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Skilled counsel: negotiating purchase and access agreements

  • Taft Stettinius & Hollister LLP
  • -
  • USA
  • -
  • July 10 2012

The importance of working with skilled and knowledgeable lawyers and environmental consultants when buying or selling commercial property and negotiating purchase agreements and access agreements was recently confirmed in a federal district court case from North Carolina entitled Metropolitan Group, Inc. v. Meridian Industries, Inc., case number 3:09-cv-440

Buyers 35 at fault for not doing environmental due diligence

  • Taft Stettinius & Hollister LLP
  • -
  • USA
  • -
  • October 24 2011

A Michigan Court of Appeals affirmed a jury’s decision that buyers were 35 at fault for their own damages for failing to obtain an environmental inspection before their purchase even though the jury also found that the seller’s real estate agents negligently misrepresented that the property had been remediated

Federal Court of Appeals rules landowner not entitled to common law indemnification

  • Taft Stettinius & Hollister LLP
  • -
  • USA
  • -
  • October 6 2011

A federal Court of Appeals recently held that a landowner who expressly warranted in his sales contract that his property was not contaminated and breached the warranty through no fault of his own, was not entitled under Illinois law to common law indemnification against the polluter who contaminated the land