BBJ Group, LLC services

Current and prospective owners of polluted real property are challenged to quantify the cost to cure liabilities to the point of compliance. Decision makers need this information to identify and select the best strategy in terms of several metrics: (1) expected value, (2) return on investment, and (3) benefit. When strategy involves impaired property transactions, this information is critical to establishing and negotiating fair deal terms. It is also essential for establishing the terms for fair settlement of disputes, insurance claims, discharger allocations, and related actions.

Difficult situations require creative solutions and, if managed properly, can result in cost savings. BBJ Group’s Innovative Environmental Liability Management (ILM) solutions help clients identify, evaluate, and implement creative strategies to mitigate pollution-related environmental liabilities. The approach emphasizes four elements: (1) the design and negotiated acceptance of cleanup and closure strategies that include site-specific cleanup objectives that limit liability, (2) early case resolution and other settlement strategies, (3) prospective purchaser agreements that avoid liability, and (4) land reuse that minimizes liability impact on asset value.