Get Enviro Liability Estimates With A Decision Tree Model
February 13, 2013, 1:52 PM EST
Law360, New York (February 13, 2013, 1:52 PM EST) -- Estimating environmental liabilities is a necessity for many businesses. Financial staff may be asked to work with technical personnel and legal counsel to quantify environmental liabilities for financial reporting. Technical staff may be asked to estimate these same costs to strategically manage single sites or portfolios of sites as part of the budgeting process.
Also, a company may need to estimate its potential environmental liabilities for any number of risk transfer or evaluation purposes, including due diligence for acquisition or divestiture, insurance recovery efforts and financial...