SMITH, MARK, Unocal Law Department, Los Angeles, CA

ABSTRACT: Environmental Liabilities Involved in the Purchase and Sale of Properties

Part A. Considerations as purchaser.
Part B. Considerations as seller.
Part C. Important aspects of asset purchase or sale agreements: (1.) need for disclosure of contamination; (2.) environmental cleanup cost; (3.) environmental compliance costs; (4.) environmental claims; (5.) third party injury claims and toxic exposures; (6.) Attorney-client privilege.

AAPG Search and Discovery Article #90992©1993 AAPG Pacific Section Meeting, Long Beach, California, May 5-7, 1993.