Foley & Lardner LLP Partners Mark Hebbeln and Susan Poll Klaessy co-authored the chapter Treatment of Environmental Obligations in Bankruptcy in the 2023 edition of “Environmental Law in Corporate and Real Estate Transactions,” published by the Illinois Institute for Continuing Legal Education.
In the chapter, the authors offer an overview on the intersection of federal bankruptcy law and environmental law, with particular emphasis on implications for real estate transactions.
“Environmental Law in Corporate and Real Estate Transactions” is a unique resource for Illinois practitioners that balances business and real estate practice with environmental law issues, including coverage of how to conduct an “all appropriate inquiries” investigation in a real estate transaction, the environmental due diligence process, practice in various environmental forums in Illinois, programs and redevelopment incentives to return brownfields to productive use, and how federal bankruptcy law intersects with environmental issues in a real estate transaction.
