methane gas

Ct Allows CERCLA Claim Agst Bank To Proceed In Methane Case

Brownfields, CERCLA, Environmental Due Diligence, Hazardous Waste, Lender Liability, Methane Gas / By

Back in October 2011, we discussed a failed $35MM development project where a bank sought damages from three environmental consultants for failing to anticipate methane gas problems at the development site. The plaintiff, BancorpSouth Bank, was a successor by merger to The Signature Bank that had financed the project. The project consisted of 150-acre site that […]

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No Administrative Claim For Hotel Damaged By Methane from Bankrupt Landfill Operator

bankruptcy, Corporate and Real Estate Transactions, Environmental Due Diligence, Lender Liability / By

It seems like there were a lot of cases in 2011 involving commercial properties impacted by methane gas from former landfills. A recent case involved a novel question if the owner of a hotel damaged by methane gas migrating from a landfill could seek administrative claim status in a chapter 7 bankruptcy case. In the

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