EPA Changes All Appropriate Inquiries Standard: 2005 ASTM Standard No Longer Sufficient

On October 6, 2014, the US Environmental Protection Agency (EPA) finalized an amendment to its All Appropriate Inquiries (AAI) rule, stating that ASTM E-1527-05, the due diligence standard issued in 2005, is no longer adequate to establish landowner and lender liability protections under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA), a statute that imposes…
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