Cox, Castle & Nicholson is particularly adept at assisting clients in developing comprehensive risk management strategies for real estate transactions and as part of general management strategies.
We have negotiated the terms of hundreds of environmental indemnities and are intimately familiar with the best methods for structuring effective protection against environmental risks.
Our environmental attorneys are among the few who have negotiated Guaranteed Fixed Price Remediation Agreements, which enable our clients to shift the risk of remediation cost overruns to the remediation contractor in exchange for a fixed sum.
We have extensive experience in evaluating and obtaining environmental insurance policies necessary to mitigate the risk of potential environmental claims, whether for single assets or for real estate portfolios consisting of hundreds of properties. Additionally, we are keenly familiar with the shortcomings of many of the standard environmental insurance policies and have drafted extensive new policy language and endorsements to secure better coverage for our clients. Our productive working relationships with the major environmental insurance carriers enable us to secure enhanced protection for our clients' assets.