Environmental Liabilities in Insolvency

Eugenio Vaccari, David Ehmke

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

The paper discusses the treatment of environmental liabilities in insolvency and restructuring frameworks. It compares the German and British approaches – and particularly the rules on disclaimers of environmental liabilities – with the rules and case law from other selected jurisdictions (USA, Canada, New Zealand and Scotland). The paper also refers to alternative mechanisms to avoid the externalization of environmental liabilities on the collectivity.
Original languageEnglish
Title of host publicationThe Perpetual Renewal of European Insolvency Law
EditorsEugenio Vaccari, Emilie Ghio
PublisherINSOL Europe
Chapter2
Pages29
Number of pages42
ISBN (Electronic)978-1-7393683-2-6
Publication statusPublished - 6 Jun 2024

Keywords

  • environmental claims
  • disclaimer
  • insolvency
  • polluter pays principle

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