Team

Related Practice Areas

 

Douglas R. Gooding, John F. Ventola and Mark A. DeFeo on Environmental Obligations in Bankruptcy

Bankruptcy Law360

 | November 22, 2010

 | Douglas R. Gooding, John A. Ventola, Mark A. Defeo

Doug Gooding, John Ventola and Mark DeFeo co-wrote "Environmental Claims Get Harder to Discharge" in Bankruptcy Law360, in which they discuss the implications of a recent decision that heightens the probability that a bankruptcy will not discharge borrowers from their environmental obligations.  They explain that, as a result of this decision, businesses considering bankruptcy will need to take a closer look at environmental liabilities in the prebankruptcy planning stage and that lenders evaluating credit risk should consider the impact of ongoing environmental obligations on potential or current borrowers.

 

 

Thank you for reaching out to contact Choate. Before you send your message, we wanted to make sure you are aware of the following. Please do not send any confidential information in response to this link. Sending an e-mail to Choate does not give rise to an attorney-client relationship, and will not be deemed to disqualify Choate from undertaking any engagement for a current or future client.  Before any attorney-client engagement may be formed, Choate will need to check for possible conflicts of interest, you will need to consider whether you wish to retain Choate as counsel, and we will need to consider whether we wish to accept the potential engagement. In the meantime, Choate reserves the right to represent parties with interests adverse to you.

AcceptDecline