Greenberg Traurig LLP
07/08/2025 | News release | Distributed by Public on 07/09/2025 08:31
Financial Assurance for Cleanup in Perpetuity
When a responsible party agrees to clean up a contaminated site under many programs, the government often demands that it provide financial assurance for the completion of the work. When hazardous substances will remain on the site, the site may require response in perpetuity. Can one specify an amount of financial assurance to secure the forever cleanup? Earlier this spring, the Pennsylvania Commonwealth Court considered that question in a case involving cleanup of a site in Ford City. See PennEnvironment v. Department of Environmental Protection, No. 566 C.D. 2024 (Pa. Commw. Ct. Mar. 11, 2025).
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*The opinions expressed in this column are those of the author and do not necessarily reflect the views of Greenberg Traurig or its clients.
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