A nondisclosed company I am familiar with was considering purchasing some property from a major petroleum company until said company wanted to relinquish responsibility for any future cleanup costs. The location is a bare lot, but was some kind of processing plant in the past.
Purchasing company said no and the deal collapsed.
Just imagine the potential and likely liability if any hydrocarbons were ever found in that dirt!
Purchasing company said no and the deal collapsed.
Just imagine the potential and likely liability if any hydrocarbons were ever found in that dirt!
