Post: corporate environmental laws

Posted by beth on 12/26/03
Hello,
I would like to know what happens to industrial businesses
in places like Newark, NJ, when they want to sell/retire and
all the government agencies (OSHA,EPA,etc) say that you
must clean up the last 75+ years of soil problems.
Currently, we are compliant, and we pass all the environmental
tests, inside & outside the plant.
My question is what about "grandfathering" the law, so we don't
get stuck paying millions of dollars from past owners, or
bankruptsy....Thanks
Posts on this thread, including this one
- corporate environmental laws, 12/26/03, by beth.