennsylvaniaApproved1.50General11/13/2026
Rhode IslandApproved1.50General06/30/2025
TennesseeApproved1.58General11/13/2025
TexasApproved1.50General11/30/2025
UtahPending State Response0.00
VermontApproved1.50GeneralOn-going
VirginiaPending State Response0.00
WashingtonApproved1.50General10/01/2029
West VirginiaApproved1.90GeneralOn-going
WisconsinApproved1.50GeneralOn-going
WyomingApproved1.50General11/13/2025

Speakers