... jurisdictions property owners can face unlimited liability. Certain aspects of environmental risk related to potential or actual contamination of real property can have a profound impact on financing arrangements and costs, and the bearing and division of risk and return by borrower, creditor, and society...

...Vanessa Beattie‐Jones Considers potential liability for lenders to companies in the UK as a consequence of environmental legislation. Notes that liability can result either directly, from the effect of legislation on the lender or indirectly, from the effect on the borrower. Concludes that the more...