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Full Service Law Firm | Michael Best & Friedrich LLP

Specializing in the Intersection of Business &amp; Government

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<p>We can help. Our environmental and real estate team just closed on the transfer of an underutilized contaminated former industrial property to a properly vetted Brownfield redeveloper who assumed all of the environmental liabilities associated with the site. The assumptions were backed by a collateral stack of (i) an environmental remediation trust; (ii) a corporate parental guaranty; (iii) specialized environmental insurance products including PLL and excess indemnity policies. </p><p>Our client was able to off-load this property which had become a burden on its books and was able to layer in environmental coverages for the “sleep at night” factor. A special shout out to the expert brokers at <a href="https://www.marsh.com/en/home.html" target="_blank" rel="noopener noreferrer">Marsh</a> who interacted with the markets and helped us get this result for our client.  </p><input type='hidden' id='passle-remote-hosting-tracking-shortcode' value='102k94k'/><div class="passle-featured-image passle-featured-image-position-bottom"><img src="https://images.passle.net/fit-in/400x400/filters:crop(0,44,2115,1187)/Passle/5f6edd8e8cb62a0bec3e5fd2/SearchServiceImages/2025-04-22-15-10-19-920-6807b15bb641fb489a83600d.jpg" alt="Featured Image" /></div>

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