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Author : Adam P. Strochak
Publisher :
ISBN 13 :
Total Pages : 220 pages
Book Rating : 4.3/5 ( download)
Download or read book Environmental Issues in Bankruptcy Cases written by Adam P. Strochak and published by . This book was released on 2009 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Barrett
Publisher : Springer
ISBN 13 :
Total Pages : 240 pages
Book Rating : 4.F/5 ( download)
Download or read book Environmental Issues in Insolvency Proceedings written by John Barrett and published by Springer. This book was released on 1998 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the October 1996 meeting of the Section on Business Law of the International Bar Association, Committee J presented a programme on environmental issues in insolvency proceedings. The success of the programme encouraged the participants to expand their papers into this book which offers an up-to-date current analysis of the treatment of environmental issues in bankruptcy and insolvency proceedings in six jurisdictions: Canada, Denmark, Germany, Spain, the United Kingdom and the United States. Each of the contributors outline the environmental concerns and legal issues within their jurisdiction, address the insolvency issues that arise and the impact of environmental concerns. The book also includes useful insights from a major international bank - Bank of Nova Scotia - into the handling of international credits where environmental concerns are raised in insolvency proceedings.
Author :
Publisher :
ISBN 13 :
Total Pages : 163 pages
Book Rating : 4.:/5 (92 download)
Download or read book Environmental Issues in Bankruptcy written by and published by . This book was released on 1992 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Anne Lawton
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (135 download)
Download or read book Scary Stories and the Limited Liability Polluter in Chapter 11 written by Anne Lawton and published by . This book was released on 2008 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Legal commentators, policy-makers, and the media argue that the current structures of environmental, bankruptcy, and corporate law permit firms to strategically use bankruptcy to inappropriately displace hundreds of millions of dollars of environmental liability onto taxpayers. However, the proposed solution to this supposed problem - reforming bankruptcy, environmental, and/or corporate law - is draconian, and may cause dramatic and uninteded consequences. Moreover, these demands for reform are occurring in a complete absence of data about whether and to what extent inappropriate strategic use of bankruptcy in this manner actually occurs. We conducted an empirical analysis of Chapter 11 bankruptcies filed in 2004 and closed by mid-2006 to try to determine the extent to which environmental liabilities drive bankruptcy filings, with an eye to examining the following questions. First, how many firms in the data set reported environmental violations, liabilities, or other obligations? Second, of these firms, in how many instances did the environmental issues play a role in the bankruptcy filing? Third, of the firms in which environmental matters caused the bankruptcy filing, in how many cases did the debtor end up shifting the cost of the environmental cleanup to the taxpayer? Fourth, even if environmental obligations did not play a role in the decision to file for bankruptcy, did the debtor avoid paying for environmental remediation either by invoking the Bankruptcy Code's abandonment power or its right to discharge? Finally, is there any evidence that parent corporations are using subsidiaries as a mechanism to siphon off assets, thereby leaving a bankrupt subsidiary with environmental liabilities but no assets with which to satisfy them? Our findings suggest that the strategic use of Chapter 11 to avoid environmental obligations is an uncommon phenomenon. We conclude with suggestions about how to improve the reporting of environmental issues in bankruptcy, and also with a cautionary note about reforming bankruptcy, environmental, or corporate law based on anecdotal, rather than empirical, evidence.
