Banks sound contamination alert
Banks sound contamination alert
- 1992
- Estates Times (1169) 27 November 1992, 4(1) .
National Westminster Bank has called for a clear legal statement that lenders do not bear responsibility for environmental liability of borrowers, quoting the case of the USA where exemption is the norm for banks who do not participate in their client`s business.
BANKS
CLEAN-UP COSTS
CONTAMINATED LAND
ENVIRONMENTAL LIABILITY
LENDER LIABILITY
LIABILITY
SECURED LENDER EXEMPTION
National Westminster Bank has called for a clear legal statement that lenders do not bear responsibility for environmental liability of borrowers, quoting the case of the USA where exemption is the norm for banks who do not participate in their client`s business.
BANKS
CLEAN-UP COSTS
CONTAMINATED LAND
ENVIRONMENTAL LIABILITY
LENDER LIABILITY
LIABILITY
SECURED LENDER EXEMPTION