Jamie Kiser, COO and general counsel for Rhyno Partners, a Charlotte, NC-based investment group, has decades of experience in handling environmental issues, especially in relation to acquisitions and disposals of businesses and properties – which is a time when many previously unknown liabilities and exposures come up.

 

The best way to avoid a nasty surprise during the middle of a transaction is to make sure environmental issues are an integral part of your due diligence process. 

 

And it pays to have an expert – an environmental consultant – do the work. Or, as Jamie puts it: “You come to find out that you’ve not only bought a million-dollar building, you’ve bought a $10 million liablity.”

 

We get into detail on that, as well as how to avoid liability for things that aren’t your fault, why industrial sites – and veteran companies – pose the most risk, and more, including…