Environmental Risk Transfers for PRPs

Strategies for Managing Substantial Damages Exposure

Recording of a 90-minute CLE webinar with Q&A


Conducted on Wednesday, March 14, 2007

Program Materials

Description

Private and governmental environmental contamination lawsuits are on the rise, and defendants are facing increasingly large damages and settlement demands - and awards.

Rather than venture into the unknown without a safety net, many companies with potential environmental liabilities utilize risk transfer structures to limit their exposure to such damages.

Companies that are potentially responsible parties (PRPs) can take proactive steps to shield themselves against complex environmental cleanup, natural resources, and tort claims that expose them to resource-draining investigations, expensive litigation, and potentially huge damages.

Listen as our authoritative panel examines how companies can take advantage of risk transfer structures to limit and manage environmental claims – and to help defend their interests before and during environmental litigation.

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Benefits

The panel will review these and other key questions:

  • What unique circumstances support a PRP to transfer environmental risk?
  • What are the regulatory and government oversight issues that impact environmental risk transfers?
  • What are the key considerations in negotiating an environmental risk transfer agreement?

Faculty

Michael C. Davis
Michael C. Davis
Partner
Carter Ledyard & Milburn

He practices environmental litigation, environmental and construction insurance, CERCLA cost recovery, subrogation...  |  Read More

Ellen Boyle
Ellen Boyle
VP and Division Counsel
AIG Environmental(R)

She oversees the unit responsible for providing legal services to the environmental insurance division within the...  |  Read More

Glynis Priester
Glynis Priester
National Environmental Practice Leader
Wachovia Insurance Services

He lead WIS’ environmental practice to develop and manage complex environmental risk and insurance solutions. She...  |  Read More