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March 2022

Distressed Opportunity Bulletin - Issue 11

Ice Miller launched its Distressed Investment Group ("DIG") to identify and facilitate distressed investment opportunities and assist clients through creative and strategic acquisitions and investments in bankruptcies, in-court restructurings, out-of-court restructurings and other insolvency-related transactions.

Check out the latest issue for a list of currently available distressed investment opportunities and to learn more about our Distressed Investment Group.

Environmental Protection Agency Publishes Rule Officially Allowing New ASTM Standard for All Appropriate Inquiry Environmental Diligence Requirement

March 16, 2022 by Freedom S.N. Smith, Partner
On March 14, the United States Environmental Protection Agency (“EPA”) published a direct final rule in the federal register (87 FR 14174) amending the Standards and Practices for All Appropriate Inquiries (“AAI”) at 40 CFR part 312 to reference ASTM International's E1527-21 “Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process” and allow for its use to satisfy the requirements for conducting all appropriate inquiries under the Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). 

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