Many companies have surplus assets with pollution issues that stress the balance sheet and expose them to cleanup and toxic tort liabilities. Restructuring creates an opportunity to dispose of these assets and generate liquidity. However, this can sometimes be challenging as potential buyers are typically not willing to assume the liabilities. In addition, lenders and investors involved in the refinancing may not be willing to commit funds without some form of environmental risk transfer to address their exposure.
The specialists in Marsh’s Environmental Practice can work with you to identify your distressed assets and help you develop solutions that best address your unique asset profile. We also work with lenders and investors to structure pollution legal liability or lender liability insurance policies with specialized provisions to give them the comfort they desire to execute the deal.