TOP TEN ENVIRONMENTAL ETHICAL TRAP DOORS...W. Thomas Lavender, Jr., Esq. tlavender@nexsenpruet.com TOP TEN ENVIRONMENTAL ETHICAL TRAP DOORS

W. Thomas Lavender, Jr., Esq.tlavender@nexsenpruet.com

TOP TEN ENVIRONMENTALETHICAL TRAP DOORS

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‣ Failure to adequately prepare client for aregulatory inspection

‣ Grant or deny access

‣ Prepared for inspection

‣ Advised of appropriate responses

‣ Records available for review

NUMBER TEN

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‣ Failure to advise (timely) purchaser clientof availability of VCP liability protection

NUMBER NINE

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‣ Failure to advise (timely) purchaser clienton of availability of available riskmanagement opportunities for UST trustfund

NUMBER EIGHT

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‣ Failure to advise purchaser/seller client onimplications of due diligence language inpurchase/sale/contract

NUMBER SEVEN

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‣ Failure to clarify ongoing status ofrepresentation

‣ Does it include advising client ofstatutory/regulatory changes

‣ Does it include reminders of significantregulatory obligations

NUMBER SIX

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‣ Failure to understand and advisepurchaser client regarding RECs identifiedin Phase I ESA

NUMBER FIVE

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‣ Relying upon an inadequately prepared ornon-conforming Phase I ESA report

NUMBER FOUR

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‣ Failure to advise client on opportunity tomake a timely voluntary disclosure of anydeficiency discovered by the client in orderto assert civil penalty immunity

NUMBER THREE

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‣ Failure to address “continuing obligations”

‣ Can affect BFPP affirmative defense

‣ Site development activities can increase liabilityif RECs present

NUMBER TWO

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‣ Failure to advise purchaser client toperform an ASTM Phase I ESA prior toany commercial real estate transaction –and have current at time of closing

‣ Absence of lender requirement is immaterial

‣ CYA letter to client who elects to forgo Phase I

NUMBER ONE