Armed with more than 30 years’ of experience in the practice of environmental law and a pragmatic and creative approach to problem solving, Paul Dritsas counsels clients regarding the environmental aspects of real estate and corporate transactions, the applicability of and compliance with New Jersey and federal site remediation requirements, including New Jersey’s unique Industrial Site Recovery Act (ISRA), regulatory and permit compliance, and the investigation, remediation and redevelopment of contaminated properties.
Major companies, real estate investment trusts, and financial institutions (among other clients) enlist Paul to handle environmental due diligence investigations, including Phase I and Phase II site assessments and compliance audits, in support of transactions involving U.S. and international facilities. They retain Paul to identify and evaluate environmental contingent liabilities and prepare and negotiate purchase and sale agreements, including environmental indemnification agreements.
Paul has substantial experience with handling environmental issues associated with the purchase, sale, or disposition of brownfield properties. This work includes providing audits and due diligence; preparing and negotiating acquisition, leasing and financing agreements; resolving site remediation and environmental insurance issues; and counseling clients concerning the redevelopment and reuse of such properties.
With knowledge and insights gained by decades of hands-on experience, he assists clients in successfully navigating burdensome requirements and securing regulatory closure from the New Jersey Department of Environmental Protection of contaminated sites under ISRA, the Brownfield and Contaminated Sites Remediation Act (BCSRA), the Underground Storage of Hazardous Substances Act (UST Act), and the Site Remediation Reform Act (SRRA). He has counseled numerous companies regarding ISRA applicability determinations and in formulating and implementing ISRA, BCSRA, UST Act and SRRA compliance programs, including negotiating Licensed Site Remediation Professional agreements. He helps major companies structure and perform environmental audits and negotiates and secures environmental permits from environmental agencies.