Shearman & Sterling's environmental attorneys counsel industrial, commercial and financial entities regarding a broad array of environmental challenges, including helping them manage environmental risks in the context of business and real estate transactions and achieve compliance with environmental laws and regulations. This work includes coordinating environmental site assessments and compliance audits, and drafting and negotiating the environmental provisions of transaction documents, including real estate acquisitions or divestitures, collateralized loans and leases. Our environmental lawyers practice under U.S., English, French and German law.
We are actively involved with green building and sustainable development initiatives, including LEED and the new six-part European Union climate and energy legislative package, and regularly advise clients on risks and opportunities presented by climate change and sustainable development. We also have experience with site remediation, including brownfields programs and related tax incentives. In addition, our environmental team has extensive experience advising clients in connection with environmental claims, counseling issuers and underwriters regarding environmental and climate change disclosure requirements and trends, and advising financial institutions in connection with liability and portfolio risks associated with their borrowers’ businesses and secured assets.