Author : Alan S. Tenenbaum
Publisher : American Bar Associaton
ISBN 13 : 9781639052868
Total Pages : 0 pages
Book Rating : 4.0/5 (528 download)
Download or read book Environmental Bankruptcy Law written by Alan S. Tenenbaum and published by American Bar Associaton. This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This Practice Guide tells the story of the conflict between environmental law and bankruptcy law. These complex bodies of law have dramatically different purposes and have often come into conflict over the last four decades. I hope that this book will help government and private environmental and bankruptcy attorneys navigate the difficult complexities at the intersection of environmental and bankruptcy law by providing in one place a fulsome summary of the law in this area"--
Author : American Bar Association. Committee on Environmental Controls
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (314 download)
Download or read book Current Developments on Environmental Issues in Bankruptcy written by American Bar Association. Committee on Environmental Controls and published by . This book was released on 1993 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :
Publisher : Thomson West; Aspatore
ISBN 13 : 9780314268532
Total Pages : 0 pages
Book Rating : 4.2/5 (685 download)
Download or read book Managing Environmental Liabilities in Bankruptcy written by and published by Thomson West; Aspatore. This book was released on 2010 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing Environmental Liabilities in Bankruptcy provides an authoritative, insiders perspective on best practices for helping clients minimize their environmental liabilities during bankruptcy proceedings. Featuring partners from some of the nations leading law firms, these experts guide the reader through the process of assessing environmental risk and transferring liabilities. These top lawyers reveal their advice for navigating environmental reporting obligations, developing innovative risk transfer strategies, and understanding the conflicting goals of environmental and bankruptcy law in todays legal landscape. From assisting clients in identifying and understanding environmental risks to offering advice to companies emerging from bankruptcy, these authors give tips on how best to manage risk during all stages of the bankruptcy process. Additionally, these leaders discuss recent trends in bankruptcy strategies, including 363 asset sales and pre-packaged and pre-negotiated bankruptcy plans. The different niches represented and the breadth of perspectives presented enable readers to get inside some of the great legal minds of today, as these experienced lawyers offer up their thoughts around the keys to navigating this rapidly-changing area of law.
Author : Idaho State Bar. Meeting
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (417 download)
Download or read book Article 9, Bankruptcy Legislation and Environmental Issues written by Idaho State Bar. Meeting and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Roy B. True
Publisher : Lrp Publications
ISBN 13 : 9780934753401
Total Pages : 175 pages
Book Rating : 4.7/5 (534 download)
Download or read book Environmental Liability in Bankruptcy written by Roy B. True and published by Lrp Publications. This book was released on 1995 with total page 175 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : American Bar Association. Committee on Environmental Controls
Publisher :
ISBN 13 :
Total Pages : 118 pages
Book Rating : 4.:/5 (351 download)
Download or read book Environmental Considerations in Bankruptcy written by American Bar Association. Committee on Environmental Controls and published by . This book was released on 1996 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John B. Stephenson
Publisher : DIANE Publishing
ISBN 13 : 9781422302675
Total Pages : 92 pages
Book Rating : 4.3/5 (26 download)
Download or read book Environmental Liabilities written by John B. Stephenson and published by DIANE Publishing. This book was released on 2005-11 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The burden of cleaning up Superfund & other haz. waste sites is increasingly shifting to taxpayers, part'y. since bus. handling haz. sub. are no longer taxed under Superfund & the backlog of sites needing cleanup is growing. While environ. laws rely on the polluter paysÓ principle, the extent to which liable parties cease oper. or restructure can directly affect the cleanup costs faced by taxpayers. This report: determines how many bus. with liab. under fed. law for environ. cleanups have declared bankruptcy, & how many such cases the gov't. has pursued in court; identifies challenges the EPA faces in holding bankrupt & other financially distressed bus. resp. for their cleanup oblig.; & identifies actions that EPA could take to ensure that bus. pay for their cleanups.
