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March 30, 2013

The Changing Landscape of Phase I ESAs

By Kathryn Peacock

Published in The RMA Journal

Within the last decade, many banks have adopted environmental risk management policies and programs in order to minimize their exposure to environmental risks. Indeed, potential environmental liability has become increasingly relevant to the banking industry. Environmental risks can have far-
reaching consequences if not addressed during the due diligence process. This RMA Journal article summarizes potential risks that may be encountered during the transaction process.

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