Facilitating mergers, aquisitions and divestitures

Pollution Legal Liability (PLL) provides coverage for environmental risks that may occur adjunct to owning or operating a facility or site. PLL is an important and strategic risk-management mechanism that can offer buyers and sellers protection from environmental liabilities in merger, acquisition and divestiture transactions.

They include coverage for losses due to on- or off-site unknowns, and in some cases, known pollution conditions; coverage for pollution conditions resulting from transportation; and coverage for owned or non-owned disposal site environmental liabilities. Properly transacted PLL insurance can stand as indemnification for buyers and/or sellers.

PLL can be a cost-effective solution for:

Regulatory and contractual requirements

Lender requirements

Shareholder need for certainty

Board of Director objectives

Mergers and acquisitions

Tenant lease requirements

Strategic features

PLL is a transferable asset to future investors or buyers

When broadly structured PLL can fill the gap in the General Liability Policies

Balancing asset for uncertain environmental liabilities in required SEC environmental reporting obligations

Newsroom | Contact Us | hylant.com