Author : Roseann B. Termini
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (137 download)
Download or read book The Impact of Filing Bankruptcy on Environmental Protection written by Roseann B. Termini and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enforcement of environmental regulations and bankruptcy reorganization are diametrically opposed. A challenge exists to effectuate policies underlying state environmental legislation and federal bankruptcy legislation. These areas are of particular interest because of public concern for environmental protection and economic stability. Congress considers protection of the environment a national priority and has enacted legislation in this area. Currently, there is a debate concerning the funding of the Comprehensive Environmental Response Compensation and Liability Act (CERCLA), commonly known as "Superfund". Divergent views exist among industry, environmentalists, the Administration, House Democrats and Senate Republicans regarding the Superfund and parties responsible for payment. CERCLA established a clean-up fund of tax revenues from chemical and petroleum companies, and under CERCLA the federal government cleans up hazardous waste dumps and attempts to recover costs from dump owners and waste producers. Congress is considering a waste-end tax thereby spreading the financial burden to mining, aluminum and electronics industries that utilize the Environmental Protection Agency's (EPA) certified disposal facilities. The tax assessment would be based on the amount of waste disposed. This tax method is a sounder approach than basing the tax on the quantity of raw materials involved in the manufacturing process because the burden is equitably distributed. In addition to federal legislation, states also expressed concern for protecting the environment and enacted such legislation. Moreover, there are joint efforts in the solid waste management area with the federal government providing financial assistance. Congress addressed the issues of economic stability and inflation in the Bankruptcy Reform Act (BRA), referred to as the Bankruptcy Code. Although the procedural mechanisms are complex, the provisions did liberalize the reorganization process. In doing so, economic instability has been alleviated through preserving business entities. However, there is an apparent conflict with environmental regulation enforcement and the BRA liberalization. The issue is whether Congress, in enacting the BRA, intended that a petitioner in bankruptcy be permitted to violate public health and safety regulations. Potential conflicts involved in the BRA and environmental protection include: omission of the requirement in pre-code bankruptcy law of legal insolvency prior to seeking bankruptcy court protection, lack of an explicit good faith requirement in filing a bankruptcy petition, police power, and the impact of the BRA automatic stay section and its application to governmental units. After reviewing the background on bankruptcy proceedings, the impact of the automatic and discretionary stays of the BRA on police power in environmental regulation will be addressed and solutions to the bankruptcy/environmental conflict will be suggested.
Author : Kathleen Segerson
Publisher : Routledge
ISBN 13 : 1351742191
Total Pages : 524 pages
Book Rating : 4.3/5 (517 download)
Download or read book Economics and Liability for Environmental Problems written by Kathleen Segerson and published by Routledge. This book was released on 2018-01-12 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2002. This convenient reference brings together notable contributions examining all aspects of the liability for environmental accidents. Articles included in the Part I of this volume examine the role of liability as a policy instrument, and provide detailed examinations of the incentive effects created by the imposition of liability, ie. Bankruptcy, litigation costs, delegation of responsibility and insurance. Those in Part II study specific environmental issues such as hazardous waste disposal and oil spills. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty five volumes, the most significant journal essays in key areas of the contemporary environmental and resource policy are collected. This convenient reference brings together the notable contributions examining all aspects of the liability for environmental accidents.
Author :
Publisher :
ISBN 13 :
Total Pages : 524 pages
Book Rating : 4.F/5 ( download)
Download or read book Environmental Problems in Financing and Securities Disclosure written by and published by . This book was released on 1991 with total page 524 pages. Available in PDF, EPUB and Kindle. Book excerpt:
![Download Environmental Obligations and Bankruptcy in US-American Law [microform] PDF Online Free](https://books.google.com/books/content/images/frontcover/Wc0wxQEACAAJ?fife=w200-h370)
Author : Wolfgang Wilhelm Riering
Publisher : National Library of Canada = Bibliothèque nationale du Canada
ISBN 13 : 9780315877924
Total Pages : 222 pages
Book Rating : 4.8/5 (779 download)
Download or read book Environmental Obligations and Bankruptcy in US-American Law [microform] written by Wolfgang Wilhelm Riering and published by National Library of Canada = Bibliothèque nationale du Canada. This book was released on 1992 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Janice Lynne Green
Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (226 download)
Download or read book Bankruptcy and Environmental Liability written by Janice Lynne Green and published by . This book was released on 1994 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : United States. Government Accountability Office
Publisher :
ISBN 13 :
Total Pages : 92 pages
Book Rating : 4.E/5 ( download)
Download or read book Environmental Liabilities written by United States. Government Accountability Office and published by . This book was released on 2005 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt:
