Periconi, LLC

April 2012 Archives

EPA Proposes Limits on Greenhouse Gas Emissions from Power Plants

On April 13, 2012, the US Environmental Protection Agency (EPA) published its proposed a draft New Source Performance Standard (NSPS) regulation under Section 111 of the Clean Air Act (CAA) that will cover carbon dioxide (CO2) emissions from new sources in the category defined as new "electric utility generating units," or EGUs.

Environmental Due Diligence in Real Estate Transactions Blog Series: Part II - Contract of Sale of Real Property

In our first post in this blog series, we explained exactly what is meant by the term "environmental due diligence" in real estate transactions and discussed some of the "tools" of environmental due diligence. In this post, we'll cover in detail one of those tools: the contract of sale for real property.

Conservation Buffer Sufficient to Defeat Petitioners' Standing to Challenge Proposed Development

In a decision that highlights how strictly trial courts are construing the standing of prospective plaintiffs or petitioners, a State Supreme Court justice in Westchester County recently held that because of a land conservation buffer between existing homes and a proposed development that the petitioners were fighting, individual residents could not establish the "proximity" necessary to confer standing, i.e., the status needed to permit them to sue. In particular, the petitioners could not establish, in the court's view, that they were harmed in a manner different from that of the general public; in other words, they lacked the particularized injury necessary to be able to challenge the project. See Matter of Tuxedo Land Trust Inc. v. Town of Tuxedo, 2012 N.Y. Misc. LEXIS 938 (N.Y. Sup. Ct. Mar. 5, 2012). 

Environmental Due Diligence in Real Estate Transactions Blog Series: Part I - Introduction

This blog series is based on an article written by James J. Periconi and published in the Winter 2008 Bloomberg Corporate News Journal. Mr. Periconi also discusses the details and the nuances of environmental due diligence of commercial real estate transactions in his bi-monthly continuing legal education course. Although we've blogged about environmental due diligence in the real estate transactions before (see here and here, for example), we decided it was time for a refresher series, including legal updates and discussion of new and exciting topics.

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