Trustees at risk

Author: Owen Lomas and Ross Fairley (2000)

Allen & Overy’s Environmental Law Group unravels the new Contaminated Land Liability Regime which came into force on 1st April 2000 and considers the position of trustees
(taken from Issue No 12 – July 2000)

The new Contaminated Land Liability regime is of particular significance to trustees who own or invest in property as part of a trust fund. Trustees need to be aware that they may, in certain circumstances, be exposed to liability for clean up costs and there may be a consequential breach of trust and personal liability implications.

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