We possess a unique proficiency in handling matters involving the intersection of environmental and bankruptcy law.
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Our integrated team of environmental experts collaborate with our Bankruptcy & Corporate Reorganization Department to represent debtors, asset purchasers, trustees and other stakeholders in restructuring and insolvency matters that involve environmental related issues.
AT THE CROSSROADs:
ENVIRONMENTAL & BANKRUPTCY LAW
We ensure that you are informed and aware of your environmental obligations in a bankruptcy filing, and we aim to minimize the complex challenges that the opposing goals of bankruptcy and environmental law may pose.
Together with our bankruptcy professionals, we will help you navigate Chapter 7 and Chapter 11 proceedings, as well as state and court receiverships, both locally and nationwide.
Addressing those difficult environmental / bankruptcy issues
We assist clients in the resolution of bankruptcy and environmental related issues. .
Our team handles:
Dischargeability of certain environmental liabilities including cleanup obligations or fines and penalties assessed by federal, state, or local enforcement agencies
Applicability of New Jersey Industrial Site Recovery Act (ISRA) to the filing of a Chapter 7 or 11 bankruptcy
Ongoing cost recovery actions against or on behalf a debtor and the applicability of the stay provisions in the bankruptcy code to such actions
The abandonment of real property by the bankruptcy estate
Liability of shareholders of debtor under environmental laws
Liability of bankruptcy trustee under environmental laws
Other unique issues that may arise as a result of a bankruptcy