Abstract: | This article illustrates the way environmental insurance policies can be used, and discusses some of the major considerations that must or should be taken into account when making a decision both as to coverage and as to the structure of a transaction. Diane Smith has been practicing environmental law for over 25 years. In this article, she discusses using the new environmental insurance policies to facilitate deals. The issues raised have come up in one or more recent transactions that have utilized the new policy forms to make otherwise difficult or impossible transactions work. © 2001 John Wiley & Sons |