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Jun 27, 2014

EPA Proposes Rule to Remove Reference from Outdated Due Diligence Standard

On June 17, the EPA proposed a rule that would remove references to the outdated 2005 industry standard for assessing Brownfields and other sites for potential environmental issues. The proposed rule would amend the EPA’s All Appropriate Inquiry (“AAI”) rule under the Comprehensive Environmental Response, Compensation and Liability Act. (“CERCLA”). Conducting an investigation that meets the AAI standard is one of the necessary steps to achieving the Innocent Landowner Defense under CERCLA. Under the existing rule, parties can establish the Innocent Landowner Defense by using either the 2005 or the recently published, and more stringent, 2013 standard.  The new rule… Read more