“How can we optimise protection for our risk-averse blue chip client, by structuring a deal to support its acquisition of a business with a contaminat
“How can we optimise protection for our risk-averse blue chip client, by structuring a deal to support its acquisition of a business with a contaminat
4 Pages“How can we optimise protection for our risk-averse blue chip client, by structuring a deal to support its acquisition of a business with a contaminated land holding?” The problem Late on in a corporate transaction, environmental due diligence undertaken by City Law firm Travers Smith identified a site with potential environmental issues arising from its previous land use. The question for Travers Smith was; “How can we optimise protection for our risk-averse blue chip client, by structuring a deal to support its acquisition of a business with a contaminated land holding?” In response Travers Smith had developed an innovative risk-transfer solution to protect its risk sensitive client, involving a package of contractual protection and insurance. An environmental insurance broker had
