An article titled “Importance of Environmental Due Diligence in M&A/Real Estate Transactions,” written by Kenji Sarukura, was posted on “BUSINESS LAWYERS.”
- Types and characteristics of due diligence
- Why is environmental due diligence necessary?
2-1. Rising amounts of cost to address contamination/obstacles
2-2. Limitations of legal proceedings - Overview of environmental due diligence
3-1. Overview of soil contamination investigation (due diligence)
3-2. Overview of building environment investigation (due diligence) - Practical issues concerning environmental contamination investigation
4-1. There are many cases of contamination/waste found on the premises that have already been investigated/dealt with.
4-2. It is not always easy to determine the area requiring measures.
4-3. It is not always easy to determine the cause of contamination.
4-4. Contamination investigation requires a substantial amount of time and cost.
4-5. You cannot fully trust the disclosed documents you receive.
4-6. Regulations on the fields of environment/waste are frequently revised and the views sometimes differ among administrative organs.
4-7. Nature of environmental contamination/waste and contents of investigation can be technical and technological.
https://www.businesslawyers.jp/practices/1424
