News & Analysis as of

Contamination AAI Comprehensive Environmental Response, Compensation and Liability Act

Maynard Nexsen

The Phase I Standard is Dead. Long Live the Phase I Standard.

Maynard Nexsen on

ASTM Standard E1527-13 died quietly on February 13, 2024, after a year of peaceful co-existence with its successor - ASTM Standard E1527-21. Both of the standards, which describe the methodology for conducting a Phase I...more

BCLP

Welcoming the New Year with EPA Revisions to the All Appropriate Inquiry Regulations

BCLP on

On December 15, 2022, the United States Environmental Protection Agency (“EPA”) published a final rule amending the Standards and Practices for All Appropriate Inquiries (“AAI”) to incorporate and adopt the American Society...more

Roetzel & Andress

EPA Approves New Standard For Phase I Environmental Site Assessments

Roetzel & Andress on

On December 14, U.S. EPA issued a final rule adopting ASTM Standard E1527-21 for conducting Phase I environmental site assessments. Real estate developers, lenders and investors, and all purchasers of commercial property...more

Husch Blackwell LLP

New ASTM E1527-21 Phase I ESA Standard Stuck in Limbo

Husch Blackwell LLP on

The long-anticipated new ASTM standard concerning Phase I environmental site assessments (ESAs), which was finally expected to go into effect mid-May, is in limbo while the U.S. Environmental Protection Agency (EPA) considers...more

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