Environmental Law Issues for Lenders | Practical Law
This Practice Note provides an overview of the risks to a lender arising from the environmental liabilities of a borrower and ways in which a lender can identify or mitigate those risks. Given recent court decisions that prioritize the use of funds from a debtor or debtor’s estate (in the event of insolvency/restructuring/bankruptcy) to address environmental liabilities, lenders should be mindful of when additional protection might be warranted.