LITTLE ROCK - Attorney Walter Wright presented on the topic of managing Arkansas environmental issues in the lending and foreclosure process at the Arkansas Bankers Association Mega Conference in Little Rock today.
Wright discussed the types of environmental issues, both regulatory and contaminants, that may be material in certain lending transactions. He provided information on the various ways lenders can reduce risks through environmental assessments, Arkansas Petroleum Storage Tank Trust Fund, Arkansas/federal secured creditor exemptions, identification of potentially problematic facilities/properties, drafting appropriate environmental covenants and more.
Wright’s practice has focused on environmental, energy (petroleum marketing), and water law for more than 30 years. His years of experience includes counseling clients on issues involving environmental permits, compliance strategies, enforcement defense, property redevelopment issues, environmental impact statements, and procurement/management of water rights. He also routinely advises developers, lenders, petroleum marketers, and others about effective strategies for structuring real estate and corporate transactions to address environmental financial risks.
In addition, Wright publishes the Arkansas Environmental, Energy and Water Law blog. You can subscribe to his blog at www.mitchellwilliamslaw.com.
About Mitchell Williams
Mitchell, Williams, Selig, Gates & Woodyard, P.L.L.C. is a 92-attorney corporate law firm that provides strategic and comprehensive legal services to help clients achieve their goals. Established in 1954, the firm has offices in Little Rock, Rogers and Jonesboro, Arkansas and Austin, Texas. For more information, visit MitchellWilliamsLaw.com.
About Arkansas Bankers Association
The Arkansas Bankers Association is the advocate for Arkansas banks of all sizes and charter types before the governmental bodies and the public. The ABA promises to continually promote and improve the banking industry amid challenges and in an ever-changing environment. In addition to effective advocacy, the ABA delivers superior industry-specific information and continuing education for bankers.