Clients need an environment law team that is not afraid of being creative in structuring transactions to procure the desired transfer of environmental risk.
Linklaters’s environment lawyers have an unrivalled track record in this sphere.
Recent transactions include advising
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on the disposal of distribution businesses in the regulated sector, including discussions with Ofgem, the UK’s energy regulator, on the appropriate allocation of environmental liabilities
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on joint ventures where the parties have agreed complex indemnification for historic industrial disease liability, contamination risk and for losses attributable to sites identified for early closure
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on the ownership, allocation, delivery and verification of EU emissions allowances, following the sale of businesses in the energy sector
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on the acquisition of businesses operating in the emissions trading sector, including their trading book.
