Environmental compliance issues begin before business operations begin. Due diligence is a responsibility inherent in all business transactions, whether an acquisition of another business, a specific operating asset, or the purchase of real estate for new development.


Liabilities in Business Acquisitions

Sellers generally make as few representations and warranties as possible putting the onus on the buyer to identify and evaluate risks associated with the transaction. When dealing with commercial or industrial properties, it is important that an expeditious review of the physical and institutional condition of the property be made to address features that may substantially affect the property value. Each transaction is unique, but common due diligence items considered by JGP Consulting include a title review, existing insurance review, property agreements, zoning and land use restrictions, permits and licenses, environmental conditions, and historical designations.

The conditions of each transaction are considered to scope a list of specific due diligence issues for review. JGP Consulting works closely with clients and other professionals throughout the contracting and due diligence process to provide a thorough yet efficient due diligence review. All findings and conclusions are summarized in a concise, confidential report. Providing a due diligence report brings a common point of reference for the buyer to evaluate the prudence of the acquisition prior to closing.


Environmental Insurance

Sometimes environmental risks cannot be adequately addressed through the business transaction alone. An environmental liability insurance policy can be an effective risk management tool to help provide protection against the environmental liabilities associated with the ownership, operation, development or management of commercial real estate properties.