EPA Enables Confusing 2-Tier System

Law360, New York (September 13, 2013, 12:49 PM EDT) -- In a direct final rule and proposed rule published in the Aug. 15 issue of the Federal Register[1], the U.S. Environmental Protection Agency announced that parties seeking to comply with the “all appropriate inquiries”[2] (AAI) rule may use a forthcoming version of the ASTM standard practice for performing phase I environmental site assessments (known as E1527-13)[3].

Owners and operators of property who seek to qualify for various liability protections under the federal Comprehensive Environmental Response, Compensation and Liability Act[5] are required to comply with AAI prior...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.