| Abstract: | Two keys to avoiding potentially responsible party (PRP) status at future Superfund sites are to manage all waste with appropriate care and to perform appropriate inquiries into the history of new properties prior to acquisition. However, corporations can become PRPs because of their ownership and/or operation of historically contaminated property, their historical waste management practices, or their historical disposal of hazardous substances at nonowned disposal sites, such as landfills. This article describes a method by which insurance companies, waste producers, and property owners can proactively evaluate their potential liability associated with environmental response action costs at contaminated sites. |
