Current law dictates that both pre- and post-1993 purchasers of contaminated property should take stock of potential liabilities and evaluate whether they satisfy the elements of the innocent purchaser defense. If those elements are not met, current and former owners should consider what other options are available to limit potential liabilities.
Spill Act Liability for 'Innocent' Owners of Contaminated Property
New Jersey Law Journal
November 23, 2010
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