What is a Brownfield?
- Different meanings in different contexts
- In Federal law, liability provisions apply to all contaminated property
- In State law, laibility provisions apply to all contaminated property
- Some financial incentives are limited
Organization of Presentation
- State law provisions regarding Brownfields
- Federal law provisions regarding Brownfields
- Practical tips regarding negotiations
Brownfields Act Liability Relief
- Innocent Owners/Operators
- Downgradient Owners
- Innocent Tenants
- Redevelopment Authorities and CDCs
- Secured Lenders
- Activity and Use Limitations (AULs)
- Contribution Protection
- Covenant Not to Sue