Environmental Liabilities Present High Risks And Management Challenges In Business Operations & Transactions

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Environmental Liabilities Present High Risks And Management Challenges In Business Operations & Transactions

Environmental Liabilities are High Risk Liabilities

Environmental liabilities are among a number of potentially high

risk liabilities facing companies engaged in commercial operations

and transactions worldwide.1 There are at least four key

characteristics of environmental liabilities that individually or

collectively can create a high risk to a company: (1) they involve

multiple and complex variables making them difficult to identify

and analyze; (2) they are long-term in nature requiring continuous

monitoring and re-assessment; (3) they have a high degree of

uncertainty making them difficult to quantify; and (4) they can

cause significant or material adverse...

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