Oct 23, 2025
Latest News From Bick Law LLP
Can Lenders Be Liable for Property Contamination? What Banks and Borrowers Should Know
Under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA), various parties can potentially be held liable for cleanup costs (among other costs) associated with property contamination. This is true regardless of whether these parties were the original source of the contamination at issue. However, various exemptions and defenses to CERCLA liability may apply—including the secured creditor defense for lenders …