AMERICAN BROWNFIELDS ASSURANCE COMPANY, INC.

Providing Long-Term Stewardship Alternatives for Environmental Land Use Restrictions - Since 1999

California Sentinel Stewardship Company Commences Operation October 2013!

Brownfields 2008 - May 6, 2008

          Cobo Hall - Detroit, Michigan

Continuing Obligations:  Tools for Maintaining Liability Protection After AAI

Panel Discussion - Tuesday, May 6, 2008 - 2:45 pm 

This panel, including American Brownfields Assurance Company (ABAC) representatives and partners, will discuss the need to satisfy continuing obligations in order to maintain liability protection under CERCLA, the tools for doing so, and the status of ASTM's Continuing Obligations Standards.  Tools include both commercial and not-for-profit approaches to Continuing Obligations and IC/EC Stewardship, financial products, insurance products, and electronic and in-the-field verification and monitoring methodologies.  Perspectives will also be offered regarding regulatory drivers for maintaining continuing obligations, other than liability protection and possible certification standards for environmental professionals conducting Continuing Obligations.

 
    A. J. Birkbeck, ABAC -      Moderator
    Mike Sowinski,
        Opper & Varco -             Status of ASTM Continuing
                                                  Obligations
    Don Richardson, ABAC -   Sentinel Trust Construct
    Bob Wenzlau, Terradex -    Terradex - IC
                                                  Implementation
                                                  Systems
    John Sabuco, Eldertree -     Verification of Continuing
                                                  Obligations in the field
    Paul Lesti, Lesti Structured
        Settlements -                    Long term financing of
                                                  Continuing
                                                  Obligation activities
    Susan Neuman, EIA, Inc. -   Status of Insurance
                                                   Products relating
                                                   to Continuing Obligations

For More Information Contact:

American Brownfields Assurance Company, Inc. 
2093 Robinson Road, SE, Grand Rapids, Michigan  49506 
Tel: 888-847-3173
FAX: 616-458-9911
Internet: ajbirkbeck@americanbrownfields.com

 

Assuring Federal Protection Against Cleanup Costs

All Appropriate Inquiry Alone Does Not Afford Federal Liability Protection

Many property owners have been led to believe, upon completion of their All Appropriate Inquiry (AAI) prior to purchasing a piece of commercial property, that they will enjoy federal liability protections under the Brownfield Amendments to Superfund/CERCLA.  Yet, the Brownfields Amendments clearly require that such owners satisfy their "continuing obligations" in order to maintain their federal liability protection.

American Brownfields Assurance Company, Inc. and the Sentinel Stewardship Companies, are uniquely positioned to work together with property owners to provide resources and tools that property owners might utilize to satisfy their continuing obligations under the Brownfields Amendments and to secure federal liability protection. 

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