by Wiggin and Dana LLP | Sep 15, 2019
Brownfield properties present intriguing and difficult, yet potentially unparalleled opportunities for development by both public and private entities. The liabilities associated with these actually or apparently contaminated properties should concern any party...
by Wiggin and Dana LLP | Sep 15, 2019
A Brownfield is any real property which, due to actual or suspected environmental contamination, may lie idle, unoccupied, underutilized, unused, or have any one or combination of these characteristics. A Brownfield may be industrial, commercial, agricultural, or even...
by Wiggin and Dana LLP | Sep 15, 2019
Recent developments in federal and state law, as well as creative transactional lawyering, have made it possible for Brownfields to be developed in such a way as to protect the parties from onerous potential liabilities. The Brownfields Revitalization Act, referred to...
by Wiggin and Dana LLP | Sep 15, 2019
These developments directly effect current owners, potential purchasers and lessors, developers, lendinginstitutions, local governmental units or industrial authorities, and other entities interested in improving property or otherwise enhancing its value or reducing...
